- Government Ordinance No. 22/2025 introduces changes to VAT rules effective September 2025, affecting the place of supply of services and small enterprise exemptions. Key amendments include the suspension of compliance obligations until December 31, 2025, changes to the place of supply for services, an increased exemption threshold for small enterprises from RON 300,000 to RON 395,000, and specific rules for VAT registration when thresholds are exceeded. Transitional provisions apply for companies exceeding the old threshold in August 2025. EU-wide rules allow Romanian businesses to apply the small business exemption in other EU states if their turnover is under EUR 100,000, and vice versa.
Source: teaha.ro
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Romania"
- EU Faces €50 Billion Annual Loss to VAT and Customs Fraud, Warns Public Prosecutor
- Amendments to Housing Purchase Register: Reduced VAT Rate Conditions and Notary Procedures
- eInvoicing in Romania
- ECJ VAT C-465/25 (Matin Maier) – Questions – VAT deduction rights when a supplier is deregistered or declared inactive
- VAT Refund Process for Non-Profit Entities: Eligibility, Documentation, and Deadlines
