- Romania has published Order No. 2194/2025 in Official Gazette No. 852 on 17 September 2025
- The order approves the updated format of Statement 394 used for reporting supplies of goods and services and acquisitions within Romania
- Changes to Statement 394 became effective from August 2025 to align with VAT rate adjustments introduced on 1 August 2025
- VAT rate changes included increasing the standard rate from 19% to 21% and consolidating the 5% and 9% reduced rates into a single 11% rate
- The final version of the order remains unchanged from the draft that was previously shared for public consultation
Source: regfollower.com
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"
- Romania Launches National Import System with Digital Customs Declaration Rules
- Special VAT Mechanism for Imports: Authorization Procedures, Obligations and Compliance Requirements
- Romania Introduces Special VAT Mechanism for Low-Value Imports Under EUR 150
- Transfer Pricing Adjustments and VAT Implications: Impact of Recent CJEU Decisions
- Romania Introduces New VAT Informative Statement Requirements