- Romania plans to introduce mandatory B2B electronic invoicing from January 1, 2024.
- The government has submitted an application to the EU Commission, which has been recently processed.
- The European Commission has proposed to authorize Romania to introduce mandatory electronic invoicing for transactions between taxable persons established in Romania.
- The Romanian e-invoicing system operates by exchanging invoices with the government portal in the CIUS_RO format, validating them against invoice content and format requirements before being used by the recipient.
- This model was partially introduced in July 2022 and will be extended to remaining taxpayers in 2024.
Source Comarch
Latest Posts in "Romania"
- Romania Increases Reduced VAT Rate on Agricultural Products and Services to 11%
- Romania Delays E-Invoice Requirement for Farmers and Cultural Institutes Until June 2026
- ANAF Implements New Procedure for Reporting Late e-Invoice Submissions by Suppliers
- Romania Launches SAF-T Pilot Program to Enhance VAT Compliance Through Digital Controls
- EU Faces €50 Billion Annual Loss to VAT and Customs Fraud, Warns Public Prosecutor