- Romania has enacted new e-invoicing rules, effective from January 2024.
- Businesses must transmit their invoices through the RO E-Factura system within 5 calendar days from the invoice issuance date, starting from July 2024.
- Exemptions from e-reporting and e-invoicing obligations are now clearly defined.
- Non-compliance with e-invoicing requirements will result in penalties, ranging from 1,000 lei to 10,000 lei, depending on the taxpayer’s size.
- Other fines for non-compliance will come into effect from April 2024.
- Businesses need to prepare their systems to comply with these changes to avoid penalties.
Source: fonoa.com
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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.
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