- Romania plans to increase VAT rates starting August 1, 2025
- Standard VAT rate will rise from 19 percent to 21 percent
- The 5 percent reduced VAT rate will be removed; most goods and services will move to an 11 percent rate
- Most items taxed at 9 percent will shift to 11 percent, with some exceptions
- New housing paid in advance before August 1, 2025, can still use the 9 percent rate if delivered by August 1, 2026
- Changes are part of broader tax reforms including excise duties and direct taxes
- VAT amendments have been voted in Parliament, making implementation likely
- Formal consultation period is 30 days but may be shortened due to the effective date
Source: pincvision.com
Click on the logo to visit the website
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 Proposes Logistics Tax on Low-Value Non-EU Imports, Effective November 2025 if Adopted
- Romania Extends Grace Period for Pre-Populated VAT Return Compliance Until End of 2025
- Romania Approves Prefilled VAT Return Under Order 2351/2025
- Romania Repeals NGO VAT Exemption, Raises VAT and Dividend Tax Rates
- ANAF Updates Annex to “RO e-TVA” Pre-Completed VAT Return Form
