Romania’s National Agency for Fiscal Administration (ANAF) released a draft law on 25 August 2025 to update VAT Statement 394, aligning it with the new VAT rates of 21% and 11% effective from 1 August 2025. These changes follow amendments to the Fiscal Code. ANAF also released a draft order on 19 August 2025 to update the VAT Return (Form 300) to include sections for both old and new VAT rates.
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"
- Draft Ordinance to Implement EU Small Business Scheme for X-Border Supplies Including Increased VAT Registration Threshold
- Government Proposes VAT Amendments for Virtual and Live Streaming Event Supply Rules
- Romania VAT Briefing: Key Updates and Developments (July – August 2025)
- Romania’s E-Invoicing Reform: Key Business Impacts and Compliance Requirements for 2025-2026
- Romania Updates VAT Law for Virtual and Physical Events