- Romania has amended its Fiscal Code to align with the EU’s small business VAT scheme, raising the VAT registration threshold to RON 395,000. This change allows micro and small businesses in the EU to claim VAT exemptions when trading in Romania, provided they do not exceed the local and EU-wide turnover limits. Romanian businesses can also benefit from similar exemptions in other EU countries. The new rules simplify VAT compliance for SMEs engaged in cross-border trade, reducing administrative costs. Businesses exceeding the old threshold but not the new one in August 2025 are not required to register, while those exceeding the new threshold must register by September 10, 2025. The changes aim to facilitate cross-border trade and reduce regulatory burdens for small businesses.
Source: vatabout.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.
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