On June 23, the European Commission issued a PROPOSAL for a Council Implementing Regulation to authorize Romania to introduce mandatory B2B E-Invoicing.
- Proposal to allow Romania to introduce a special measure derogating from Articles 218 and 232 (e-invoicing)
- Proposal for a Council Implementing Decision authorising Romania to introduce E-Invoicing
What happened so far in Romania?
When
- April 2022: B2C e-invoicing mandatory via RO e-factura platform for companies operating in tourism and accepting “vacation vouchers”
- July 2022: B2G e-invoicing mandatory via RO e-factura platform
- July 2022: B2B e-invoicing mandatory for “High-Risk Fiscal Goods”
- July 2022: RO e-transport system mandatory for transport of “High-Risk Fiscal Goods”
What
- Scope of Mandate (Applicable Taxpayers):
- Romanian Companies
- Non-resident Companies with fixed establishment in Romania
- E-invoices must be exchanged via the RO e-factura central platform:
- API connectivity for large taxpayers
- Web platform for small taxpayers
How/Impact
- E-invoices must be issued in predefined CIUS_RO format – (UBL 2.1 or CIN) RO e-factura platform will apply identification number to invoices prior to
validation - Upon clearance and validation, Ministry of Finance e-signature is applied to every cleared invoice
- All fiscal documents must be stored for at least 10 years
Other interesting newsletters on E-Invoice in Romania
B2B E-Invoicing for High Risk Products
- B2B E-Invoice system optional as of April 1, 2022 and mandatory as of July 1, 2022 for risky products
- B2B E-invoicing Mandate for High-risk Products and E-transport System
- B2B taxpayers supplying high fiscal risk products will be obliged to issue e-invoices as of July 1, 2022
- High-risk products are defined as part of the new e-invoicing framework
- Introduction Of Mandatory Electronic Invoicing Rules For Certain Goods And Services
- Partial e-invoicing for B2B fiscal products
- Romania introduces E-Invoicing using the Central Platform RO-EFactura
- Romania introduces mandatory issuance of e-Invoices for B2B ”high fiscal risk” transactions
- Romania: B2G and B2B e-invoicing with the RO e-Invoice platform
B2G
- B2G and B2B e-invoicing with the RO e-Invoice platform
- E-Invoice System Mandatory in B2G Relationships and B2B (high risk products only) from 1 July 2022
- Mandatory B2G e-invoicing as of July 2022
- RO E-Invoice System Officially Mandatory in B2G Relationships from 1 July 2022
- Romania launches new e-invoicing system – “RO e-Factura”
- Romania Makes E-Factura Electronic Invoicing System Mandatory for B2G Transactions
- Romania still loses a third of its VAT to the budget, but the digitization of ANAF will have a visible impact
- Romania to implement countrywide e-invoicing requirements for public and private sectors
Other
- Are Romanian companies in retail sale of clothing obligated to use the E-invoice system?
- E-book: E-invoicing and E-transport in Romania – Current Legal State, Challenges and Forecast
- Five key questions about e-invoicing in Romania – New Edition
- Five key questions about e-Transformation in Romania
- Latest updates on the Romanian CTC obligation
- RO e-Factura could bring over EUR 7 billion to the state budget
- Romania Makes Invoice Submission Through RO E-Invoice System for Business-to-Government Transactions Mandatory
RO E-factura
- E-Factura – Romania’s New E-invoicing System
- Modification of the procedure for the use and operation of the RO e-Invoice: OMF no. 1667/2022
- RO E-Factura Platform Advances B2B and B2G Electronic Invoicing
- Romania grants a penalty grace period for complying with the RO e-Transport system
- Romania launches e-Invoicing for high-risk products!
- Romania launches its RO e-Invoice electronic invoicing platform
- Romania to introduce mandatory business to government (B2G) e-invoicing from July 2022
- Romania e-Invoicing – What is RO e-Factura Platform?
RO e-Transport system
