- The European Commission has proposed granting Romania’s request for derogation from the EU VAT Directive to mandate e-Invoicing, which aims to combat tax fraud and improve tax collection efficiency while reducing administrative costs.
- Romania historically has one of the highest VAT Gaps in the EU and is seeking urgent action, of which e-Invoicing will be a component.
- The existing “RO eInvoicing” system, which came into effect in November 2021, is expected to become the basis for the new mandatory e-Invoicing system.
- The proposed system already uses an invoice format compatible with the European Norm e-Invoicing standard (EN16931), but Romania intends to adapt the system by 2026 to comply with ViDA proposal.
- While the derogation is not a formality, it seems highly likely that Romania will be allowed to proceed.
Source Opentext
Latest Posts in "Romania"
- VAT Cash-Accounting Thresholds Increased with Transitional Measures Effective March 2026
- Romania Delays Mandatory E-Invoicing for Individual Entrepreneurs to June 2026, Adds Deregistration Option
- Romania – VAT law – Law 227/2015 updated 2023
- Romania Modernizes Tax Registration with Electronic Certificates and Enhanced Digital Services
- Romania Raises VAT Cash Accounting Thresholds Under 2026 Economic Recovery Ordinance
