Romania VAT Rates and Compliance Explained

Key takeaways

• Romania has a standard VAT rate of 19%, two reduced rates of 9% and 5%, as well as VAT exemptions.
• Businesses must register for Romanian VAT when their annual sales exceed RON 300,000 or €10,000 in distance sales. Periodic returns are required to be submitted by the 25th of each month.
• Professional advice should be sought to ensure compliance with penalties enforced for non-compliance including late payment fees and misdeclaration penalties.

Source Taxually

See also

• VAT country guides on Romania

• VAT Country guides of the European Union Countries