- Romania will enforce mandatory electronic invoicing for all B2B transactions from January 1, 2024.
- This applies to both resident businesses and non-residents registered for VAT in Romania.
- A three-month grace period until April 1, 2024, ensures no penalties for initial non-compliance.
- Initially, businesses have five working days to report invoices to ANAF.
- From July 2024, a pre-clearance system will be operational, likely requiring immediate invoice reporting.
Source: pincvision.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"
- Romania Proposes Logistics Tax on Low-Value Non-EU Imports, Effective November 2025 if Adopted
- Romania Extends Grace Period for Pre-Populated VAT Return Compliance Until End of 2025
- Romania Approves Prefilled VAT Return Under Order 2351/2025
- Romania Repeals NGO VAT Exemption, Raises VAT and Dividend Tax Rates
- ANAF Updates Annex to “RO e-TVA” Pre-Completed VAT Return Form
