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Introduction to the Romanian “e-Factura” System: Implementation, Functionality, and Obligations

  • Implementation of electronic invoicing for all B2B transactions in Romania planned for January 1st, 2024
  • Tax digitalization gaining popularity in the EU
  • Romanian e-Factura is a tool for electronic invoicing
  • Invoices sent to ANAF SPV for verification and validation
  • Invoices cannot be modified, deleted, or cancelled after validation
  • Corrections can be made by issuing a new invoice
  • RO e-Factura system currently applies to B2G and B2B transactions
  • Starting January 1st, 2024, the system will apply to all taxpayers in B2B transactions in Romania
  • Non-residents taxable persons registered for VAT in Romania are also included
  • Exemptions for certain transactions not carried out strictly in Romania
  • Obligation for taxable persons in Romania to submit invoices in the RO e-Factura system between January 1, 2024, and June 30, 2024

Source: krgroup.eu

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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