- Starting January 2025, non-resident taxpayers in Romania must adhere to new SAF-T reporting obligations
- Non-resident taxpayers have specific reporting requirements focusing on sales, purchase invoices, and tax codes
- SAF-T data will help Romania’s tax authorities with VAT reconciliation and pre-filled VAT returns
- Non-resident taxpayers must submit SAF-T reports by the last day of the month following the reporting period
- A grace period until July 31, 2025, is provided for late submissions without penalties
- Penalties for non-compliance include fines of up to 1,000 EUR for late submissions and up to 300 EUR for incomplete or incorrect information
- Businesses should prepare for the new reporting requirements to avoid fines and ensure timely and accurate submissions
Source: rtcsuite.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.
