- The Fiscal Code in Romania requires taxable or non-taxable legal persons to self-invoice operations if they are obligated to pay VAT and do not receive an invoice from the supplier/provider.
- This must be done no later than the 15th day of the following month.
- The VAT Green Book provides up-to-date information on all VAT operations and changes to the Fiscal Code.
- Self-billing is not allowed for VAT deduction purposes, except for when the person liable to pay VAT is the beneficiary of the delivery/service.
- If goods are received without an invoice, the recipient cannot self-invoice.
- The reseller taxable person who applies the special regime for second-hand goods must issue an invoice by self-invoicing to each supplier from whom they purchase goods subject to the special regime and who is not obliged to issue an invoice.
- The invoice must include specific information.
Source contabilul.manager.ro
