Regulatory updates - Romania

According to a press release, territorial inspection teams from the General Directorate for the Administration of Large Taxpayers will lead these checks.

The goal is to ensure compliance with tax laws, verify declared payments, and address non-compliance risks. Taxpayers were selected based on detailed risk analyses using ANAF's internal data and IT systems.

ANAF has announced that increased controls are part of their strategy to boost compliance and support taxpayers in following legal rules.

The Romanian government has circulated draft legislation on the upcoming obligation to report invoices for B2C transactions. Legislation passed in June 2024 established the requirement for taxpayers engaging in business-to-consumer transactions to transmit electronic invoices as of January 2025. The draft legislation supplements and clarifies select aspects related to the expansion of the mandate.

To begin with, the inclusion of simplified invoices differs from previously published information. Starting January 2025, the previously exempt simplified invoice, defined by the Fiscal Code as invoices with a value of 100 EUR or less, will be in the scope.

Furthermore, addressing previous GDPR concerns, the requirement for beneficiary information to be on the invoice has been removed. Invoice issuers may now use an arbitrary all zero 13-digit value in the field associated instead.

Pagero continues to monitor developments in Romania and analyze the requirements.

The announcement made by the Ministry of Finance mentions new changes being implemented, as well as the extension of grace periods to adopt the systems.

Previously, the grace period for compliance with the RO e-Transport system, in which no penalties were to be levied, was to end on 1 July 2024. The grace period has now been extended until 1 January 2025.

Authorized economic operators are explicitly mentioned in connection with the new measures and timelines associated with the RO e-Transport system. The remaining changes for the digital systems have been passed into law by this Emergency Ordinance.