Romania’s new VAT rules under Government Decision No. 602/2025 took effect on August 1, 2025, aligning the VAT Implementing Norms with recent amendments from Law No. 141/2025. The standard VAT rate increased from 19% to 21%, while a unified reduced VAT rate of 11% now applies to goods and services previously taxed at 5% or 9%, including food, medicine, accommodation, books, and cultural services. Read more

Romania’s new fiscal law, effective August 1, 2025, increases the standard VAT rate from 19% to 21% and consolidates the reduced rates (5% and 9%) into a single 11% rate. The 11% VAT applies to key sectors like food, medicines, housing, cultural services, and hospitality, while raw materials will be taxed at the full 21%, potentially impacting pricing and refunds.   Few days ago, Romania&rsq... Read more

Romania’s National Agency for Fiscal Administration (ANAF) has launched a verification campaign targeting 2,768 companies to investigate potential profit exports between 2020 and 2024. Running from July 17 to August 29, 2025, the initiative focuses on profit declarations, transfer pricing compliance, and consistent tax rule application. ANAF aims to promote transparency and fair taxation through a... Read more

On July 7, 2025, the Romanian Government formally assumed responsibility before Parliament for a sweeping fiscal reform package, which includes increasing the standard VAT rate to 21%, raising reduced VAT rates to 11%, increasing excise duties by 10%, taxing dividends at 16%, and imposing health contributions (CASS) on pensions above 3,000 lei. Read more

Romania has announced significant tax changes, including VAT rate increases starting August 1, 2025, to help reduce the budget deficit. The standard VAT rate will rise from 19% to 21%, and the reduced VAT rates of 5% and most 9% rates will be unified at 11%, covering food, medicines, books, firewood, water, and HoReCa services, though the HoReCa rate may increase to 21% after an October review. Read more

Starting July 1, 2025, Romanian businesses must ensure full compliance with B2C e-invoicing rules, as penalties for non-compliance will take effect. Since January 1, 2025, all economic operators—regardless of VAT status—have been required to issue and submit B2C invoices via the RO e-Invoice system, with a six-month grace period ending soon. Read more

On May 15th, 2025, Fiscal Solutions organized a free webinar on the topic of "Fiscalization and online sales in European countries". The webinar was held by Fiscal Solutions Legal Consultant Nikolina Basić. Let’s delve deeper into this topic! Read more