News & Blog

In the Official Gazette of Romania, Part I, No. 672 dated 12.07.2024, the Ministry of Finance Order No. 3044/2024 was published, approving the Procedure for VAT Refunds related to the purchase of goods or services by nonprofit entities and companies wholly owned by nonprofit entities, for which a tax exemption applies.

Law no. 214/2024 on electronic signature and trusted services comes into force on October 8, 2024. Meeting between Minister Marcel Boloș and accounting experts to discuss fiscal changes. Romania intends to sign reciprocity agreements for VAT refund with the United Kingdom.

Order ANAF no. 3562/2024 on the redirection of corporate tax and the RO e-Transport Procedure, ANAF controls for compliance with legislation, accountants protesting against fiscal measures.

Official Announcements:Ministry of Finance (MF) and National Agency for Fiscal Administration (ANAF) launch the e-Transport application for monitoring high-risk fiscal transport. Extension of e-Invoice B2C complies with GDPR. Recent decisions of the European Court of Justice on VAT. The government is preparing to supertax exceptional gains.

Discover the latest proposals from the Ministry of Finance to amend and complete the national RO e-Invoice system and electronic fiscal devices. Learn about the extension of RO e-Invoice usage, exceptions for certain categories, and new fiscal obligations.

The Ministry of Finance proposes amendments to the Tax Code, including raising the non-taxable amount to 300 RON per month for salary income. The European Court of Justice issued significant decisions regarding the tax treatment of workers residing in Switzerland. Full details and official documents are available on the Ministry of Finance website.

We present the latest tax updates and financial legislation news! Stay informed about changes in the tax field and understand their impact on your business or personal financial situation. From tax modifications to new tax benefits, we are here to bring you essential information.

Complete guide to withholding tax on rentals for legal entities in Romania in 2024. Learn how to calculate and pay monthly taxes according to tax regulations, ensuring optimal tax compliance and avoiding penalties.

The decision to extend by a further two months the period during which fines will not be issued in the case of non-compliance with the obligation to submit invoices via the RO e-Invoice system gives entrepreneurs time to avoid any significant negative impacts on their businesses.

As we enter 2024, economic dynamics are shaping fresh trends in the forex market, presenting traders with a mix of opportunities and challenges.