Regulatory updates - Romania

SMEs—defined as businesses in Romania with an annual turnover below EUR 500,000—will benefit from this extended deadline, which is intended to reduce immediate compliance pressure and allow more time to adapt internal systems for sending, receiving, and storing electronic invoices.

Small taxpayers should still fully prepare for the upcoming mandate. They are encouraged to use this extended period to test data transmission to RO e‑Factura, properly maintain master data, and ensure the reliability of their technical and integration flows to facilitate a smooth transition into full compliance.

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 general VAT rate increased to 21% from 19%
• A singular reduced rate of 11%, previously 5% and 9%, for applicable goods such as food, certain medicines, services related to the hospitality industry, and more.

The new draft also introduces amendments to bank taxes, excise duties, dividend taxes, and required health contributions. The timeline for these changes spans from August 2025 for VAT to January 2026 for impacted dividend taxes and other related matters.