Regulatory updates - Romania
Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.
Romania extends the grace period for taxpayers to comply with the RO e-Transport system
The Romanian Ministry of Finance has announced changes to the national digital systems overseen by the Ministry. These changes encompass the e-VAT, RO e-Transport, and RO e-invoice systems.
Romania extends e-invoicing requirements to the B2C sector
In Romania’s continued efforts to combat tax evasion, the country intends to extend e-invoicing requirements for B2C transactions as of 1 January 2025.
Romania publishes a draft law extending penalty grace period for not complying with e-invoicing
Romanian Minister of Finance Marcel Bolos has announced his intent to extend the grace period for penalties associated with electronic invoicing obligations as thousands of taxpayers are still not using e-invoices.
Romania expands the scope of the RO e-Transport system
Romania’s attempt to monitor the transport of goods has now been expanded to include a longer list of high-risk fiscal goods, international operations, and telecommunication protocols.
Romania to produce a mobile application for electronic invoice generation
The Romanian Ministry of Finance has been working on a mobile application to transmit electronic invoices. The swift decision mainly focuses on small and medium-sized enterprises (SMEs) without the volumes of larger organizations but with similar obligations.
Ministry of Finance announces updates to the RO e-Factura platform
The Romanian Ministry of Finance has been actively assessing possible improvements to the national e-invoicing system. Harmonization with invoicing service providers and billing platforms has been a large focus, and the ministry has invited industry leaders to discuss necessary improvements to the national system.
Romania passes further legislation addressing fiscal measures and electronic invoicing
Anticipation continues to build in Romania as further legislation has been passed amending the previous law regarding fiscal and budgetary measures. The new measures implemented regarding electronic invoice requirements for B2B transactions attempt to supplement and clarify requirements during the two-phased approach of the obligations.
Romanian President signs decree on fiscal-budgetary measures including electronic invoicing
After much anticipation, the Romanian legislation regarding fiscal-budgetary measures to ensure long-term financial stability has been signed. The legislation had been under intense review and scrutiny since 19 September 2023 but has now been deemed constitutional and approved.
Romanian draft law announces potential timeline for countrywide mandate
The Romanian government published a draft law on 19 September 2023 that includes long-awaited information about the anticipated countrywide e-invoicing CTC mandate.
European Commission grants Romania permission for a countrywide e-invoicing mandate
Romania has been authorized to implement obligatory B2B electronic invoicing. The mandate is set to commence on 1 January 2024.
Country Specifications
E-Invoicing/CTC Model:
– B2G: Centralized
– B2B: Clearance/Centralized
Mandatory Infrastructure:
RO e-factura
Mandatory Format:
RO_CIUS
Mandatory for Issuing:
- B2G: All contracting authorities
- B2B: E-invoicing for All Suppliers
- B2C: E-reporting for all suppliers from 1 January 2025
Mandatory for Receiving:
– B2G: All contracting authorities
– B2B: All buyers
eSignature:
Not Required
Archiving Period:
– 10 years
Archiving Abroad:
Allowed under conditions
Contact us
Keep up with the latest updates on the e-invoicing mandate
Watch the webinar with Pagero and our guest speakers from Deloitte RO, as we delve into the latest updates about the countrywide e-invoicing system (RO e-Factura) and the mandate requirements, to provide some insight on how they impact the future of invoicing.