Romania: VAT registration procedure updated

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The Romanian tax authority published Order no. 605, a new VAT registration procedure in the official gazette on 1 February 2017.

From 1 February 2017, businesses are no longer required to submit the Form 088, which is a declaration of intention to make taxable transactions in the country. According to Order 605, the application of VAT registration will not be rejected immediately by the tax authorities; in fact the taxpayers will now be able to dispute the decision within 45 days from the date that it was communicated to the taxpayer.

Other criteria for the VAT registration procedure are kept unchanged and the new rule applies from 1 February 2017.

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