Romania's government has introduced comprehensive tax reforms aimed at closing loopholes in share transfer regulations and eliminating bureaucratic red tape. The new measures expand monitoring of all share transactions in companies with outstanding tax debts while removing redundant administrative requirements made obsolete by digital systems.
Romania’s government announced on 5 March 2026 that it has approved a new Emergency Ordinance, proposed by the Ministry of Finance, designed to strengthen tax collection mechanisms while simplifying administrative procedures for businesses. The reforms focus on preventing tax avoidance, modernising digital systems, and creating a more transparent fiscal environment.
Finance Minister Alexandru Nazare emphasised the government’s commitment to building an equitable partnership between the state and the business community. “We want a modern tax administration that supports economic activity, offers predictability to the business environment and contributes to the stability of public finances,” he stated.
Stricter controls on share transfers
The ordinance significantly expands oversight of share transfer transactions to prevent companies from evading tax obligations. Under amendments to Article V of Law no. 239/2025, the enforceability requirements for share assignments will now apply to all partners of limited liability companies, not just controlling shareholders.
Previously, only transfers involving controlling stakes required notification to the central tax authority. Following analysis by the Ministry of Finance and ANAF revealing gaps in the existing framework, the new regulation ensures that any share transfer from a company carrying tax debts must be reported to the authorities beforehand. This prevents partners from formally exiting businesses to dodge budgetary obligations.
Digital simplification measures
The government is also eliminating redundant administrative procedures made obsolete by new IT systems. The “RO e-TVA compliance notification” requirement under GEO no. 70/2024 has been removed, as pre-filled returns already provided by the Ministry of Finance make this notification unnecessary.
Additionally, the tax authority’s obligation to communicate tax risk classifications upon written request is suspended until 31 December 2026. During this period, digitalisation processes across the Ministry of Finance, CNIF, and ANAF will enable taxpayers to access this information automatically through their Virtual Private Space.
The Ordinance also includes amendments to the future authorisation procedure for warehouses for excise goods, aligned with the observations received within the Economic and Social Council. The amendments aim to maintain working capital at the disposal of economic operators by adjusting the amount of financial guarantees and risk criteria.
