Romania approves prefilled VAT return
Romania approved prefilled VAT return under Order 2351/2025. Romania has issued Order No. 2351/2025, which was published in Official Gazette No. 942 on 13 October 2025, approving the use of the prefilled VAT return. The same issue of the
See MoreRomania: Senate approves new tax treaty with UK
Once in force, the treaty will replace the existing Romania–United Kingdom Income Tax Treaty of 1975. The Romanian Senate approved the new tax treaty with the UK on 29 September 2025. The new agreement, signed on 13 November 2024, aims to
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Romania: Senate approves tax treaty with Andorra
The agreement was signed on 27 September 2024 and seeks to eliminate double taxation and prevent fiscal evasion between the two nations. The Romanian Senate approved the 2024 income and capital tax treaty with Andorra on 29 September 2025. The
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Ecuador, Romania sign CRS MCAA addendum
The two countries signed the addendum on 3 September 2025, updating CRS rules to cover crypto-assets and strengthen reporting and due diligence. The OECD has announced that Ecuador and Romania signed the Addendum to the Multilateral Competent
See MoreRomania joins crypto-asset reporting framework (CARF-MCAA)
Romania plans to begin exchanging information under CARF by 2027. Romania signed the Multilateral Competent Authority Agreement (MCAA) under the Crypto-Asset Reporting Framework (CARF) on 3 September 2025. This framework standardizes the
See MoreRomania gazettes revised VAT reporting requirement
Order No. 2194/2025 has been issued approving the revised format of Romania’s Statement 394 for reporting goods, services, and acquisitions. Romania has published Order No. 2194/2025 in Official Gazette No. 852 of 17 September 2025. This
See MoreRomania gazettes new VAT return form to reflect updated rates
The updated form with the new VAT rates will be required for the VAT return due on 25 September 2025. Romania’s government has published Order No. 2.131 of 2 September 2025 in the Official Gazette on 8 September 2025, approving the update to
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Romania: Government proposes revisions to local taxation, land taxes, and high-value assets
The tax changes include increasing building, land, and high-value asset taxes, abolishing reductions for residential and mixed-use properties, standardising agricultural building taxation, and introducing specific vehicle taxes with limited
See MoreRomania gazettes ordinance amending global minimum tax rules
The Ordinance updates Law No. 431/2023 to implement the Pillar 2 global minimum tax under EU Directive 2022/2523. Romania has published Ordinance No. 21 of 28 August 2025 in the Official Gazette on 29 August 2025. Government Ordinance No.
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Romania: Chamber of Deputies approves new tax treaty with the UK
The new tax treaty will replace the 1975 tax treaty between Romania and the UK. Romania’s Chamber of Deputies (lower house of parliament) has approved a new income and capital tax treaty with the UK on 3 September 2025. Signed on 13
See MoreRomania set to implement new logistics tax
Starting 1 November 2025, Romania will impose a RON 25 tax on low-value parcels (below EUR 150) from non-EU countries. Romania’s government has submitted a draft law to parliament for introducing a logistics tax on 1 September 2025, aimed at
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Romania: Chamber of Deputies approves tax treaty with Andorra
The tax treaty is between the two jurisdictions, aiming to prevent double taxation and combat tax evasion between Romania and Andorra. Romania’s Chamber of Deputies (lower house of parliament) has approved its first income and capital tax
See MoreRomania: Government gazettes small business VAT scheme
The law raises the VAT exemption threshold for small businesses to RON 395,000, with the SME scheme ceasing once national or EU turnover exceeds EUR 100,000. Romania’s government has published Government Ordinance No. 22 (GO No. 22/2025) in
See MoreRomania: Government proposes draft law to enforce small business VAT scheme
The draft law raises the VAT exemption threshold for small businesses to RON 395,000, with the SME scheme ceasing once national or EU turnover exceeds EUR 100,000. Romania’s government published a draft law for public consultation on 20
See MoreRomania: ANAF updates VAT reporting rules following rate increase
The draft law amends the VAT Statement 394 to align it with the VAT rate increases to 21% and 11% effective from 1 August 2025. Romania’s National Agency for Fiscal Administration (ANAF) released a draft law on 25 August 2025 to update the
See MoreRomania: MoF issues draft ordinance, proposes amendments to global minimum tax rules and direct taxes outlined in Fiscal Code
The Ministry of Finance has proposed legislative amendments to the Pillar Two global minimum tax and corporate income tax in the Fiscal Code. Romania’s Ministry of Finance has recently introduced two legislative amendments: one proposes
See MoreRomania: ANAF publishes draft VAT form to reflect updated rates
The updated VAT return form now includes sections for both old and new VAT rates, with a separate section for reporting dwellings eligible for the reduced 9% VAT rate. Romania’s National Agency for Fiscal Administration (ANAF) released a
See MoreRomania: ANAF publishes form for declaring, paying the top-up tax
The form is used for declaring and paying the top-up tax. On 11 August 2025, Romania’s tax authority (ANAF) published Form No. 408 for declaring and paying the top-up tax. Earlier, ANAF issued Order No. 1729/2025, which establishes the
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