01.20.23
Delay for proposed universal B2B e-invoicing mandate
Last year, we communicated (and successfully implemented) a solution relating to high-fiscal risk products in Romania, which, as of 1 July 2022, now have to pass through the Romanian e-invoicing platform, the e-Factura.
Romania had been considering a phased implementation roll-out of B2B e-invoicing across the country. However, the Ministry of Finance has confirmed that rather than phased implementation, B2B e-invoicing will instead impact all affected entities concurrently, in 2024.
Romania is a compliant territory for Tungsten Network and we are assessing how we can support our suppliers and buyers in Romania once further details of the proposed mandate are available.
We are also acutely aware of the VAT in the Digital Age (ViDA) proposal published by the European Commission in December. This has significant limitations relating to the e-invoicing model countries can deploy, particularly in respect of clearance models. We are monitoring Romania’s plan to accommodate an e-invoicing model that is in line with the ViDA proposals.
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Browse Romania updates
Use and operation of RO e-Transport System
- Mandate information
Changes to procedure for use of RO e-Invoice
- Mandate information
Delay for proposed universal B2B e-invoicing mandate
- Mandate information
Changes to VAT rates in 2023
- VAT/G(S)ST rate information
Proposed tax rate changes
- VAT/G(S)ST rate information
e-Transport system
- Mandate information
Extension of reverse charge on specific supplies
- Country updates
Potential upcoming VAT changes
- VAT/G(S)ST rate information
Extension of reverse charge mechanism
- Country updates
Potential for mandatory e-invoicing for all B2B transactions
- Country updates
Extension of VAT-exemption for imports of goods to combat Covid-19
- VAT/G(S)ST rate information
Donations of goods and services to Ukrainian people free of VAT
- VAT/G(S)ST rate information
Proposal of e-transport
- Mandate information
Virtual Private Space (VPS) – mandatory for taxpayers
- Mandate information
Obligation for retail stores to use e-invoicing for high-risk fiscal products
- Mandate information
New legal provisions for e-invoicing published
- Mandate information
Status update on B2G & B2B e-invoicing
- Mandate information
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