Updated by Florentina Susnea, PKF Finconta SRL
Key data (Romania)
Information up to date as at 1 March 2024.
| A. VAT registration and deregistration thresholds |
| VAT registration | RON 300,000 |
| Distance selling of goods and BTE services, for EU established businesses only | €10,000 |
| Relevant acquisitions | RON 34,000 |
|
| B. VAT rates |
| Standard rate | 19% |
| Reduced rates | 9%, 5% |
| Zero rate (exempt with the right to deduct) | 0% |
|
| C. VAT return filing periods |
| Turnover less than €100,000 | Quarterly |
| Turnover exceeding €100,000 | Monthly |
| Note: The €/RON exchange rate is the exchange rate published by the NBR at 31 December of the previous year. |
|
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Web page updated on 24 Aug 2024 13:46