• VAT news
  • New VAT form and registration changes in Romania


    The Romanian authorities have updated the forms used to submit VAT returns and the forms of ECSL returns. The VAT return changes reflect the standard VAT rate update introduced last January 2017 .

    The new forms are available in the website of the Romanian tax authorities  . They are currently only available in Romanian, but please contact us if you would like to receive a translation of these forms.
     

    VAT registration changes

    In addition to the changes on VAT and ECSL forms, the Romanian authorities also updated the VAT registration process.

    As from 1 February 2017, businesses are no longer required...

    Read more
    By Marosa EU VAT Romania Published 26/02/2017 13:34

    Romanian VAT rate reduction upheld


    The recent elections results in Romania have raised doubts about the expected VAT rate decrease of 20 to 19 in 1 January 2017. However, our Romanian contact has recently confirm that these changes will go ahead as planned.

    In addition to the VAT rate update, Romania also announced plans to automatically cancel VAT registrations that have been inactive for a long period of time. Where a VAT number is automatically deregistered, input VAT deduction will not be allowed where such VAT was incurred during periods when the VAT registration was not active.

    Finally, the VIES registration will no longer be required...

    Read more
    By Marosa EU VAT Romania Published 30/12/2016 10:51

    Romania plans to reduce VAT rates


    The Romanian government plans to reduce the standard VAT rate from 20 to 19 . This is a continuation of the reduction introduced this year, when the VAT rate was reduced from 24 to 19 . It means Romania has gone from 24 to 19 in only 13 months.

    These plans may be challenged given the higher than expected government deficit and the upcoming elections in the country. In case there is a change in the government, the VAT rate decrease is likely to be postponed.

    VAT rates have been generally increased across Europe since the start of the economic downturn in 2008. Countries used Value Added Tax as one of their sources of revenue...

    Read more
    By Marosa EU VAT Romania Published 30/11/2016 19:43
    Icon home blog ca7b3ba01dfab1e0566929f5563f0e0cf92d499b0f0f8eb0a6391edf690700d7

    News

    Stay on top of all legislative changes in every European country. Our newsletter focuses on compliance practical matters. Subscribe now free of charge.


    Subscribe to our Newsletter


    About

    Icon divider short blue 9e69e640d27b9beed3775081159a67da2696a2522b67794358e861bc9bc7cc97

    Marosa provides a one-stop solution for VAT obligations in all European countries. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a standard and cost efficient approach.


    Recent articles

    Icon divider short blue 9e69e640d27b9beed3775081159a67da2696a2522b67794358e861bc9bc7cc97


    Tags

    Icon divider short blue 9e69e640d27b9beed3775081159a67da2696a2522b67794358e861bc9bc7cc97

    Austria Archiving Belarus Bulgaria Cyprus Estonia France Germany Greece Hungary Ireland Spain Financial services Belgium VAT rates e-commerce Italy Kosovo Latvia Lithuania Poland Serbia Slovakia Slovenia UK European Union Czech Republic Reverse charge Russia Switzerland Denmark Finland Portugal Norway Sweden Luxembourg The Netherlands Croatia Romania Iceland Malta