Situation:
A Romanian company, not registered for VAT, provides legal consultancy services and exceeds the threshold of 300,000 RON in August 2025 after issuing an invoice of 35,000 RON to a Romanian client. The question is: what is the registration procedure for becoming a VAT payer?
Legal framework:
- According to Article 310 (6) of the Fiscal Code, any taxable person exceeding the exemption threshold must apply for VAT registration under Article 316 within 10 days from exceeding the threshold.
- The date of exceeding is considered to be the first day of the following month.
- The exemption regime applies until the effective VAT registration date.
Registration process:
- VAT registration is performed through Form 700, submitted exclusively online via the ANAF portal.
- Form 700 is used for:
- VAT registration after exceeding the threshold (Art. 316 (1)(b)),
- changes to VAT fiscal status,
- deregistration from VAT.
- The tax authority issues a VAT Registration Certificate, stating the date of registration and the assigned VAT number.
Additional aspects:
- At registration, the company must declare its recalculated annual turnover (Article 322 (4) Fiscal Code).
- If the recalculated turnover exceeds 100,000 EUR (at the NBR exchange rate of the previous year), the fiscal period will be monthly.
- If it does not exceed this threshold, the fiscal period will be quarterly, unless intra-Community acquisitions have already been made before VAT registration.
Conclusion:
- The company must file Form 700 within 10 days, online via ANAF.
- The exemption regime ends on the effective VAT registration date.
- The fiscal period (monthly or quarterly) depends on the recalculated annual turnover.
- Registration is valid from the date of issuance of the VAT Certificate.