Published in the Official Gazette No. 699 of July 25, 2025, Law No. 141/2025 introduces a comprehensive package of fiscal…
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e-VAT Penalties Effective from July and August 2025: What Taxpayers Need to Know
Starting July 1, 2025, the e-VAT system becomes fully operational, including the enforcement of penalties for most taxpayers in Romania.…
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Accounting Reporting System as of 30 June 2025 – Regulations
Through OMF No. 1194/2025, published in Official Gazette No. 730 of 5 August 2025, the framework for the Accounting Reporting…
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Amendments and Additions – Fiscal Code
On July 22, 2025, Law no. 138/2025 was published in the Official Gazette no. 685. It approves Government Emergency Ordinance…
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VAT Rate Change – Advance Payment Adjustment (Case Study)
Practical situation A company providing thermal boiler repair services collected a 100% advance payment in July 2025, invoiced with the…
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Amendments and Additions Regarding the Statutory Audit of Financial Statements
On July 22, 2025, the Law no. 137/2025 was published in the Official Gazette no. 685, approving Government Emergency Ordinance…
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Important Aspects of Unannounced Tax Audits
An unannounced tax audit (control inopinat) is conducted without prior notice, unlike a full tax inspection, which is usually planned…
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VAT Obligations – Intra-EU Service Acquisition (Case Study)
Case: A micro-enterprise in Romania, registered for quarterly VAT reporting, acquires artificial intelligence services from a company based in Dublin,…
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Tax Treatment of Protocol Expenses in Microenterprises (Case Study)
Situation: The sole associate of ABC SRL, a Romanian microenterprise, regularly orders food using platforms such as Glovo or Bolt.…
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