The Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS) has established a clear procedure for verifying the eligibility of…
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Application of the VAT Cash Accounting System
The VAT cash accounting system is an optional fiscal mechanism under which VAT becomes chargeable when the consideration for the…
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Technical Rules 2025 – VAT Deferral Certificate (Customs Decision System)
The Official Gazette no. 1054/17.11.2025 published the Order of the Romanian Customs Authority no. 3168/2025, approving the Technical Rules for…
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The Micro-Enterprise in 2026 – Key Aspects
Starting in 2026, significant changes will affect micro-enterprises, especially through a new turnover threshold. A micro-enterprise will be defined as…
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Register of Beneficiaries of Digital Training Programmes
The Official Gazette no. 994 of 29 October 2025 published Order M.E.D.A.T. no. 2147/17 October 2025, establishing the format of…
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Rules for Streamlining the Payment of Contravention Fines
The Romanian Government adopted, through Government Decision No. 923 of 30 October 2025, published in the Official Gazette No. 1014/3…
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Why Are There So Many “No Smoking” Signs Near Fuel Stations?
“No Smoking” signs placed in fuel stations, near storage tanks or tanker trucks, are not just routine warnings. They exist…
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VAT on Collection – A Tool for Better Cash Flow Management
The VAT on collection system is an important fiscal mechanism designed to help small and medium-sized enterprises (SMEs) by allowing…
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Car Repair Services Provided to Foreign Clients – VAT Treatment
Case description A Romanian company (CAEN 4520, 4532) performing car repairs and selling auto parts provides repair services in Romania…
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Taxation of Cryptocurrencies – Temporary Income Tax Exemption Removed
Individual investors who earn profits from cryptocurrency transactions will no longer benefit from the temporary income tax exemption, as the…
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