Romania has issued new guidelines for taxpayers regarding the implementation of the latest e-invoicing and e-reporting requirements. See the guidelines under the link.

Timeline Starting in January 2024, Romanian businesses registered for VAT are required to adhere to e-reporting regulations. From April 2024 onwards, failure to comply will result in fines ranging from 1,000 to 10,000 LEI (approximately EUR 200 to EUR 2,000).

Impact Romania has released guidelines for taxpayers regarding the adoption of new e-invoicing and e-reporting regulations. Key points include:

1. The guidelines specify that non-resident taxpayers registered for VAT are subject to e-reporting obligations starting January 1, 2024. This applies to both non-residents and residents involved in B2B transactions for goods and services delivered or provided in Romania, requiring them to report all related invoices.

2. The definition of an e-invoice is clarified as exclusively an XML file compliant with the European standard EN 16931 and Romania’s specific requirements (RO-CIUS). Consequently, PDF files will no longer be recognized as valid e-invoices for tax purposes.

3. Guidance is provided on how to request e-invoices after their 60-day archival period in tax authority systems. Taxpayers can obtain previous invoices by submitting a request to the tax authority, which must include details like the Invoice ID, date, and names of the seller and buyer.