There is a specific procedure to dispute an electronic invoice (E-invoice) submitted in the Virtual Private Space (SPV).Procedure for Disputing an Electronic Invoice (E-Invoice)1. Invoice Identification : In the notification message, the invoice recipient must clearly identify the invoice being ...

• Read article

Since July 1, 2024, all Romanian companies must use a system called "e-Invoice" to issue and manage their invoices in their dealings with partners in Romania. Issuance: The invoice is created on a computer and electronically signed with the digital certificate issued by an ...

• Read article

The RO e-Transport system is a digital platform used to control the transportation of goods in Romania. This system allows for the tracking of goods, ensuring that all transports comply with Romanian fiscal and commercial laws. As such, this system also applies to foreign companies transporting ...

• Read article

Romania joined the European Union in 2007, has revised some of its standards and offers a comprehensive tax system compliant with the various EU directives in force. The corporate tax rate in force in 2016 is 16% (since January 1, 2005). For the time being, there is no additional tax such as ...

• Read article

The profit tax rate (IS) is of 16%. Dividend distributions are taxed at a rate of 8%. It should be noted that, under double tax treaties signed with many European countries, this withholding may represent a tax credit imputable to the amount of tax owed by the shareholder or partner in his ...

• Read article

Companies that have had an annual income of less than 500,000 EUR (equivalent to 2,500,000 RON) have the option of opting for the micro-enterprise tax regime in place of corporate tax (1) . The company can opt for the micro-company regime provided that: it achieves a turnover of less than ...

• Read article