04.28.22
Obligation for retail stores to use e-invoicing for high-risk fiscal products
At the start of the year, we communicated that Romania would mandate e-invoicing for B2B transactions which related to ‘high risk fiscal products’. This obligation now extends to retail stores in Romania.
This means that if customers request invoices, these will now have to be issued through the RO e-Factura system, if the transaction involves a high-risk fiscal product.
The extension of taxpayers now subject to the mandatory e-invoicing requirement relating to high-risk fiscal products demonstrate Romania’s motivation to oversee more tax transactions and reduce tax fraud further in the country.
Compliance is complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?
Browse Romania updates
Extension of reverse charge mechanism
- Country updates
Potential for mandatory e-invoicing for all B2B transactions
- Country updates
Extension of VAT-exemption for imports of goods to combat Covid-19
- VAT/G(S)ST rate information
Donations of goods and services to Ukrainian people free of VAT
- VAT/G(S)ST rate information
Proposal of e-transport
- Mandate information
Virtual Private Space (VPS) – mandatory for taxpayers
- Mandate information
Obligation for retail stores to use e-invoicing for high-risk fiscal products
- Mandate information
New legal provisions for e-invoicing published
- Mandate information
Status update on B2G & B2B e-invoicing
- Mandate information
Implementation SAF-T as from 1 January 2022
- Country updates
Jumping on the bandwagon?
- Country updates
Romania implements VAT Split Payment
- Mandate information
Schedule a free consultation
Let us show you how we can support your business to send 100% compliant e-invoices in 54 countries. Please provide your details and one of our team will be in touch.