By way of a recent measure that has resulted in numerous debates and raised significant criticism, the Romanian Government has decided to change the country's VAT payment system.

For eligible investors, Romania has a number of attractive tax incentives that can reduce the overall tax burden or improve cash flows during the investment phase.

The categories of mandatory social contributions set by the Romanian Fiscal Code payable by employers and by employees in different proportions are reduced from six ...

Gelu Maravela, the Co-Managing Partner of Maravela⎪Asociatii, waives away the potential impact of politics on investment in the country.

In the past two weeks, Romanian authorities have introduced several procedural and legislative updates impacting tax compliance, VAT treatment, and international taxation.

On 6 September 2024, the Romanian government adopted Emergency Ordinance no. 107/2024 ("the GEO") regulating a nationwide tax amnesty generally aimed at cancelling late payment interest and penalties related...

Ordinance 79/2017 brought important updates to the Romanian Fiscal Code regarding corporate income tax, micro-enterprise income tax, personal income tax, statutory social contributions...

On 15 December 2025, the Romanian Parliament adopted Law no. 239, which will enter into force on 18 December 2025.

On August 4, 2022, Ordinance no. 18/2022 on the authorization and functioning of representative offices of foreign companies and economic organizations in Romania ("GO 18/2022")...

Foreign legal entities seeking to establish tax residence in Romania based on a place of effective management must complete a questionnaire published by the Romanian tax authorities on May 17 in Order no. 577.

The Romanian Government has recently passed a legislative package aimed at strengthening public finances and tightening corporate rules. Among the most important changes are those concerning...

New public bidding procedures have recently been published in SEAP (the Romanian Electronic System for Public Procurements). Below we highlight a number of high-value procurement procedures selected by our team...

The new rules are set out under Government Emergency Ordinance no. 114/2018,1 published in the Romanian Official Gazette no. 1116 dated December 29, 2018 (the Ordinance no. 114/2018).

Starting with December 10, 2021, the customs activity currently under the auspices of the National Tax Administration Agency ("ANAF") will be developed by the Romanian Customs Authority, founded by way of Law...

Romania is an attractive destination for foreign direct investors due to reduced tax rates and a highly-skilled and affordable workforce.

Romania is a place where you should focus next if your business or your clients need a holding structure.

Fiscal changes introduced in Romania this year include a reduced VAT rate, the elimination of R&D tax and the health contribution threshold.

Companies can mitigate the risks by having the TP file available before the tax authorities request it.

July 2025 – On 25 July 2025, the Romanian Parliament adopted Law 141/2025 regulating a series of important fiscal changes that will enter into force starting August 2025, as summarised below.

Aseries of amendments and additions to the Romanian Fiscal Code were made by way of GO no. 16/2022 in Romania impacting a wide range of entities.