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A new year has begun, and the build-up of tax responsibilities and pressure has peaked and is now close...

From 1 October 2017, Romanian taxpayers registered for VAT purposes can choose to apply the VAT split payment system. It becomes mandatory as of January 2018.

Since the beginning of 2015, a number of legislative changes were enforced regarding the VAT registration of Romanian companies established in accordance with Company Law no. 31/1990.

Subject to certain conditions, public and private companies having outstanding tax liabilities as of 31 December 2018 equal to or higher than RON 1 million may benefit

There will be a significant number of tax changes in Romania in 2023. While companies may welcome some of them, others will bring them additional tax costs this year or next.

The most notable change in the fiscal environment in 2017 so far has been the VAT rate. It has decreased three times in the past 18 months, most recently in January when it reduced to 19%.

Romania has introduced major fiscal reforms for 2025 and 2026, impacting dividend taxation, VAT rates, excise duties, payroll compliance, and interest income reporting.

The applicable regulations contained no subjective evaluation criteria, as well as no transparent analysis procedures to be applied or followed by the fiscal authorities.

September 2025 – The Romanian government has adopted GEO No. 22/2025 introducing significant amendments to Romanian VAT legislation and directly affecting small enterprises and VAT registration procedures.

In response to the persistent issue of tax evasion, Romania has enacted Law no. 126/2024, published in the Official Gazette no. 437 on May 13, 2024.

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.

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.

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...

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...

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