Foreign legal entities seeking to establish tax residence in Romania based on a place of effective management must complete a questionnaire

The Romanian tax authorities have recently enacted legislative changes concerning advance pricing agreements (APAs), with the aim of enhancing the regulatory framework and supporting tax compliance.

The Emergency Ordinance No. 13 dated as at the 24th of February 2021, amending and supplementing Law No. 227/2015 on the Fiscal Code and Accounting Law No. 82/1991...

The Fiscal Authority (FISC) of Romania receives information on the persons who have opened accounts at the banks and financial institutions in Romania and are doing transactions using them.

On December 31, 2024, Emergency Ordinance no. 156/2024 was published in the Official Gazette, bringing notable changes to Romania's fiscal framework for 2025.

It is an inevitable fact that a wide range of companies will face difficult financial times as a result of the current crisis. This is where we, Eurofast, can step in with tailor-made solutions.

February 2026 – At the beginning of 2026, we informed you about a significant tax reform enacted by the Romanian legislature...

As described in our previous newsletter in September 2024, profit taxpayers and microenterprise income tax taxpayers in Romania benefit from a 3% discount of their annual profit/income...

Romania recently implemented the EU Directive in its tax legislation.

Project Iceberg, launched at the beginning of this year by the Romanian tax authorities, is a giant nationwide operation to be implemented throughout 2019.

The reverse charge mechanism is a means by which, in certain circumstances, the liability to charge VAT on a particular transaction shifts from the supplier to the beneficiary. In most of the cases, this liability arises at the same time as the beneficiary’s right to claim input VAT credit for the same amount of VAT.

On 4 April 2025, Romania government Emergency Ordinance no. 21/2025 ("the GEO") was published and entered into force, introducing several important amendments...

On 30 December 2024, the Romanian government adopted Emergency Ordinance no. 156/2024 ("the GEO") regulating a series of important fiscal changes...

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

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

A legislative project applicable as of January 2024 challenges the tax system in Romania. Its aftershocks seem to be tangible for businesses and individuals. First and foremost, the project targets at micro SRLs...

A two-and-a-half-year deadlock impeding the sale of Romanian farmland located outside buildable areas and acquired less than eight years ago seems to have been finally cleared.

Order 827/2026 issued by Romania’s National Agency for Fiscal Administration (ANAF) approves a new procedure—including detailed application requirements—for issuing and amending Advance Pricing Agreements (APAs).

Once the restrictions are lifted, however, we expect not only tax audits to be resumed, but in fact expanded.

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...