RO e-Factura tax changes: when fines apply and what happens from 1 July

From 1 July, Romania applies new tax changes to the RO e-Factura system (the national e-invoicing system). They have a significant impact on companies. These changes aim to improve transparency and simplify tax procedures. They also bring some obligations and risks for businesses.

What is RO e-Factura?

RO e-Factura is an electronic invoicing system introduced by ANAF (National Agency for Fiscal Administration). Its purpose is to make it easier to report and monitor economic transactions. The system lets you issue, send and archive invoices in electronic format. This helps make sure the data is correct and available in real time.

Companies’ obligations

From 1 July, all companies that carry out economic activities in Romania must use RO e-Factura to invoice goods and services. This obligation applies to both B2B (business-to-business) and B2C (business-to-consumer) transactions.

Implementation and compliance

Companies must make sure they have the technical solutions needed to use RO e-Factura. ANAF provides a portal where companies can upload and check the invoices they issue. All invoices must be sent through this system to avoid penalties.

Applicable fines

From 1 July, not meeting the RO e-Factura obligations can lead to substantial fines. Penalties depend on how serious the breach is. They range from warnings and minor penalties to large fines for major non-compliance. The tax authorities will closely monitor how the system is implemented and used.

Benefits of using RO e-Factura

RO e-Factura brings several benefits for companies:

• Greater efficiency: less time and lower costs for processing invoices manually.
• Transparency: easy access to accurate, up-to-date data in real time.
• Compliance: legal and tax requirements are met.

Support and consultancy

To make the move to RO e-Factura easier, companies can use specialised consultancy services. Accounting experts can help with implementing the system and with complying with the new rules.

For more details about these changes and for personalised advice, contact us