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Fiscal residence submission deadline for foreign companies
Foreign legal entities that have the effective management in Romania must fill in, by June 30, 2021, a questionnaire based... read more
The main amendments to the Fiscal Code which came into force on 1 January 2017
The facility of tax exemption on reinvested profits was extended indefinitely. Expenses for organizing and conducting technical education were added as... read more
Important tax changes starting August 1, 2025
Changes of taxes have been announced by the Government on 02.07.2025: 1. VAT – starting with August 1, 2025: - The reduced... read more
Review of the contraventions and fines provided by the Fiscal Procedure Code and Law of accountancy
Changes to the Fiscal Code – income tax exemption for reinvested profit
Emergency Government Ordinance no 19/2014 to amend Fiscal Code, was published into Official Gazette no 308/25.04.2014 Main amendments: Tax exempted profit can... read more
Labor Code is amended. Roughen sanctions to combat undeclared work
Emergency Governement Ordinance no. 53/2017 for amending the Labour Code no. 53/2003 was published in the Official Gazette no. 644/7.08.2017. The... read more
NAFA published a plan of measures to streamline revenue collection
This plan includes, inter-alia, the following actions: I. Simplifying Tax Administration Procedures to Support Voluntary Compliance: • reducing the number of forms... read more
Ordinance 8/2013 to modify the Fiscal Code
Minister of Public Finances Order no 35/2014 to amend Order no. 262/2007 for the approval of taxpayers registration forms, was... read more
Construction tax is decreased to 1%
Law no. 11/2015 approving Emergency Government Ordinance no. 102/2013 amending Law no. 571/2003 regarding the Fiscal Code, was published into... read more

