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In a world where careers often move at lightning speed, finding someone who has dedicated two decades to a single... read more
Emergency Ordinance (OUG) 8/2026 to approve actions for Economic Recovery has entered into force
The main provisions in the area of tax legislation are: A. CORPORATE INCOME TAX • An additional mechanism to stimulate investment in... read more
The second package of fiscal measures has been published in the Official Gazette
Emergency Ordinance No. 89/2025 introduces the following changes: Tax Law Amendments • The minimum turnover tax (applicable to companies with a turnover... read more
The second package of fiscal measures has been published in the Official Gazette
The main changes are: FISCAL PROCEDURE CODE ➢ New criteria are introduced for declaring taxpayers as inactive: • the taxpayer does not have... read more
Change in VAT ceiling and registration procedure
On 29.08.2025 was published in the Official Gazette the Ordinance 22/2025 that brings important changes in the field of VAT,... read more
Accounting reporting as of 30.06.2025
It was published the Order no. 1194/2025 issued by the Ministry of Finance, in the Official Gazette no. 730 of... read more
Information regarding the change in the VAT rate: increase from 19% to 21%
Starting August 1, 2025, Romania’s standard VAT rate will increase from 19% to 21%, under Law No. 141/2025, published in... 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