RO e-Invoicing System

published on 31 October 2023 | reading time approx. 2 minute

Law no. 296/2023 on fiscal-budgetary measures (the "Law") was published in the Official Gazette of Romania on 27.10.2023. Please find below a summary of the provisions of this Law that exclusively concern the RO e-Invoicing system.

Main Provisions regarding the RO e-Invoicing System

Between 1st of January 2024 and 30th June 2024, taxable persons in Romania, registered or not for VAT purposes in Romania, are required to submit the invoices through the RO e-Invoicing system for B2B transactions/public institutions (other than B2G), which have the place of delivery on the Romanian territory, regardless of whether the recipients are registered in the RO e-Invoicing Register or not.
Furthermore, starting from 1st of January 2024, non-established taxable persons registered for VAT purposes in Romania are required to submit the invoices through the RO e-Invoicing system for B2B transactions which have the place of delivery on the Romanian territory, regardless of whether the recipients are registered in the RO e-Invoicing Register or not.
An exemption from the above-mentioned regulation is provided for the exports of goods made by the supplier or by another person on his behalf, as well as for intra-Community deliveries of goods performed in Romania.
The aforementioned suppliers are required to send the invoices to the recipients in accordance with the Tax Code, unless both the supplier/provider and the recipient are registered in the RO e-Invoicing Register.
The deadline for submitting the invoices through the RO e-Invoicing system is 5 working days from the date of issuing the invoice, but not later than 5 working days from the deadline provided for issuing the invoice.
Starting from 1st of April 2024, a failure to comply with the above-mentioned provisions is sanctioned with a fine ranging from RON 1,000 to RON 10,000, depending on the taxpayer category.
Starting with 1st of July 2024, the receipt and registration made by the recipients, taxable persons established in Romania, for the invoices issued by economic operators established in Romania for B2B transactions, using any other channel other than RO e-Invoicing, will be sanctioned with a fine equal to the VAT amount stipulated on the relevant invoices.

Preliminary Conclusions of Rödl & Partner’s Experts

RO e-Invoicing requires the tax authority to validate the correctness of the invoice before the electronic invoice can be considered valid.
From 2024, electronic invoices (RO e-Invoicing) are mandatory in B2B transactions.
Considering the high-volume of invoices to be received from suppliers and sent to customers by the fiscal body, as well as the significant investments to be made by several companies in order to comply with the new regulations, we strongly recommend all our Clients to initiate immediately the implementation of RO e-Invoicing.
Rödl & Partner Romania's experts can help you implement e-Invoicing not only from the perspective of an IT solution, but taking into account all financial-accounting aspects, tax implications as well as commercial ones.

Contact

Contact Person Picture

Liviu Plescan

Head of Accounting, CPA, Auditor, Tax Consultant

Partner

+40 21 98 05

Send inquiry