Following the draft legislative changes recently published by the Ministry of Finance, it was introduced the mandatory obligation of the e-Invoice system applied to all taxable persons carrying out activity on the territory of Romania. Thus, we would like to inform you that starting from January 1, 2024, your company is obliged to issue all invoices to taxable persons based in Romania and with whom it will carry out transactions on the territory of Romania in an electronic system (intra-community of goods/ rendering of services and exports are not subject to this obligation).
To facilitate the activity, we recommend issuing them using an updated invoices software system. The deadline for sending these invoices will be 5 days from the date of their issuance. In case of non-compliance with these provisions, fines between 1,000 lei and 10,000 lei will be applied.
We mention that any entity that will accept invoices from suppliers that will be issued by any other system than e-Invoice (on paper or pdf format) may be sanctioned with a fine equal to the amount of VAT from the invoice issued by the supplier. In order to comply with these provisions, we recommend purchasing a digital signature in the name of the person who will be responsible for issuing and uploading invoices to www.anaf.ro portal as soon as possible.
We are closely following the publication of the final legislative act and will return with further clarifications after its publication.
We are at your disposal for clarifications related to this sensitive subject.
Our team of professional is available for any clarifications or additional details required in your analysis. The above information represents just a summary of aspects we consider relevant in the recently published legislation. This is not exhaustive disclosure of information and it is not intended to be used as advice on any particular matter. We invite all readers to contact us for further clarification of any specific issue. Argus Audit team and its associates disclaim liability in any action taken by a third party in reliance exclusively on summarized information presented in our publications.