The amendments to Romania's legislation regarding e-invoicing, e-transport, and e-VAT have been formally enacted via Government Emergency Ordinance (GEO) no. 138, which was published on December 4, 2024.
This ordinance primarily aligns with the stipulations presented in the draft GEO. Significant updates comprise:
E-invoicing
As of January 2025, simplified invoices will be included in the mandatory e-invoicing and reporting requirements. It is specified that for mandatory B2B e-invoicing among registered taxpayers, transactions with a place of supply outside Romania are exempt from this requirement. In B2C transactions where the consumer does not supply a VAT ID, e-invoices must utilize a 13-digit placeholder of zeros instead of the beneficiary's VAT ID.
E-Transport
Entities holding Authorized Economic Operator (AEO) status will receive an extended grace period regarding penalties for failing to comply with the mandatory reporting requirements of international transport within the e-transport system. Consequently, penalties will be enforced beginning March 31, 2025.
E-VAT
The compliance notification mandated by the e-VAT regulations, along with the associated penalties, has been deferred to July 2025. Initially set to commence on January 1, 2025, the rollout of the e-VAT system and its penalties will now take place in July 2025. This system requires tax authorities to generate pre-filled VAT returns using data obtained from sources such as e-invoices, e-transport documents, and SAF-T records. Should a taxpayer's VAT declaration differ from the information in the pre-filled return, they will receive a notification from the ANAF and may face penalties.
The Ministry of Finance in Romania has presented proposals to enhance fiscal oversight, particularly regarding transactions currently exempt from reporting. The proposed amendments underscore the government's commitment to modernizing tax compliance and addressing the practical challenges businesses face. An update to the technical documentation of the e-Factura system is anticipated soon, which will offer additional clarity regarding these modifications.
How Can KGT Support You?
KGT has created an SAP-integrated e-invoicing add-on solution for Romania, featuring outbound and inbound functionalities to meet tax reporting requirements. This add-on includes a data extractor and a cockpit for generating periodic electronic invoices in the legal format and controls before submission. When SAP DRC launched a Romanian e-invoicing solution as part of its e-document offerings, KGT emerged as a leading consultancy firm for SAP DRC and tax services. Recognized as an SAP DRC partner for Romanian e-invoicing services, KGT is one of SAP's recommended implementation partners for this solution. We provide comprehensive support, including installation, configuration, customization, and training, to help you maximize the long-term value of your SAP DRC investment.
KGT is a SAP partner for PE services and SAP Build partner, and to become an SAP partner, strict due diligence requirements must be met, including having certified SAP consultants. You can find us at: https://partnerfinder.sap.com/profile/0001925409
