Recent VAT changes

Registration procedure for VAT purposes in the case of taxable persons with their place of business in Romania 

An Order has been published introducing new rules regarding the registration procedure for VAT purposes for taxable persons established in Romania. Under the new procedure, further to the taxable persons’ request and supporting documents provided, the National Authority for Fiscal Administration will issue a decision approving or rejecting the registration request. An order will be published containing the required information to be submitted with the tax authorities for VAT registration purposes.

Source: Order no. 1967/2011 of the President of the National Authority for Fiscal Administration published in the Official Gazette of Romania no. 271/18.04.2011.