Romania confirms the introduction of a Standard Audit File (SAF-T) for large taxpayers from January 2022

26 October 2021

The Romanian tax authorities have confirmed that it is now on track to introduce a mandatory SAF-T by 1 January 2022. The SAF-T file, which is a way for the tax authorities to exchange VAT data with businesses in a more secure, accurate and efficient way, will be mandatory for all VAT registered businesses.

These files are already in use in several EU countries including, Austria, France, Lithuania, Luxembourg, Poland and Portugal. Hungary is also planning to introduce SAF-T in 2021.

Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.

We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.

Get in touch

Let us solve your current business VAT challenges

CONTACT US
LATEST NEWS

Sri Lanka proposing to apply VAT on e-services for...

The Inland Revenue Department in Sri Lanka is proposing to introduce VAT on the supplies of electronic services by non-resident companies. Currently, foreign...

SEE MORE
VAT news
LATEST NEWS

Finland reproposes revision of reduced VAT rates

The Finnish government has reproposed classifications of its reduced VAT-rated supplies in its 2024 budget proposals. It has proposed:  A VAT rate rise from...

SEE MORE
VAT news
LATEST NEWS

Spain extends zero VAT rating on essential food items...

The Spanish government confirmed it will continue to apply the temporary zero rate of VAT to basic foodstuffs up until at least 30 June 2024. The temporary...

SEE MORE
VAT news

Gated Content

The following email providers are not accepted: gmail, hotmail, yahoo. Please use proper company email.