Romania raises VAT registration threshold for resident firms

31 October 2017

From 1 January 2018, the Romanian government will increase the country’s VAT registration threshold from RON 220,000 to RON 300,000 (approx. £42k to £58k).

This registration threshold only applies to resident companies, as non-resident companies must immediately VAT register if they are undertaking taxable sales in Romania.

LATEST NEWS

Several member states are proposing the introduction...

Several EU countries, including Belgium, France, the Netherlands, and Romania, are proposing the introduction of a national handling fee on low‑value...

SEE MORE
VAT news
LATEST NEWS

Reminder: Bulgaria joined the Eurozone on 1 January...

From 1 January 2026, Bulgaria has adopted the euro as its official currency. The country has been preparing for this transition since joining the European...

SEE MORE
VAT news
LATEST NEWS

EU to remove the customs duty exemption for “low...

Currently, imports valued at €150 or below can be imported duty free into the EU. However, the European Union has reached an agreement to abolish this...

SEE MORE
VAT news

Gated Content

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