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

Oman introduces VAT from April 2021

In April 2021, Oman became the fourth member of the Gulf Arab states to implement a regional VAT regime.  Oman is part of the six-country Gulf Cooperation...

SEE MORE
LATEST NEWS

German IOSS portal to miss EU e-commerce VAT package...

The German portal to support the EU’s Import One-Stop-Shop (IOSS), will not be ready for the launch of the EU’s e-commerce VAT package on 1 July...

SEE MORE
LATEST NEWS

Canada - British Columbia PST applied on digital...

From April 2021, the Canadian province of British Columbia imposed Provincial Sales Tax (PST) at 7% on income earned by non-resident providers of e-services...

SEE MORE

Gated Content

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