Big changes are on the horizon. Starting January 1, 2024, mandatory reporting of invoices for the first half of the year will begin, with no penalties for the initial three months. This applies to all taxpayers, even non-established ones with a Ro VAT ID. During this period, it’s about e-reporting, irrespective of invoice format.
The game-changer comes into play on July 1, 2024. From then on, e-invoicing via the Ro e-invoice system becomes obligatory for all B2B transactions involving Ro-established entities. Brace for these crucial tax technology shifts, ensuring your compliance for seamless operations. Stay tuned for more updates in this evolving landscape.
Effective date: July 1, 2024