On July 27, 2023, Decision (EU) 2023/1553 of the Council, dated July 25, 2023, was published in Official Journal of the European Union No. L 188. This decision authorizes Romania to implement a special derogation measure from Articles 218 and 232 of Directive 2006/112/EC regarding the common value-added tax system.

This decision allows Romania to enforce mandatory electronic invoicing for all transactions between taxable entities within Romania, starting from January 1, 2024.

Companies established in Romania for VAT purposes, whether registered for VAT purposes or not, should, as of January 1, 2024, send their invoices via the national electronic invoicing system, known as “RO e-Factura.”

Taxpayers will need to implement their electronic invoicing process, adapt and integrate new IT applications for processing and sending invoices in the format indicated by the National Agency for Fiscal Administration (ANAF). Therefore, it is imperative for them to promptly identify suitable IT solutions for their business model.

Hence, we recommend that all taxpayers begin preparing for the implementation of e-Invoicing to ensure compliance with this new obligation. They should review existing information in their internal IT systems, address any issues related to the required information, and identify the most appropriate solutions for extracting, translating/mapping information, generating, transmitting, and receiving XML files for invoices (both sales and purchase invoices).

Our team of consultants, which includes tax and accounting experts, as well as IT specialists, offers solutions for implementing e-Invoicing to support the needs and specific requirements of your company.