Tax Alert Emergency Ordinance (OUG) 8/2026 to approve actions for Economic Recovery has entered into force The main provisions in the area of tax legislation are: A. CORPORATE INCOME TAX • An additional mechanism to stimulate investment in… Read more
Tax Alert The second package of fiscal measures has been published in the Official Gazette Emergency Ordinance No. 89/2025 introduces the following changes: Tax Law Amendments • The minimum turnover tax (applicable to companies with a turnover… Read more
Tax Alert The second package of fiscal measures has been published in the Official Gazette The main changes are: FISCAL PROCEDURE CODE ➢ New criteria are introduced for declaring taxpayers as inactive: • the taxpayer does not… Read more
Tax Alert Change in VAT ceiling and registration procedure On 29.08.2025 was published in the Official Gazette the Ordinance 22/2025 that brings important changes in the field of VAT, namely the… Read more
Tax Alert Accounting reporting as of 30.06.2025 It was published the Order no. 1194/2025 issued by the Ministry of Finance, in the Official Gazette no. 730 of August 5,… Read more
Tax Alert Information regarding the change in the VAT rate: increase from 19% to 21% Starting August 1, 2025, Romania’s standard VAT rate will increase from 19% to 21%, under Law No. 141/2025, published in the Official… Read more