Romanian VAT Returns

In the realm of fiscal compliance, understanding the complexities of the Value-Added Tax (VAT) return system is crucial, especially in a diverse economic landscape such as Romania.

The Romanian VAT return system is laden with specific rules and stringent deadlines that directly impact businesses and their operations within the country. The intricate details, from the frequency of VAT returns to the penalties imposed for non-compliance, are essential to grasp for any business aiming to maintain their financial integrity.

As we unpack the nuances of this system, it becomes evident that the Romanian VAT return process is not just a compliance requirement, but a strategic element that can significantly influence a company’s bottom line.

Key Takeaways

  • The default VAT return period in Romania is one month, but businesses with annual turnover below EUR100,000 may submit quarterly returns.
  • Intra-Community acquisitions require monthly VAT returns.
  • Medium and large businesses must file VAT returns electronically.
  • Penalties for late or inaccurate VAT returns can reach up to RON 5000.


Navigating the intricacies of Romanian VAT returns can prove to be a complex task for businesses. This overview will focus on key aspects of VAT regulations in Romania and provide essential advice for VAT compliance.

The aim is to equip businesses with accurate information and guidance for efficient management of their VAT responsibilities.

Key Romanian VAT Aspects

In understanding the key aspects of Romanian VAT, one must note that VAT returns are predominantly filed on a monthly basis. However, businesses with an annual turnover below EUR 100,000 have the option to file quarterly.

The Romanian tax authorities require that any taxable person register for VAT. VAT rates apply to taxable supplies, and businesses in Romania must adhere strictly to VAT obligations. The Value Added Tax (VAT) process is meticulously followed in VAT registered businesses.

Essential VAT Compliance Advice

Building on an understanding of the key aspects of Romanian VAT, it is crucial to explore the essential advice for VAT compliance, as this can significantly impact a business’s financial obligations and operations.

Businesses should accurately file VAT returns monthly or quarterly, understand which goods and services are taxable, and consult with VAT experts to navigate complex VAT legislation.

Timely compliance with VAT in Romania is paramount.

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Frequently Asked Questions

How Do I Get My VAT Refund in Romania?

To obtain a VAT refund in Romania, one must submit a VAT return detailing the surplus of input VAT over output VAT. If the credit exceeds RON 5000, a refund is issued, subject to a possible VAT inspection.

How Does VAT Work in Romania?

In Romania, VAT operates on a monthly or quarterly filing system. Companies can offset output VAT with input VAT, excluding certain items. Filing deadlines are strict with potential penalties for late or inaccurate submissions.

What Is the Current VAT in Romania?

The current standard Value Added Tax (VAT) rate in Romania is 19%. However, reduced VAT rates of 9% and 5% apply to certain qualifying goods and services, as specified by Romanian tax regulations.

What Is the VAT Returns?

VAT returns are official documents submitted by businesses to tax authorities, detailing the amount of VAT they have charged customers and the amount they have paid on purchases. It’s essential for calculating net VAT liabilities.


In conclusion, adherence to the Romanian VAT return system is crucial for businesses operating in the country.

With strict deadlines and potential penalties for non-compliance, a thorough understanding of the rules, including electronic filing requirements and the possibility of offsetting deductible VAT, is imperative.

Furthermore, businesses must accurately navigate the intricacies of VAT credit recovery and potential inspections, and consistently provide a comprehensive National Recapitulative Statement.

Barry Caldwell

Barry Caldwell

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