VATID

The companies that have a valid Romanian VAT ID number (in Romania are subject to VAT) no longer have to make an entry in the register of intra-Community operators (ROI). The Romanian VAT ID no. is automatically valid in the EU’s intra-Community trade in goods and services.

The extremely complex preparation of form 088 for registration as a company subject to VAT is no longer necessary.

Source: Tax Office Regulation No. 210 / January 13, 2017

Conclusion: these are particularly good and important changes. They eliminate a lot of red tape and unnecessary expenses.

Date: Jan 31, 2017

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