Standard

20%

Reduced

9% and 5%

Other

Exempt without credit and exempt with credit

Romania VAT number format

Businesses in Romania that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Ministry of Public Finance, and will follow a certain format. The VAT number format is RO XXXXXX (the prefix is RO, but the number of digits may vary).

Romania VAT return periods

Businesses in Romania that are required to collect tax from consumers must file regular tax returns with the Ministry of Public Finance in Bucharest. Romania's VAT return periods are:

Monthly (quarterly, half-yearly or annually if granted special permission)

Romania Value-added tax (VAT) Thresholds

These are the revenue thresholds at which businesses in Romania are required to start collecting and remitting tax.

Registration

EUR65,000

Distance sales

EUR35,000

Recovery of VAT by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. In Romania, taxation of a non-established business is: Yes (under certain conditions)

Romania VAT Refunds

Many countries allow tourists, and others making purchases for export, to receive a VAT refund on exiting the country (or make purchases VAT free). While we don't have data on the Romania VAT refund program, more info can be obtained from the Ministry of Public Finance.