Romania — Value-added tax (VAT)
|General VAT Rate||Other Rates||Local Currency|
|20%||9%, 5%||Leu (RON)|
Romania's general VAT rate is 20%, with other rates including 9% and 5% that can apply to certain transactions. The Value-added tax (VAT) is administered by the Ministry of Public Finance (http://www.mfinante.ro) in Bucharest.
Romania has special reduced VAT rates on the following purchases:
9% reduced VAT rate on: hotels; cultural events; medicine; books and newspapers
5% reduced VAT rate on: real estate.
Romania's consumption tax is called the Value-added tax (VAT), locally known as Taxa pe valoarea adaugata, which was introduced in July 1993.
Yes (since 1 January 2007)
Romania VAT rates for 2023
- 9% and 5%
- 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.
- Distance sales
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.
Romania Tax Sources & Citations
- EN: Romania Value Added Tax
- RU: НДС
- CN: 增值税
- Romania Ministry of Public Finance (1)
- Ernst & Young global VAT tax study, Romania (updated 2023)
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