V.A.T. Registration
I need to register a V.A.T. in Romania, how I have to proceed?
According to the Tax Code, the taxable person who has established their business in Romania and made or intends to undertake an economic activity involving taxable transactions exempted from value added tax with rights to deductibility and / or operations resulting from economic activities for which the place of delivery / provision shall be deemed to be abroad, if the tax would be deductible, in the case that these operations were carried out in Romania, must apply for registration for VAT purposes in 2022 to the tax authorities, as follows:
a) previous to the operations, if:
he/she declares that will achieve a turnover that meets or exceeds the exemption threshold of 300,000 lei;
he declares that they shall obtain a turnover below the exemption threshold of 300,000 lei, but opts to apply the normal tax regime;
b) when during a calendar year, it equals or exceeds the exemption threshold of 300,000 lei – within 10 days after the month in which equaled or exceeded that ceiling;
c) when the turnover achieved during a calendar year is less than the exemption threshold of 300,000 lei, but opts to apply the normal tax regime;
d) when it carries out tax exemption operations and opts to tax these operations according to art. 141 para. (3) of the Tax Code.
A taxable person who has established his business outside Romania but is established through a fixed registered office, must apply for registration for VAT purposes under the terms of the Tax Code. Our lawyers in Romania can help you obtain a Romania VAT number in 2022 for your company.
