CAEN Rev.3: What Entrepreneurs Need to Know in 2025

CAEN Rev.3 is the new classification of economic activities that came into effect on January 1, 2025. This update aligns CAEN codes with European standards and has a significant impact on how companies in Romania define their activities. Find out in this comprehensive guide what CAEN Rev.3 is, how it affects companies, and what you need to do to update your CAEN codes according to the new regulations.

1.What Is CAEN Rev. 3 and Why Is It Important?

CAEN Rev. 3 represents an update to the national system for classifying economic activities. This version:

• Introduces codes for new or digitized sectors;
• Redefines existing codes for greater clarity;
• Eliminates and merges outdated activities;

Like many recent legislative changes and provisions aimed at aligning us with European directives, this CAEN Rev.3 version is aligned with NACE Rev. 2.1 – the EU’s updated standard for the classification of economic activities.

2.What Impact Does CAEN Rev. 3 Have on Companies?

The implementation of CAEN Rev. 3 involves the following changes for companies:

1. Updating the incorporation documents;
2. Using the new codes in fiscal/statistical reporting;
3. Checking the new authorization requirements;
4. Potential impact on the tax regime (e.g., microenterprises);

3.How Are CAEN Codes Updated According to Rev. 3?

Although it may seem like a complicated procedure, in reality, to update, entrepreneurs need to follow these steps:

• Consult the official CAEN Rev. 3 list;
• Review the incorporation document and identify the need for amendments;
• Submit a request to the National Trade Register Office (ONRC) to amend the document;
• Inform the tax authority (ANAF) about the new codes in fiscal declarations;
• Consult an accountant or advisor if you have any uncertainties;

4.Why Is Adapting to CAEN Rev. 3 Beneficial?

✔️ Legal compliance: ensures your company avoids penalties;
✔️ More accurate reporting: precise data for ANAF and the National Institute of Statistics (INS);
✔️ Access to new business opportunities and funding.

5.Conclusion

CAEN Rev. 3 is a major update that must be taken seriously. All companies need to check whether their activity is correctly represented in the new classification. Adapting to the new codes is mandatory, and the process can be easily managed with the help of a professional accountant or consultant. It is also important to note that almost all tax declarations have already updated their formats to allow selection of whether the CAEN code is based on the old 2024 version or the new 2025 version – CAEN Rev. 3.

Not sure if your company is updated according to CAEN Rev. 3? Contact our team and we’ll help you with every step of the update process – from the Trade Register (ONRC) to the Tax Authority (ANAF)!

To stay up to date with the other changes impacting businesses starting in 2025, check out the rest of the articles published on our blog.

Later Update – 25.03.2025

By HG 284/2025 published on 25.03.2025, a deadline of 18 months from this date is set for updating the CAEN codes according to the Rev.3 version.