Tag: VAT

It’s official: VAT and tax increases for 2025 – 2026 have been published – Law 141/2025

VAT TAX

Law No. 141/2025, recently published in the Official Gazette, brings significant changes in the areas of social contributions, VAT and taxes, excise duties, with a direct impact on both the business environment and individuals. These measures aim to increase budget revenues and fiscal consolidation, but come with an additional financial burden for taxpayers. Below is a structured presentation of the main changes. 1.Tax – Additional tax for banks: credit institutions – Romanian legal entities and Romanian branches of foreign credit…

Automatic VAT registration: what’s new in 2025?

start up

What is Automatic VAT registration? VAT registration is usually a voluntary or compulsory process when certain thresholds or conditions are met (e.g. exceeding the 300,000 lei threshold). However, in certain situations, ANAF may decide to register a taxpayer ex officio – without the taxpayer’s request. This procedure is applied, for example, when the taxpayer has behaviours that indicate that registration is mandatory, but refuses or intentionally avoids this step. What is new in ANAF Order 7032/2024? The key change introduced…