Accounting
7
Min. Reading Time
The complexity and high implementation cost of SAF-T reporting. A major challenge for small businesses
As of 1 January 2025, SAF-T (Standard Audit File for Tax) reporting also becomes mandatory for small taxpayers in Romania, generating significant challenges ...
ESG
6
Min. Reading Time
Sustainability reporting will impose new business models on companies and affect access to finance
TPA Romania: “…in the coming period we expect banks to begin offering differential interest rates on ‘green’ loans.” Over 5,000 companies in Romania will ...
Tax Tip
2
Min. Reading Time
Key aspects of the law on the use of electronic signatures
Law no. 214/2024 on the use of electronic signatures, time-stamps and the provision of trust services was published on 8 July 2024 in the Official Gazette, P...
Press
6
Min. Reading Time
TPA Romania: the RO e-Transport system should be scrapped because it breaches international regulations
Bucharest, 4 July 2024: “The RO e-Transport system should be scrapped entirely or, at the very least, the legislation significantly amended such that the rep...
Tax Tip
3
Min. Reading Time
The pre-completed RO e-VAT return
The tax authorities have published an emergency ordinance introducing measures for the implementation and use of the pre-completed RO e-VAT return. The main ...
Tax Advisory
3
Min. Reading Time
New procedure relating to the RO e-Transport System and the postponement of fines for certain companies
I. Joint Order of the National Agency for Fiscal Administration and the Romanian Customs Authority no. 1,337/1,268/2024, approving the procedure for the use ...
Tax Tip
1
Min. Reading Time
Measures to prevent and combat aggressive capital market advertising techniques
Emergency Ordinance no. 71/2024 was published in Part I of the Official Gazette on 25 June 2024. The ordinance amends and supplements various normative acts ...
Tax Tip
3
Min. Reading Time
Latest news on the RO e-Invoice System
Emergency Ordinance no. 69/2024 published in the Official Gazette on 21 June 2024, introduces amendments regarding the electronic invoicing system. The le...
News
1
Min. Reading Time
Updating the Classification of Economic Activities in the National Economy
The National Institute of Statistics (INS) has, through Order no. 377 of 17.04.2024, formalised the third revision of the Classification of Economic Activiti...
Tax Tip
2
Min. Reading Time
Deepfake content reporting
Order no. 20721/2024 on the establishment of a single contact point for handling complaints about deepfake content was published in the Official Journal Part...
Tax Tip
2
Min. Reading Time
Combating Shrinkflation
On 15 May 2025, the National Authority for Consumer Protection (ANPC) initiated a public debate of a Draft Order of the President of the ANPC aimed at provid...
Tax Tip
2
Min. Reading Time
Amendments to the legal framework for combating tax evasion
The Romanian authorities have introduced new measures aimed at combating tax evasion. Out of the main amendments, we outline, for exemplification purposes th...
Business
5
Min. Reading Time
TPA Romania, a company specialised in accounting, audit, mergers and acquisitions, and tax and legal consultancy, announces office relocation in Bucharest and targets further expansion
Bucharest, 15 May 2024: TPA Romania, a leading company in Central and Eastern Europe, is expanding with a view to consolidating its income in 2024 from its o...
Tax Tip
4
Min. Reading Time
Latest news on the RO e-Transport System and amendments to the fiscal legislation
Amendments to the RO e-Transport System Government Emergency Ordinance no. 43/2024 on the amendment and supplementation of various normative acts and publ...
Tax Tip
3
Min. Reading Time
Contract Mechanism for Difference
The Government of Romania has, through Government Decision no. 318/2024, adopted the Contracts for Difference (“CfD”) mechanism, which grants operating aid f...
Tax Tip
2
Min. Reading Time
Developments in the prevention and combating of gender-based harassment and bullying in the workplace
The workplace harassment methodology was adopted last October, and employers have been given six months to implement the rules internally, meaning that from ...
2
Min. Reading Time
TPA Group provides tax advisory services to DB Schenker in 14 countries
Vienna – Since the beginning of the year, the internationally active consulting firm TPA has been providing services to the global logistics company DB Schen...
Tax Tip
2
Min. Reading Time
Legislative changes regarding the employment of foreign nationals in Romania
Emergency Ordinance no. 25/2024 amending and supplementing certain legal acts in the field of aliens and borders was published on 22 March 2024 in the Offici...
Tax Tip
2
Min. Reading Time
Formalisation of money laundering prevention rules for tax consultants and tax advisory companies
On 18 March 2024, Resolution no. 4 of 11 March 2024 of the Chamber of Tax Consultants was published in the Official Gazette. The Resolution contains the set ...
Tax Tip
1
Min. Reading Time
Amendments to the RO e-Invoice national system
The following amendments have been introduced to the RO e-Invoice national system: Failure to submit invoices via the RO e-Invoice system within the leg...
