18-month deadline to update NACE codes

On 25 March 2025, Government Decision no. 284/2025 entered into force, amending Government Decision no. 656/1997 on the approval of the Classification of Activities in the National Economy (“CAEN”, English: “NACE”), which established an implementation period of 18 months for updating the CAEN codes.

Key points:

• The deadline for updating the object of activity in the trade register according to NACE Rev. 3 (revised version of the Classification of Activities in the National Economy, approved by Order of the President of the National Institute of Statistics no. 377/17.04.2024) becomes 18 months as of 25 March 2025, the date of publication of the Decision in the Official Gazette of Romania, Part I, no. 257/25.03.2025.
• During this period, both the revised and previous version of the NACE codes are recognised and accepted in interactions with public authorities and institutions.
• Both versions are also recognised and accepted in interactions with other natural or legal persons.

Source: Government Decision no. 284/2025 amending Government Decision no. 656/1997 on the approval of the Classification of Activities in the National Economy