The Romanian government has decided to raise the national VAT exemption threshold for small businesses from 300,000 lei to 395,000 lei, starting from September 1, 2025. The measure, which aligns with European Union legislation, allows companies with a turnover below this threshold to benefit from the special VAT exemption regime. Companies can opt for the normal taxation regime, and taxable persons exceeding the threshold must register for VAT purposes.
Sources
Latest News
22:05
The Court of Cassation of France rejects the appeal of Paul of Romania and approves his handover to Romania
21:51
Ilie Bolojan, call to Romanians to reduce energy consumption during peak hours after the shutdown of the reactors at Cernavodă
21:33
Bucharest City Hall: 66 blocks in Aviației and Dorobanți will have hot water through a new pipeline
21:13
Two firefighters died in the wildfires in Crete. Several localities have been evacuated.
20:59
The second auction for the sale of the Mangalia Shipyard has ended without bidders.
See more news