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
09:08
Jay Clayton is the new director of the National Security Service of the USA, confirmed by the American Senate
08:44
The president of Vulturii Fărcășești, the first reaction after the sanctions from the match-fixing case
08:35
Fatal accident on DN 13 A, in Harghita County: a man died, and two other people were injured / A SMURD helicopter was requested
08:15
Drone attack in Ryazan, Russia: Industrial facilities caught fire / Governor Pavel Malkov reported six people injured
08:15
Russia reacts after the downing of drones in Romania. Russia calls the downing of the drones "staged incidents" and threatens Romania.
See more news