For domestic entities, VAT registration is mandatory when annual turnover of EUR 88,500 (RON 300,000) is exceeded. Below this threshold, voluntary registration is possible. However, if the entity makes EU goods acquisition of over RON 34,000, it must obtain a normal VAT code or special VAT code, even if RON 300,000 annual turnover is not exceeded.
For foreign businesses trading in Romania that are VAT registered in their home countries, there is no threshold for registration. A non-resident taxable person must register for VAT purposes in Romania before commencing taxable business transactions.
For distance selling, the threshold is EUR 35,000 (RON 118,000).
For VAT registration, EU-based businesses are required to submit the following information:
- Excerpt from company’s national trade register
- VAT certificate when the company is registered for VAT in other EU member state, or a letter from the home-state tax office confirming VAT registration in that country
- Proof that the business will carry out transactions within the scope of VAT in Romania, e.g. sales or orders.