On June 18th, The Romanian Ministry of Finance published a Draft Order intended to expand the scope of the electronic invoicing mandate in the country to include B2C transactions.
In the context of electronic invoicing, B2C transactions are defined as occurring between a taxable entity established in Romania and a non-taxable person.
The implementation of B2C electronic invoicing would be carried out in phases:
- July 2024 – Voluntary phase – from July 2024 established taxpayers could issue electronic invoices to non-taxable persons on a voluntary basis
- January 2025 – Mandatory phase – from January 2025 established taxpayers issuing invoices to non-taxable persons would be required to do so electronically, through the RO e-factura platform
Currently, an electronic reporting mandate is live in the country requiring all taxpayers to electronically report invoices issued in B2B transactions. From July 2024, the system will shift to an invoice clearance system for B2B transactions between established taxpayers.
In addition, the Draft Order provides clarifications to the existing e-invoicing mandate, namely allowing the recipients of electronic invoices who have performed the payment but have not received the electronic invoice within the deadline to notify the authorities, through a procedure that is yet to be defined.
