Romania’s new e-Invoice system was presented in 2020 by the Ministry of Finance and the National Financial Administration Agency. On 17 December of that year, the government of Romania published EMERGENCY ORDINANCE no. 130 and clarified details about the new e-invoice regime, including scopes and deadlines. While developing this project, Italy’s B2G (business-to-government) and B2B (business-to-business) e-invoicing system was analyzed.
While planning to implement the RO e-Invoice system (named e-Factura) the SAF-T RO (standard audit file for tax) report obligation was started in January 2022.
New system will contain both the implementation of the Business to Business (B2B) and the Business to Government (B2G) transactions. First, it will be integrated into the e-transfer system. The most important goal is to prevent tax fraud and smuggling.
Excluding the suppliers of high-fiscal-risk products; B2B transactions are still optional, however B2G transactions have no product limitation.
What are high fiscal products?
These products were determined by ANAF in their published draft list. High fiscal products include,
- Vegetables, fruits, roots, edible tubers, other edible plants
- Alcoholic beverages
- Mineral products
- New construction
- Clothing and footwear
ANAF stated that this list will be updated, and it seems highly probable that it will be extended to other products in time.
How to submit RO e-Factura system?
Before submission taxpayers must have access to the RO e-Invoicing system.
The national e-invoicing system is accessible through the Virtual Private Space (SPV) web page and through the shared API (application programming interface).
To use SPV, commercial entities must be registered under their own name or under the name of a designated legal representative.
After that, taxpayers can submit their e-invoices to the RO e-Invoice system and the same methods (API and SPV) can be used to upload them to the system.
What is the timeline of the new e-Invoicing system?
E-invoice integration will take place in two stages. The electronic invoice can be submitted to the national electronic invoicing system, RO e-Invoice, between April 1 and June 30, 2022 on a voluntary basis.
The obligation will start on 1 July 2022, and suppliers will have to issue invoices in the RO e-Factura system for B2B transactions involving high-risk products. This obligation will be initiated regardless of whether the buyers are registered in the RO e-Invoice Registry. E-invoices must be generated in XML format.
How can SNI help you?
SNI’s add-on solution is an end-to-end solution. That means data retrieving from SAP, data mapping, processing, and communication with tax authorities will be performed under a single SAP add-on.
Through the SNI add-on solution for e-invoicing in Romania, end users can easily create e-invoices and monitor the XML and human readable versions of the invoices through a user-friendly SNI e-invoice cockpit. After the e-invoice is created, end users can sign it. Before sending the invoices to ANAF, use the DUK integrator tool to verify the created e-invoice.