The European Commission has released a proposal granting permission to Romania to introduce mandatory electronic invoicing for B2B transactions starting on January 1, 2024. This permission is necessary for Romania to deviate from Articles 219 and 232 of the EU VAT Directive, which impose limitations on government-mandated e-invoicing. Romania submitted its application for this permission in 2022, with an initial plan to launch in July of the same year. It is expected that this permission will be granted without opposition.
The granted authorization will be valid for a period of three years, starting from January 2024 and ending in December 2026. Alternatively, the authorization may be terminated earlier if the European Union decides to adopt the ViDA proposal.
It should be noted that Romania will be required to make the necessary adjustments to ensure compliance when the ViDA is eventually adopted. This is because the current Romanian system is not fully aligned with the ViDA framework.
