A loop of invoices from A to B to C and back to A shows in one subsidiary's SAF-T file only as a sale to B and a purchase from C. How a group CFO can review the D406 data, the free trade register data and ANAF's public registers, what the Fiscal Code says on affiliated persons and market value, and why a red flag is not a conclusion.

A foreign shareholder can check a Romanian company for free: basic trade register data, every registration in BERC, VAT registration, ANAF's quarterly lists and balance sheet data. What each source shows, how to use it, and what certificates and copies cost.

From the September 2026 and Q3 2026 VAT returns, one of 14 risk situations is enough to send a Romanian VAT refund claim to anticipated inspection. What ANAF Order 1425/2026 changed, point by point, and how to prepare the refund file.

On 30 October 2026 ANAF announced a national VAT compliance programme with information letters. What ANAF compares, how to tell a letter from a compliance notification or an inspection notice, and how to correct VAT returns, material errors and informative returns before an inspection.

Account 473 is the Romanian suspense account. The rules give three months to clarify each item and require a note on any year-end balance. Here is what a group can ask its Romanian subsidiary for.

From 1 August 2025, Law 141/2025 raised the standard VAT rate in Romania from 19% to 21% and replaced the 5% and 9% reduced rates with one 11% rate. The main measures, as they stood in July 2025.

Romania adopts new technical rules under Order 1815/2025 for customs laboratory procedures. Learn what’s analysed, who performs it, and how results are certified.

Piroi | my BUSINESS IN ROMANIA®: free mobile app with tax and business updates for companies in Romania, written and audio. App Store and Google Play.

ICCJ Decision 61/2025: a corrective tax return may change any relevant element, including the taxable base, within the limitation period.

If your Romanian accountant records amounts in account 473, a deadline applies: three months to clarify each item, and a note in the financial statements for any year-end balance.

ANAF Order 402/2025 added 17 acts, including ex officio VAT and inactivity decisions, to those printed centrally and valid without signature or stamp.

The EU Council has adopted the electronic VAT exemption certificate, replacing paper forms with a streamlined digital solution.

Every VAT-registered business in Romania receives an RO e-TVA pre-filled VAT return after each VAT return deadline. What it is, when it arrives and what changed in 2026.

Council Directive (EU) 2025/516 (VAT in the Digital Age): platform VAT rules from 2028, digital reporting and e-invoicing from 1 July 2030.

Mandatory invoice elements in Romania: date, unique number, supplier and buyer details, description, taxable amount, VAT rate and VAT amount

Division and liquidation in Romania: when a transfer of assets is not a VAT supply, liquidation distributions and VAT refund claims.

When ANAF cancels a VAT registration under art. 316(11) of the Fiscal Code: inactivity, tax record, missing or empty VAT returns, high fiscal risk.

Background info. How long will it take? Which documents will I be asked to present? What is the result?

Cash-basis VAT (TVA la încasare) in Romania: who can opt, the RON 5,000,000 threshold in 2026, RON 5,500,000 from 2027.

The difference is given by two main factors: revenue and intra-community acquisitions of goods

VAT-related warning flags and triggers for fines, penalties and charges, visible in a Romanian trial balance

Check a Romanian VAT number on the official ANAF register and the EU VIES database: what the result shows, why some companies are not found, and what an inactive supplier means for deduction.

A Romanian company must request VAT registration at the latest on the day its turnover exceeds RON 395,000, the threshold since 1 September 2025, or may register voluntarily at any time. The steps at ANAF, the forms and the cost of registering late.