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Stay informed with the latest updates on RO SAF-T, e-Invoicing, e-Transport and VAT compliance in Romania. Our step-by-step guide help businesses navigate tax regulations, prevent penalties, and streamline financial reporting. From SAF-T obligations to e-VAT implementation, find everything you need to stay compliant and efficient.

How to automatically verify that VAT information reported in the SAF-T declaration is accurate

Submitting a SAF-T declaration goes beyond just providing accounting data, it also requires detailed VAT reporting. As tax authorities place increasing focus on VAT accuracy, businesses need to ensure that their SAF-T declarations align with their VAT returns (D300), as well as D390 and D394. To identify discrepancies, ANAF runs 11 automated consistency checks after [...]

How to avoid ANAF notifications for inconsistencies in your SAF-T declaration

Submitting a SAF-T declaration can be a complex process. Even if your submission clears the DUK Integrator validation, ANAF may still flag inconsistencies, triggering notifications that result in extra work, stress, and a ticking 30-day deadline to make corrections. However, by proactively verifying your declaration before submission, you can catch potential issues early and avoid [...]

How to resolve notifications about SAF-T declaration inconsistencies reported by ANAF

Managing SAF-T declarations can be challenging, especially when receiving notifications from ANAF regarding issues and inconsistencies. These notifications often take the taxpayer by surprise, particularly when they involve technical challenges that go beyond standard compliance. This guide is here to help you understand these issues and fix them with confidence. Understanding ANAF’s two levels [...]

E-VAT: A comprehensive guide to simplifying VAT reporting with RO e-VAT

Romania's journey into financial digital transformation is gaining momentum, and the RO e-VAT system is at the heart of this transition. While the goal is to make VAT reporting more efficient and compliance easier, this new system does come with its own set of challenges. It's not all smooth sailing; there's a bit more work [...]

SAF-T Declaration: Understanding what it is and what are its main challenges

Since January 2022, businesses in Romania have been required to submit a new type of report to ANAF, the SAF-T Declaration (406). This report goes beyond just tax data, also covering accounting details and management information, giving authorities a clearer picture of a company’s financial activity. SAF-T stands for Standard Audit File for Tax, an [...]

SAFT obligations and terms for newly added taxpayers on the lists of large and medium taxpayers

The taxpayers included by the tax authorities on the lists of large and medium taxpayers had the obligation to report SAFT in stages, starting with January 2022, according to the chart below published by ANAF. Small taxpayers and non-resident companies registered for VAT purposes in Romania will have the obligation to report SAFT starting from [...]

RO e-Invoice – mandatory electronic invoicing system – who, when and how must issue electronic invoices and report them to ANAF?

Who has the obligation to issue and send e-Invoices? The obligation to issue electronic invoices and to transmit them through the national RO e-Invoice system rests with: Economic operators that sell products with high fiscal risk in the B2B (Business to Business) relationship The list of products with high fiscal risk is detailed in [...]

The first deadline for submitting the D406 annual statement regarding fixed assets is approaching! Are you ready?

For certain categories of taxpayers, the first deadline for submitting the D406 Annual Declaration regarding fixed assets ("Annual D406 Assets Declaration") is approaching. The general rule for establishing the deadline for submitting the annual D406 Declaration regarding assets is that this deadline is the same as the deadline for submitting the financial statements related to [...]

What are the applicable fines for the RO SAFT declaration?

The contraventions applicable for the SAFT declaration are those mentioned in art. 337^1 of the Romanian Fiscal Procedure Code: Failure to submit the standard fiscal control file (SAFT declaration / declaration 406) by the deadlines provided by law, is sanctioned with a fine between 1,000 lei - 5,000 lei Incorrect or incomplete filing of the [...]

What is the grace period for the SAFT declaration (declaration 406)?

For submitting the periodic RO SAFT declaration (monthly or quarterly), taxpayers benefit from a grace period of maximum 6 months for the first reporting months/quarters. Taxpayers who have the obligation to submit the monthly SAFT declaration can benefit from a maximum of 6 months of grace for the first 6 reports: The SAFT declaration for [...]