Starting on 1st of January 2020, important amendments as regards to intra-Community transactions from the point of view of value-added tax (“VAT”) will be introduced in Romania. The main changes will refer to simplification of the rules regarding call-off stocks and regarding successive transactions, as well as the amendment/simplification of the conditions for the application of VAT exemption for intra-Community supplies of goods.

For more information on this matter, please see the leaflet prepared by PETERKA & PARTNERS Romania.