The year 2024 brings a series of fiscal legislative changes concerning Individual Authorized Persons PFAs, which will result in an increase in the amount of tax obligations to the state budget.
For nearly two decades, the simplified tax regime for microenterprises in Romania has provided a stable platform for businesses. Since its inception in 2001, with occasional adjustments, it has fostered a conducive environment.
If you're a freelancer or a small business owner operating in Romania, there are crucial changes on the horizon that you need to be aware of, particularly in the realm of invoicing.
n March 2020, Romania took a bold step with the launch of "E-Factura," a mandatory electronic invoicing system introduced by the Ministry of Finance and the National Agency for Fiscal Administration (ANAF).
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