Newsletter no. 8 – August 2026

Note: Starting in 2026, Nowium Newsletters are published only in the web version (without PDF), in both Romanian and English.

Summary

1. Cancellation of certain VAT differences and related aditional liabilities established following the cancellation of VAT registration (Law 177/2026)
2. Extension until 30 September 2026 of the reduced 9% VAT rate for the delivery of certain dwellings (Law 161/2026)
3. Fiscal-budgetary measures: direct VAT exemption based on a certificate, inheritance tax and the treatment of tax obligations in insolvency prevention procedures (Law 170/2026)
4. Update of Form 216 and increase of the special tax rate on high-value immovable and movable property from 0.3% to 0.9% (ANAF Order 917/2026)
5. Approval of the new template of the form “Contract for ownership transfer of a means of transport” – template 2026 ITL 054 (Order 772/966/123/2026)
6. Approval of the Procedure for granting the 3% bonus on corporate income tax/microenterprise tax for 2025 (MF Order 987/2026)
7. Definition of the occasional character of the transport of excisable products acquired from another EU Member State by individuals (Romanian Customs Authority/ANAF Order 1613/2026)
8. Approval of Form 183 “Statement on the average annual value of the commercial mark-up” for fuel operators (MF Order 1019/2026)
9. Registration of associations, foundations, political parties and religious entities/units in the mandatory RO e-Invoice Register and update of Form 082 (ANAF Order 1020/2026)
10. Establishment of the state aid scheme for advanced technologies – TechUp Romania (GD 643/2026)
11. 25 September 2026 – deadline for updating CAEN codes to Rev. 3 (INFO)
12. Month-end foreign exchange rates for August 2026
13. Social indicators

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Law 177/2026 on the cancellation of certain tax obligations – cancellation of VAT differences established following the cancellation of VAT registration (Official Gazette 700/2026)

Summary

The Law establishes the cancellation of certain VAT differences and the related additional liabilities, established through tax decisions issued following the cancellation of VAT registration, as well as the refund, upon request, of amounts already settled. The measure targets specific tax periods and includes a distinct category for agricultural cooperatives.

Details

• Obligations targeted: the VAT differences and related additional liabilities established through a tax decision communicated to the taxpayer under Article 11 paragraph (6) or (8) of the Fiscal Code, following the cancellation of VAT registration under Article 316 paragraph (11) letters a), d) and e) [respectively, for prior periods, Article 153 paragraph (9) letters a), b), d) and e) of Law No. 571/2003], for the tax periods between 1 January 2019 and the date of entry into force of the law, are cancelled.
• Agricultural cooperatives: the VAT differences related to purchases of agricultural machinery for which agricultural cooperatives exercised their right of deduction are also cancelled, for the periods between 9 January 2024 and the date of entry into force of the law.
• Refund of settled amounts: differences already settled by any means are refunded to taxpayers upon request; the limitation period for the right to request the refund starts to run from the date of entry into force of the law.
• Exception: the law does not apply to obligations for which the taxpayer separately entered VAT in invoices/equivalent documents or collected, in whole or in part, VAT from beneficiaries, as established by the tax authority.
• Mechanism: the cancellation is carried out ex officio, through a cancellation decision communicated to the taxpayer; for obligations of this nature the tax authority no longer issues tax decisions, and decisions issued but not communicated are no longer communicated, the obligations being removed from the records.
• Procedure: the application procedure is to be approved by order of the President of ANAF, within 30 days from the date of entry into force of the law

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Law 161/2026 on certain fiscal-budgetary measures – extension of the reduced 9% VAT rate for certain deliveries of dwellings until 30 September 2026 (Official Gazette 642/2026)

Summary

The Law extends until 30 September 2026 (compared to 31 July 2026 previously) the period during which the reduced 9% VAT rate may be applied for certain deliveries of dwellings, and regulates the refund of the VAT difference for purchases carried out at the standard rate during the period 1 August 2026 – the date of entry into force of the law.

Details

Cumulative conditions for the 9% rate:

• usable area of maximum 120 sqm (excluding household annexes);
• total value of the dwelling and land of maximum RON 600,000, excluding VAT;
• at the time of supply (by 30 September 2026 at the latest) the dwelling can be inhabited as such;
• the buyer has not acquired another dwelling at the reduced rate since 1 January 2023;
• the existence, by 1 August 2025, of an inter vivos legal act concerning an advance payment.

Advance for the acts concluded between 3–31 July 2025: in addition, at the date of supply, proof must be provided of an advance of 20% of the value of the dwelling (excluding VAT), paid in full by 31 July 2025.

Refund of the VAT difference: individuals who acquired dwellings at the standard rate of 21% during the period 1 August 2026 – the date of entry into force of the law may request the refund of the difference between 21% and 9% for a single dwelling, if they meet the above conditions; for several eligible dwellings, the refund is granted for the one whose chargeable event occurred first.

Request deadline: the refund may be requested starting 1 October 2026, in accordance with the procedure to be approved by order of the President of ANAF (within 30 days from the date of entry into force of the law).

Register and notarial obligations: rules apply regarding the verification and registration in the “Register of dwelling purchases at the reduced VAT rate”, as well as obligations for public notaries before authenticating transfer or advance payment acts.

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Law 170/2026 on certain fiscal-budgetary measures, as well as for amending and complementing certain normative acts (Official Gazette 648/2026)

Summary

The Law brings amendments to the Fiscal Code and the Fiscal Procedure Code, mainly targeting the application of the direct VAT exemption based on a certificate, the tax exemption for certain inheritances, as well as the treatment of tax obligations within insolvency prevention procedures. The Law also amends a series of normative acts in other fields.

Details

A. Amendments to the Fiscal Code

• Direct VAT exemption based on a certificate: the application of the direct exemption (invoicing without VAT) is clarified for certain exempt beneficiaries established in Romania. If the supplier/service provider obtains the exemption certificate after the supply/provision of service, but within the legal limitation period, the exemption applies from the date of the chargeable event; the situations where the certificate is not available at the time of a tax inspection or is obtained after its completion are also regulated, including the possibility of adjustment and re-verification.
• Tax on the transfer of property through inheritance: for successions debated and finalized by 30 September 2026, no tax is due on the transfer of the ownership right and its dismemberments by way of inheritance, if the two-year period from the date of death is reached during the period 14 July – 30 September 2026.

B. Amendments to the Fiscal Procedure Code (insolvency prevention procedures)

• Non-overdue tax obligations: for debtors using insolvency prevention mechanisms, certain obligations (those with future deadlines set out in the restructuring agreement/plan and those to be cancelled at the end of the procedure) do not qualify as overdue.
• Order of settlement: a distinct order of settlement is introduced – first the obligations outside the agreement/plan (in order of age), then those with deadlines set through the agreement/plan and the related additional obligations, and lastly the other tax obligations.
• VAT requested for refund: distinct rules for situations where a debtor undergoing a procedure files a return with a negative amount with a refund option; the approved amounts are offset, as the case may be, against obligations outside the agreement/plan or against those with deadlines set through it.
• Payment rescheduling: in order to be granted rescheduling (classic or simplified), the debtor must not be undergoing an insolvency prevention procedure; a debtor undergoing such a procedure may request rescheduling, provided that it exits the procedure before the decision is issued.
• Cancellation of restructured claims: at the end of the procedure, the claims reduced through the restructuring agreement/plan are cancelled, subject to the debtor’s compliance; until the procedure is closed, these claims are not settled.

C. Other amendments

The Law also amends and complements normative acts in other fields, among others: Law No. 96/2000 on Exim Banca Românească – S.A. (temporary financing for public enterprises), GO No. 46/1998 on ROMATSA, Law No. 226/2023 on road charges (introduction of the STRR system and TollRo from 31 August 2026), as well as the Physical Education and Sport Law No. 69/2000.

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ANAF Order 917/2026 amending Form 216 “Statement on the special tax on high-value immovable and movable property” – increase of the rate from 0.3% to 0.9% (Official Gazette 646/2026)

Summary

The Order amends Form 216 and its filling instructions, the main change being the replacement of the special tax rate from 0.3% to 0.9%. The new form is used starting with the declaration of the special tax for 2026.

Details

• Change of the rate: in the filling instructions for Form 216, the phrase “the 0.3% rate” is replaced with the phrase “the 0.9% rate”.
• Updated form: Form 216 is amended and replaced with the new template provided in the annex to the Order.
• Applicability: the new form is used for the declaration of the special tax on high-value immovable and movable property starting with 2026

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Order 772/966/123/2026 amending Order No. 1069/1578/114/2016 – the new template of the form “Contract for ownership transfer of a means of transport”, template 2026 ITL 054 (Official Gazette 680/2026)

Summary

The Order approves a new template of the standard form “Contract for ownership transfer of a means of transport” – template 2026 ITL 054, used in the tax formalities related to the transfer of the ownership right over means of transport. The new form replaces the previous template.

Details

• New form: the standard form “Contract for ownership transfer of a means of transport”, template 2026 ITL 054, is approved, replacing Annex No. 2 to Order No. 1069/1578/114/2016.
• Content: the form includes information on the parties involved in the transaction, the means of transport and the tax elements relevant to the transfer and acquisition, as well as references to the local tax authority and to the fulfilment of the tax obligations related to the operation

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MF Order 987/2026 approving the Procedure for granting the 3% bonus on annual corporate income tax and on microenterprise income tax for fiscal year 2025 (Official Gazette 678/2026)

Summary

The Order approves the procedure for granting the 3% bonus on annual corporate income tax and on microenterprise income tax for fiscal year 2025/the modified fiscal year beginning in 2025, as well as the templates of the forms used by the tax authority. The bonus is granted ex officio, subject to compliance with declarative and payment obligations.

Details

• Beneficiaries: taxpayers paying corporate income tax (regardless of the declaration and payment system) and payers of microenterprise income tax. For microenterprises that become corporate income taxpayers in 2025, the bonus is calculated, as the case may be, on both taxes.
• Cumulative conditions: submission of all returns in accordance with the fiscal vector (this condition being met also where the obligations were established through a decision of the tax authority); full and timely settlement of the tax for 2025; absence of other overdue tax obligations or budgetary claims individualized in enforceable titles, at the legal submission deadline.
• Calculation basis: 3% applied to the tax for 2025 – the annual corporate income tax (from which the redirected amounts are deducted) or, as the case may be, the minimum tax on turnover; for microenterprises, 3% on the tax due for the entire year, determined by adding up the quarterly taxes.
• Granting ex officio: the bonus is granted without a request, after the expiry of the deadline to submit the annual tax return (respectively the tax return for the fourth quarter for microenterprises), through a granting decision communicated to the taxpayer.
• Use: the amounts are not refunded but are used for settling tax obligations, in accordance with the Fiscal Procedure Code.
• Amendment/cancellation: in the event of submitting amending tax returns or the establishment of differences following a tax inspection, the bonus may be reduced accordingly; if the obligation is increased by more than 3% or no tax obligation results any longer, the granted bonus is cancelled.
• Approved forms: the granting decision, the amending decision and the cancellation decision of the 3% bonus.

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AVR (Romanian Customs Authority)/ANAF Order 1613/2026 on the definition of the occasional character of the transport of excisable products acquired from another EU Member State by an individual for own use (Official Gazette 652/2026)

Summary

The Order defines the “occasional” character of the transport into Romania of excisable products acquired by an individual from another EU Member State for own use and establishes an electronic register recording such introductions. We present the main elements briefly, the field of excise duties not being within our primary area of expertise.

Details

• Occasional character – cumulative conditions: the transport is carried out exclusively for personal, non-commercial purposes; it is not part of a successive series of transports of a nature to indicate an economic activity; and the total quantity does not exceed the quantitative limits provided by the Fiscal Code (measured over an interval of 40 days, respectively one year, from the last recorded finding).
• Register and finding sheet: at the level of the Romanian Customs Authority, an electronic register recording occasional introductions of excisable products by individuals is established, the findings being recorded in a finding shee

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MF Order 1019/2026 approving Form 183 “Statement on the average annual value of the commercial mark-up” – fuel economic operators (Official Gazette 669/2026)

Summary

The Order approves Form 183 “Statement on the average annual value of the commercial mark-up”, intended for reporting the average commercial mark-up related to sales of fuel and diesel, as well as the filling and submission instructions. The statement is submitted within 5 days from the publication of the Order in the Official Gazette (17 August 2026 for Order 1019/2026).

Details

• Persons required to submit: economic operators that import, produce, distribute and/or sell fuel and diesel, with the exception of refining activities and the first sale of products resulting from crude oil processing, as well as the import and first sale of imported petroleum products.
• Reporting content (year 2025): for each type of product, the sales revenue, acquisition/production costs, quantity sold and the average annual value of the commercial mark-up are declared; the revenue takes into account sales from the refining and wholesale and retail sale segment, excluding exports and intra-Community supplies.
• Calculation method: the average annual value of the commercial mark-up is determined as the ratio between the difference between sales revenue and acquisition/production costs and the total quantity sold (in litres or tonnes).
• Submission: electronically, using the assistance software, through remote transmission means on the e-guvernare.ro website; corrections are made through an amending tax return, completed in full.

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ANAF Order 1020/2026 amending ANAF Order No. 3,789/2024 – the mandatory RO e-Invoice Register and Form 082 (Official Gazette 706/2026)

Summary

The Order amends the procedure for organizing and registering in the mandatory RO e-Invoice Register and Form 082, extending the registration obligation to associations, foundations, other non-profit entities, political parties and religious entities/units that are not registered for VAT purposes, before the start of economic activities.

Details

• Entities targeted: associations and foundations set up under GO No. 26/2000, other non-profit/non-patrimonial associations, political parties and religious entities/units that are not registered for VAT purposes under Article 316 of the Fiscal Code are required to request registration in the mandatory RO e-Invoice Register before starting to carry out economic activities (if they have not already opted for the system).
• Registration deadline: the entities are registered in the register within 3 working days from the date of submitting Form 082 (with Section III ticked).
• Automatic registration: on the date of entry into force of the Order, the above entities that were registered in the optional RO e-Invoice Register are registered, with the help of the IT system, in the mandatory Register.
• Deregistration: suppliers/service providers that are not required to use the system and were registered in the mandatory Register, as well as individual farmers under the special scheme, may request deregistration through Form 082 (with Section IV ticked); deregistration takes effect from the first day of the month following submission.
• Updated Form 082: the new template, filling instructions and characteristics of the form are approved, which is completed using the assistance software and submitted electronically.

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Government Decision 643/2026 establishing a state aid scheme for advanced technologies (TechUp Romania) (Official Gazette 699/2026)

Summary

The Decision establishes the state aid scheme for advanced technologies “TechUp Romania”, part of the economic relaunch package introduced through GEO No. 8/2026. The scheme finances the entire technological pathway – from research-development to production – through grants and tax incentives, with a total budget of up to approximately RON 5.31 billion, allocated over the period 2026–2032.

Details

• Objective and structure: the scheme supports technologies with high systemic impact through state aid for research-development and regional state aid, covering both research and production. Projects have two components: Component I – research-development and Component II – investment in production/service provision capacities.
• Budget and beneficiaries: a maximum budget of RON 5.313 billion (approximately EUR 1.05 billion), with an annual allocation of approximately RON 759 million; the estimated number of beneficiaries is approximately 350 companies for each type of state aid. The aid is granted over the period 2026–2032, and payment is made over the period 2027–2041.
• Fields targeted: digital (advanced computing, artificial intelligence, microelectronics, digital infrastructure), life science (biotechnology, agri-tech, precision health), energy (green energy, storage, climate technologies), mobility and space (autonomous systems, space technologies), industry 4.0 (advanced materials, modern industrial production) and cyber/digital security.
• Project value and eligibility criteria: eligible costs excluding VAT between RON 5 million and RON 50 million, with a research-development component of at least RON 2 million and a production/service provision component of at least RON 3 million; required, among others, are documents on the maturity level and field of the project, a business plan and its own contribution from sources that are not subject to other public support.
• Incentives granted: Component I – a grant for eligible expenses (personnel, contracted research, overheads) combined with a 200% tax deduction for eligible expenses on tangible and intangible assets; Component II – a grant for salary expenses (over 2 years from the creation of jobs) or for new tangible and intangible assets.
• Mechanism of the 200% deduction: the aid in the form of a 200% deduction is calculated by the Ministry of Finance after the (partial or total) realization of the eligible expenses under Component I, through a calculation decision issued by 31 December 2040; subsequently, the enterprise follows the ANAF procedures for deducting the eligible expenses.
• Notification and access: the scheme is exempt from the obligation to notify the European Commission, projects being able to be submitted immediately after the publication of the related guides; within 45 working days from the entry into force, the Minister of Finance approves, by order, the Applicant’s Guide and the payment guide

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INFO – 25 September 2026 – deadline for updating CAEN codes in accordance with Rev. 3

Summary

According to Order No. 377/2024, on 1 January 2025 CAEN Rev. 3 entered into force, the new classification of activities in the national economy. Through GD No. 284/2025, an 18-month transition period was established for updating the object of activity to CAEN Rev. 3 by entities existing as at 1 January 2025, the deadline being 25 September 2026.

The CAEN classification applies in all fields of economic and social activity and is mandatory, for statistical purposes, for authorities and public institutions, budgetary units, economic operators, employer, trade union, professional and political organizations, foundations, associations, as well as other individuals and legal entities, when filling official documents.

Entities registered with the National Trade Register Office (ONRC) must request the update of their object of activity to the CAEN Rev. 3 codes, by filing an update request (separately or together with a request for mentions). Persons/entities that are not required to register with ONRC (for example, the liberal professions) should check the update method applicable to their form of organization and, as the case may be, the requirements of the competent authority or professional body.

If the CAEN code is also declared in the tax records, its update with ANAF must also be considered, by filing the statement of mentions within 15 days from the date the change occurs.

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Month-end foreign exchange rates for August 2026

The foreign exchange rates communicated by the NBR, used at the August 2026 month-end closing for the valuation of monetary asset and liability items denominated in foreign currency (cash on hand, receivables, payables), as well as for the valuation of receivables and payables denominated in RON whose settlement depends on the exchange rate of a foreign currency, are:

1 EUR	1 USD	1 CHF	1 GBP
5,2586 RON	4,5335 RON	5,6071 RON	6,1396 RON

 

Please note that in the “Resources” section of our website you can find an Excel utility through which exchange rates are automatically retrieved from the NBR website and allocated to each validity date, in accordance with the accounting rules. The month-end closing rate is the foreign exchange rate communicated in the last foreign exchange session of the respective month.

Resources

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Social Indicators 2026