{"id":4424,"date":"2026-10-30T15:59:35","date_gmt":"2026-10-30T13:59:35","guid":{"rendered":"https:\/\/nowium.com\/?post_type=bulletin&p=4424"},"modified":"2026-11-02T12:26:15","modified_gmt":"2026-11-02T10:26:15","slug":"newsletter-no-10-october-2026","status":"publish","type":"bulletin","link":"https:\/\/nowium.com\/en\/bulletin\/newsletter-no-10-october-2026\/","title":{"rendered":"Newsletter no. 10 \u2013 October 2026"},"content":{"rendered":"

In brief, this month<\/h2>\n

Legal entities<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n
What has changed<\/th>\nWhat needs to be done<\/th>\nDeadline<\/th>\n<\/tr>\n<\/thead>\n
CAEN Rev. 3<\/strong><\/a>, extended deadline (GD 788\/2026)<\/td>\nApplication to update the object of activity filed with ONRC and, if the CAEN code also appears in the tax records, a declaration of amendments filed with ANAF within 15 days of the change.<\/td>\n1 April 2027<\/td>\n<\/tr>\n
Transfer of company shares<\/strong><\/a> in a limited liability company (Order 1967\/C\/2026)<\/td>\nNotification to ANAF of the transfer of company shares, together with a request for the tax clearance certificate.<\/td>\nNo distinct deadline; published on 12 October 2026<\/td>\n<\/tr>\n
VAT refunds<\/strong><\/a>: new risk situations (ANAF Order 1425\/2026)<\/td>\nNo new direct obligation; for returns with a refund option, the new Annex No. 6 (risk situations) is relevant.<\/td>\nReturns for September 2026 and Q3 2026, respectively<\/td>\n<\/tr>\n
Sustainability reporting<\/strong><\/a> (Order 1281\/2026)<\/td>\nReporting in the directors\u2019 report, with a limited assurance opinion from the statutory auditor. Protected entities may refuse information that goes beyond the voluntary standards.<\/td>\nFinancial years starting on 1 January 2027 and 1 January 2028, respectively<\/td>\n<\/tr>\n
Joint and several liability<\/strong><\/a>: new procedure (Order 1163\/2026)<\/td>\nNothing beforehand. The persons concerned may be summoned to a hearing.<\/td>\nAlso applies to ongoing procedures<\/td>\n<\/tr>\n
Reduced VAT rate on products intended for bees<\/strong><\/a> (Law 199\/2026)<\/td>\nChecking the VAT treatment applied to these supplies (Article 291 paragraph (2) letter o) of the Fiscal Code).<\/td>\nThe measure applies from 18 October 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Employers<\/h3>\n
\n\n\n\n\n\n\n\n
What has changed<\/th>\nWhat needs to be done<\/th>\nDeadline<\/th>\n<\/tr>\n<\/thead>\n
Meal voucher<\/strong><\/a>: maximum RON 45 (Order 1188\/1254\/2026)<\/td>\nObserving the RON 45 ceiling when setting the nominal value.<\/td>\nFrom October 2026<\/td>\n<\/tr>\n
Nursery voucher<\/strong><\/a>: RON 770\/month (Order 1187\/1255\/2026)<\/td>\nApplying the monthly value of RON 770.<\/td>\nFrom October 2026<\/td>\n<\/tr>\n
CEI accounts<\/strong><\/a>: contributions borne by the employer (Law 202\/2026)<\/td>\nNothing immediately; CEI is a voluntary instrument. Details in the Individuals section.<\/td>\n1 January 2027<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

Individuals<\/h3>\n
\n\n\n\n\n\n
What has changed<\/th>\nWhat needs to be done<\/th>\nDeadline<\/th>\n<\/tr>\n<\/thead>\n
Savings and investment accounts (CEI)<\/strong><\/a> (Law 202\/2026)<\/td>\nNothing immediately; CEI is a voluntary instrument.<\/td>\n1 January 2027<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

<\/p>\n

\n

LEGAL ENTITIES<\/h2>\n

Government Decision 788\/2026 complementing Article 51<\/sup> of Government Decision No. 656\/1997 approving the Classification of Activities in the National Economy – CAEN \u2013 extension of the CAEN Rev. 3 implementation period (OG 835\/2026)<\/span><\/h2>\n
\n

What this means for you<\/p>\n

Who is affected: <\/strong>Entities registered with ONRC\/Trade Register and existing on 1 January 2025, concerned by the transition to CAEN Rev. 3.<\/p>\n

What needs to be done: <\/strong>Application to update the object of activity filed with ONRC and, if the CAEN code also appears in the tax records, a declaration of amendments filed with ANAF within 15 days of the change \u2013 for entities that have not yet completed the update.<\/p>\n

By when: <\/strong>1 April 2027 (compared with 25 September 2026, the initial deadline).<\/p>\n<\/div>\n

Summary<\/span><\/h3>\n

The decision complements Article 51<\/sup> of GD No. 656\/1997 with a new paragraph (21<\/sup>), which establishes a new implementation period of 6 months for the CAEN Rev. 3 version (approved by INS President\u2019s Order No. 377\/2024). The period runs from the entry into force of the decision (1 October 2026) and ends on 1 April 2027; the initial deadline was 25 September 2026.<\/p>\n

Details<\/span><\/h3>\n