Starting January 1, 2024, in Romania, electronic invoicing in B2B transactions becomes mandatory. Companies must use the RO e-Invoice system, issuing invoices in XML format, ensuring compliance with fiscal efficiency and reducing tax evasion.
Starting January 1, 2024, Romania requires electronic invoicing for all business transactions via RO e-Factura. This move aims to enhance financial transparency and reduce tax evasion, with automated solutions simplifying compliance and billing processes.
From January 1, 2024, the RO e-Invoice system, mandatory for Romanian economic operators, requires a qualified electronic signature. Non-compliance leads to fines. Enrollnment in SPV with a qualified certificate is essential for authenticity and integrity. Simple and advanced signatures also exist but have limitations.
he RO e-Invoice system supports transaction transparency with ANAF reporting. Benefits include streamlined financial processes and fiscal compliance. Integration with Dynamics 365 offers automation, cost reduction, and precision in invoicing, evolving into a business growth opportunity.
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