To ensure the necessary conditions for issuing documents

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Apayer with the competent tax authority in the following situations Upon establishment if it declares that it will achieve a turnover above the exemption ceiling provided by the provisions of the Fiscal Code relating to VAT Upon establishment if it declares that it will achieve a turnover below the exemption ceiling provided by the provisions of the Fiscal Code relating to VAT but opts for the application of the normal VAT regime After establishment mandatorily if it exceeds the exemption ceiling provided by the provisions of the.

Fiscal Code regarding VAT within days from the end Country Email List of the month in which it exceeded this ceiling After establishment if the turnover achieved is below the exemption ceiling provided by the provisions of the Fiscal Code regarding VAT but wishes to opt for the application of the normal VAT regime. Regarding the record of taxable operations and the submission of the statement taxable persons registered as VAT payers have the following obligations from the point of view of the record of taxable operations To keep accounting records according to the law  processing information and keeping records.



To provide the tax authorities with all the necessary justifications To account separately the incomes and expenses resulting from the operations of joint ventures. Persons registered as VAT payers must draw up and submit to the competent fiscal body by the th of the month following the fiscal period inclusive the VAT return. The correct calculation and payment by the legal deadline of the value added tax is the responsibility of the person obliged to pay the VAT. The person obliged to pay VAT must pay the VAT due established by the statement drawn up for each fiscal period at the treasury within the range of which he has his headquarters or fiscal domicile. For the person obliged to pay VAT who does not have his registered office or domicile in Romania there is an.