Tax news from September 1, 2025: Increased VAT ceiling and new rules for small businesses in Romania and the EU

Guvernul României propune noi modificări la Codul Fiscal, privind regimul TVA la întreprinderile mici, pentru alinierea la legislația UE

The government is introducing significant fiscal and budgetary changes through Law No. 141/2025, published in the Official Gazette No. 699 of July 25, 2025, with the aim of increasing budget revenues and reducing the deficit.

The values of culture, meal, and childcare vouchers have been officially changed.

According to the World Economic Forum’s “Future of Jobs” report from 2025, the aging population is increasing the demand for professionals in various fields and putting pressure on employers to specialize their employees.

Ascent Group and Oxford Process Excellence strengthen their strategic partnership started in 2023.

The list of activities in the new CAEN Rev.3 corresponds to the list of activities valid at European level.

Here’s what’s wearing in the immediate tax season. Don’t
forget to declare your car by December 31!

The guaranteed gross minimum basic wage in the country increases from the current 3,700 lei to 4,050 lei gross monthly.

In certain situations, employees in Romania are entitled to days off in addition to their annual vacation days. The days off that employees can take are regulated by the Labor Code and the legislation in force.

The Labor Code regulates the employer’s obligation to issue employees with attestations certifying their length of service, as well as the employees’ right to request these documents.

,,Life is like riding a bicycle. To keep your balance you need to keep going forward.’’ – Albert Einstein

As of July 1, 2024, a number of important legislative changes will have a significant impact on the financial situation of employees, the self-employed and employers.

Starting this year, the reporting obligations in Romania are extended to RO e-transport reporting obligations.

The 300 lei deduction applies to a monthly earnings ceiling of 4,000 lei maximum.

From 1 July 2024, the minimum gross basic wage in the country increases from 3,400 lei to 3,700 lei gross monthly and the non-taxable amount of the minimum gross wage from 200 to 300 lei.

“Resilience is how you regain your balance when life challenges you.”- Steve Marabol

“All human beings are born free and equal in dignity and rights. They are endowed with reason and conscience, and ought to behave towards one another in a spirit of brotherhood.” – Universal Declaration of Human Rights

We often wonder what to do to make the management of our organisation successful or what to do to get teams fully engaged in management challenges.

Iulia is our colleague in the HR branch of the company, who brings not only support to the team, but also a lot of good humour. We invite you to meet her.

Law 275/2022 was published in the Official Gazette on October 3, 2022, rejecting the provisions of the Emergency Ordinance 37/2021 which exempted micro-enterprises from a series of bureaucratic obligations.

Starting this year, companies are earning a 6-month deadline from the fourth quarter tax return for deciding what amounts to pay as sponsorship.

Ascent Group continues its expansion plans, and November 2021 marks the conclusion of a strategic partnership, an agreement that is covering the Greek and Cypriot markets.

According to an order draft, ANAF will eliminate 11 tax declarations.

Simplification of procedures specific to the activity of human resources in micro-enterprises, given that there are currently around 500.000 micro-enterprises with up to 9 employees in Romania.

A new Regulation for employers in insolvency, bankruptcy or liquidation proceedings.