The present procedure shall be applicable for the issuance of the Decisions concerning registration for VAT purposes under the provisions of art. 153 par. (1). Letter a) or c) of the Fiscal Code to taxable persons whose economic activity headquarters is in Romania and who obtain or intends to perform an economic activity involving taxable operations and / or exempt from VAT with right of deduction and who require registration for VAT purposes under the following situations:
• before carrying out such operations, if the taxable person declares that he/she will obtain a turnover which meets or exceeds the exemption threshold, whether it is to realize a turnover lower to the exemption threshold, but who chooses for the application of the normal tax regime;
• if the turnover obtained during a calendar year is lower to the exemption threshold, but the taxpayer chooses to apply the normal tax regime.
Registration of the taxpayer for VAT purposes is considered valid starting from:
• the day of communication of the decision approving the registration of taxable persons applying for registration from their set-up was communicated;
• first day of the month following the month when the taxpayer was informed of the decision approving registration for VAT purposes, for taxable persons applying for registration after their set-up.
© 2024 Contexpert Consulting SRL. All rights reserved.
For comments and / or suggestions please visit our Contactpage.