Romania: The app that checks the VAT number of all your partners in one click
Tax Newsflash - VAT app
It is very likely that at some stage, your economic activity has been hampered because of the technical restrictions of the Romanian tax authorities’ IT system. To support your employees in the financial department who want to speed up the process of verifying the VAT registration numbers of all business partners on the tax authorities’ websites, (a process which up to now we assume has been carried out manually, one-by-one) or those who want to prevent situations in which tax inspectors reject the deductibility of significant amounts of expenses and, more specifically, VAT related to these acquisitions, due to administrative errors (creating interest and penalties), we bring to your attention an application which is very useful and easy to use.
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