Main legislative changes of August 2026
1. Amnesty on VAT obligations and accessories for taxpayers who had their VAT number cancelled
2. Extension of the deadline for applying the reduced 9% VAT rate to residential property acquisitions
3. Approval of the procedure for granting a bonus of 3% of the corporate income tax and microenterprise income tax
4. Amendments regarding VAT exemptions for international organisations and tax restructuring procedures
5. Establishment of the State Aid Scheme for Advanced Technologies (TechUp Romania)
1. Amnesty on VAT obligations and accessories for taxpayers who had their VAT number cancelled
Measures have been introduced to cancel the principal tax liabilities representing VAT, as well as the related ancillary tax liabilities, established through tax assessment decisions issued and communicated to taxpayers following the cancellation of their VAT registration, for tax periods falling between 1 January 2019 and 27 August 2026.
Taxpayers who have already paid these tax liabilities are entitled to request a refund of the amounts paid. The limitation period for submitting refund claims starts from the date on which the law enters into force. The implementation procedure is to be approved by an order of the President of the National Agency for Fiscal Administration (ANAF), to be issued within 30 days from the date on which the law enters into force.
The provisions were published by Law no. 177/2026, Official Gazette, Part I, no. 700 of August 24, 2026.
2. Extension of the deadline for applying the reduced 9% VAT rate to residential property acquisitions
The deadline for applying the reduced 9% VAT rate has been extended until 30 September 2026 for individuals who entered into preliminary sale and purchase agreements between 3 July and 31 July 2025 for residential properties with a usable area of up to 120 sqm and a value not exceeding RON 600,000.
The tax incentive, which previously applied until 31 July 2026, is available to individuals who entered into agreements for the purchase of the residential property by 1 August 2025, with a delivery deadline of 30 September 2026, provided that they have not purchased another residential property subject to the reduced VAT rate since 1 January 2023.
For agreements concluded between 3 and 31 July 2025, evidence is required that a minimum advance payment of 20% of the residential property, excluding VAT, was paid in full by 31 July 2025, inclusive.
The provisions were published by Law no. 161/2026, Official Gazette, Part I, no. 642 of August 4, 2026.
3. Approval of the procedure for granting the bonus of 3% of the corporate income tax and microenterprise income tax
The procedure for granting a 3% tax credit against the annual corporate income tax and microenterprise income tax due for the 2025 tax year, as well as for the amended tax year beginning in 2025, has been approved.
The provisions were published by the Order of the Minister of Finance no. 987/2026, Official Gazette, Part I, no. 678 of August 17, 2026.
4. Amendments regarding VAT exemptions for international organisations and tax restructuring procedures
New provisions have been introduced regarding the application of the VAT exemption to supplies of goods and services made to diplomatic missions and consular offices, international organisations, NATO armed forces stationed in Romania as well as the armed forces of other EU Member States, for which an exemption certificate is required.
The new provisions establish the ways in which suppliers can proceed if the authenticated exemption certificate is not available on the date of delivery/provision, but is obtained later, including after a tax inspection. At the same time, the normative act amends and completes the provisions on the insolvency prevention procedures established by the Fiscal Procedure Code, introducing new tax obligations that are not considered overdue in the case of those procedures. Also, the rules on the extinguishing of tax obligations are revised, aspects related to VAT compensation and payment rescheduling are clarified and the conditions for the cancellation of certain tax receivables in case of successful completion of the restructuring are regulated.
The provisions were published by Law no. 170/2026, Official Gazette, Part I, no. 648 of August 5, 2026.
5. Establishment of the State Aid Scheme for Advanced Technologies (TechUp Romania)
The “TechUp România” state aid scheme has been established to support investments in advanced technologies, with the aim of increasing competitiveness and developing the technological capabilities of beneficiaries.
More information is available in the Tax Alert sent on August 26, 2026, available here.
Disclaimer
The information contained in this newsletter is intended to give you an overview of new legislation; the newsletter does not contain a comprehensive analysis of each topic. For further information on the topics covered please contact us. No responsibility is accepted for decisions or omissions following the use of the content of this newsletter. All Crowe newsletters are available at the address www.crowe.ro.
Crowe România