Business #31 Legislative focus

A legislative proposal registered with the Senate on August 24 would extend the tax amnesty under Emergency Ordinance no. 107/2024 to principal liabilities for periods ending 31 August 31, 2024 that are established through subsequent tax audits. Eligible taxpayers would have to pay the principal differences by the statutory deadline and submit their cancellation request within 90 days of receiving the assessment decision. Taxpayers granted an instalment plan for these liabilities could also benefit from the cancellation of the related interest, penalties and other ancillary charges. 

Companies assessed after the original amnesty entered into force could reduce the cost of historical tax adjustments, provided they meet the payment and filing deadlines. Finance and tax teams should review new assessment decisions promptly, confirm eligibility and preserve the 90-day application window.

A Government Decision adopted on August 28 establishes the administration and use of the Single Electronic Contact Point for Industrial Licences (PCUEL), implementing NRRP Milestone 246 under Component 9. Industrial operators will submit electronically signed applications and supporting documents through a single account, with a separate file for each workplace and authorised NACE code. Authorities must indicate within 10 days whether an application is valid or requires additional information, while applicants generally have 15 days to provide the requested documents. The platform will also centralise communications, appeals and notifications concerning the validity, suspension or withdrawal of licences. 

Industrial companies will need qualified electronic signatures, accurate registration and NACE information, and internal processes for monitoring platform notices and calendar-day deadlines. Missing requested documents may cause an application to be treated as withdrawn, while abusive platform use can lead to restricted access and fines, doubled for legal entities.

Law no. 183/2026, published on August 28 and effective from August 31, regulates the operational and financial closure of Romania’s NRRP. Final transfer requests must be submitted by September 30 and processed by October 30, while coordinators must classify reforms and investments by October 31 and approve the classification by November 15. Unfinished investments may continue from beneficiaries’ own resources or other lawful sources, but must generally be completed by December 31, 2026 and reported monthly. The law also permits selected projects to move to national programmes or continue through the Environmental Fund Administration, while establishing separate rules for terminated or removed investments.

Public and private beneficiaries face immediate cash-flow, reporting and delivery pressures. Costs incurred after the NRRP implementation deadline are generally no longer reimbursable from the Plan, and failure to complete projects by December 31 may trigger proportional recovery of funds. Beneficiaries should therefore secure replacement financing, document progress and assess whether project-specific transfer or continuation mechanisms apply.

Law no. 177/2026, published on August 24 and effective from August 27, cancels VAT, interest and penalties imposed on taxpayers whose VAT registration was withdrawn in specified administrative situations, including inactivity, failure to submit returns or a declaration that no economic activity was being carried out. The measure also covers qualifying deregistrations under the former Fiscal Code and may include VAT calculated retroactively for periods of up to five years. Amounts already paid or otherwise settled between January 9, 2024 and the law’s entry into force may be refunded, while the tax authority may no longer issue assessment decisions for the covered liabilities.

Eligible businesses may obtain relief from historical VAT assessments and recover qualifying amounts already paid, improving liquidity and reducing exposure to ancillary charges. Companies should verify the legal basis for their VAT deregistration, identify covered periods and prepare the documentation required for reimbursement; the relief does not extend to intentional tax fraud.