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Romania Provides Further Support for COVID-19

|Approved Changes|Romania
Romania

Romania's Ministry of Finance has announced its decision on 25 March 2021 to provide further measures to support businesses in light of COVID-19. Measures include:

  • A further 90-day exemption from the specific tax for businesses in the HORECA (Hotel, Restaurants, Catering) sectors from 1 April 2021;
  • The extension of the deadline for submitting applications for budgetary obligation restructuring to 31 January 2022;
  • The extension of the period during which taxpayers can benefit from VAT refund…

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