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From November 1st, the 5% quota is applied!

02 November 2018

It's official! Starting November 1, 2018, the VAT rate of 5% applies for certain categories of services. In the Official Gazette no. 854 of October 9, 2018 was published Government Emergency Ordinance 89/2018 regarding some fiscal-budgetary measures and amending and supplementing some normative acts. Starting with this date, the 5% quota applies for the following services: accommodation in the hotel sector or similar service sectors, including rental of camping grounds; restaurant and catering services, excluding alcoholic beverages other than beer falling within CN code 22 03 00 10; services consisting sharing fairs, amusement parks and recreational parks whose activities are inc


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