Fiscal procedures / administration

08.02.2013 ZF English


Non-binding rulings, advance tax rulings (ATRs) and advance pricing agreements (APAs) are available.

Statute of limitations

The statute of limitations period is 5 years, starting from 1 January of the year following the year when the tax obligation arose. However, in the case of fraud, the statute of limitations can be extended to 10 years, starting from the date when the criminal offence occurred.  The statute of limitations is suspended during a fiscal inspection period.

Interest and late-payment penalties

A combined system of late-payment interest and penalties is currently applicable:

  • interest of 0.04% per day of late-payment.
  • penalties of 0.02%[1] per day of late-payment.

[1] Applicable starting 1 July 2013; previously, the following penalties were applicable:
(i) 0% of the outstanding liabilities were settled within 30 days from the due date.
(ii) 5% if the settlement is performed within the following 60 days.
(iii) 15% if the settlement is performed more than 90 days after the due date.


Source: KPMG - Investment in Romania report (May 2013)

, business
, taxation

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