If you purchase promotion services from Facebook, Google, etc

bshorifa936

Mandatory links Romanian legislation obliges all online merchants to display the following links on the website they manage: ANPC (National Authority for Consumer Protection); ANSPDCP (National Supervisory Authority for the Processing of Personal Data; SOL (Online Dispute Resolution Platform). The display of these links should be in a visible and easily accessible section, where a link to the privacy and cookie policy, delivery and return policy is also included. 13.d. VAT registration If the annual turnover of the business exceeds 300,000 lei, you have the obligation to register for VAT purposes; even if the turnover is lower than the established ceiling, but you make certain purchases from outside Romania, for example you order products, pay for promotion services, etc., you have the obligation to register for special VAT purposes.



Following a request addressed to the ANAF agency in the county where you registered your Phone Number Data registered office, you will be issued a special intra-community VAT code. If you carry out import activities, it is necessary to communicate the intra-community VAT code to the supplier to be written on the invoice; within the European Union, the use of the VAT code allows the economic agent to benefit from VAT-exempt operations. If you purchase promotion services from Facebook, Google, etc., you will not need to pay VAT to the service provider, but you will have the obligation to reimburse the VAT rate related to the invoice of the Romanian state; in the month following the completion of the purchases, the specific declarations will be submitted and based on them you will pay the amount due.





If you make purchases from outside the European Union, you have the obligation to pay customs duties depending on the category of goods purchased; in order to carry out such activities, it is necessary to obtain an EORI number from the General Directorate of Customs . 14. The Romanian e-commerce market The e-commerce market in Romania has developed rapidly in recent years, especially with the establishment of the state of emergency caused by the Covid 19 virus. Due to the restrictions imposed by the Government, companies have gone digital a lot and moved their activity online ; also, the buying behavior of consumers has also changed significantly, they opting for online shopping, to the detriment of those in physical stores. According to statistical data published by www.statista.com , in the year 2023 e-commerce market sales are estimated to be 7.58 billion USD, with an annual growth rate of 13.49% and a total sales of 12.58 billion USD by 2027.