Romania's Ministry of Finance has published the Draft Ordinance amending and supplementing Law No. 227/2015 on the Fiscal Code, which provides for the implementation of measures to comply with EU VAT law, including the introduction of the EU small business scheme for cross-border supplies in accordance with Council Directive (EU) 2020/285 of 18 February 2020. This essentially provides that a taxable person established in another EU Member State can apply the VAT registration exemption for sm…