Romania’s Law No. 141/2025 on fiscal-budgetary measures, published in Official Gazette No. 699 of 25 July 2025, amends the Fiscal Code effective 1 August 2025, increasing the standard VAT rate from 19% to 21%. Further, the two reduced VAT rates (5% and 9%) are merged into a single 11% reduced rate.
The 21% rate will apply to all supplies currently taxed at 19 % and to several items that were hitherto taxed at 9%, including:
- Veterinary medicines;
- Seeds, plants and certain ingredients for foo…