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Please be aware that this resource is informational only, and many external factors, unique to your company might apply.
Each company must make their own decisions about how they meet their tax obligations.

Table of contents
  1. Keeping accounting records
  2. Keeping accounting records in electronic form
  3. Location of accounting records

Keeping accounting records

Businesses in Romania must keep accounting records such as receipts and invoices for five years, starting from 1 July of the year following the financial year when they were created or issued.

This requirement is set by Accounting Law no. 82/1991.

Table of contents
  1. Keeping accounting records
  2. Keeping accounting records in electronic form
  3. Location of accounting records

Keeping accounting records in electronic form

According to OMFP 2634/2015, accounting records can be kept in paper or electronic format. If paper records are digitised, companies don’t need to apply Law no. 135/2007 on electronic archiving.

Companies are free to decide where their records are stored, as long as they can be readily accessed by tax authorities when requested.

Location of accounting records

Companies with headquarters in Romania must store issued and received invoices on Romanian territory, including those issued by clients or third parties on their behalf.

Electronic invoices, however, can be stored abroad, provided the company ensures online access for Romanian tax authorities and notifies them of the storage location in advance.

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