The Romanian government decided to change the VAT collection system at the request of the European Commission, to avoid infringement proceedings.
The payment of VAT upon cashing in invoices instead of upon issuance for companies with annual turnover lower than 2.25 million lei (EUR0.5 million) was introduced on January 1, 2013. On the other hand, the VAT payment must be made in 90 days after invoice issuance.
Romania will eliminate the system in January 2014. (EUR1=RON4.4331)