By Law 30/2019 approving Government Emergency Ordinance no. 25/2018 regarding the amendment and supplementing of certain normative acts, as well as approving certain fiscal-budgetary measures, starting with 1 January 2019, article 291 paragraph (3) letter c), point 3 of the Fiscal Code has been amended; namely the conditions under which one may benefit from the reduced VAT quota (i.e., 5%) have changed.
According to the new regulation, the provisions according to which one could benefit from the reduced quota only once have been eliminated, and thus, now the acquisition of several pieces of real estate with the same VAT quota of 5% is possible.
For more information on this matter, please see the leaflet prepared by Letitia Silaghi, Senior Associate of our Romanian team.