By Raphael Michilis
Romanian Ministry of Communications have teamed up with the Ministry of Finance
and NAFA (the National Agency for Fiscal Administration) to launch an e-invoice
pilot project that will allow businesses to file for VAT reimbursement via
internet.
The
new service will provide Romanian companies with online forms supposed to
facilitate VAT recovery.
The system will allow real-time validation of each value completed in the forms, eliminating possible errors and excluding the Finance department from the process.
The system will allow real-time validation of each value completed in the forms, eliminating possible errors and excluding the Finance department from the process.
“A
form with a validation of fields filled with a flowchart on the back can only
be a sign of fairness. We want to eliminate things that annoys everyone, to
eliminate the things that can be interpreted so, and so by officials” said Dan
Nica, Romanian minister of communications.
The
Romanian e-invoicing project will cost approximately € 3m to its
financier, the EU, and will involve about 100.000 companies.
“We
do not want a pilot project with 10 companies, but have 100,000 companies in
the pilot. We want SMEs to be involved in this project. We hope to start this
project immediately,” said Nica.
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