Legal and natural persons who pay value added tax and provide services or deliver taxable goods in Romania will have to have a VAT account. This is an additional bank account, opened in lei and, if necessary, in foreign currency, through which customers will manage the VAT amounts for goods and services sold/purchased.

Anyone who is a VAT payer is required to have at least one VAT account open from 1 January 2018 (optional from 1 October 2017), according to Ordinance 23/2017.

If you are a BT customer, you can open on the spot a VAT accountfree of charge in any Banca Transilvania unit. 😊