The first accounting obligations of a newly registered company
What to do in the first 30 days after incorporation: accountant, tax vector, invoicing, e-Factura and the deadlines that forgive nothing.
Congratulations, your company is registered! Before the first contract, though, there are accounting and tax obligations with strict deadlines. Here they are, in the order you should handle them.
1. The accounting contract
Romanian accounting law requires books to be kept by qualified professionals — in practice, you need an accountant from month one. They will also file your returns and guide you through the rest of this list.
2. The tax vector
At registration you choose your tax regime (micro-enterprise or profit tax) and your VAT status. These choices can be changed later, but under strict rules and deadlines — worth discussing with your accountant before, not after.
3. Invoicing and e-Factura
Invoices are issued with a series and number set by internal decision. For B2B transactions, transmission through the national e-Factura system is mandatory — make sure you have access to the tax authority's virtual space (SPV) from the first month.
4. Employees — if you have them
Employment contracts must be registered in REVISAL at the latest one day before work starts. Form 112 for social contributions is filed monthly.
5. Monthly and quarterly deadlines
- the 25th of the month — the main deadline for returns and tax payments;
- the VAT return (if registered) — monthly or quarterly;
- micro/profit tax — quarterly;
- annual financial statements — usually by 30 May for the previous year.
Fines to avoid
Late filing brings fines even if the company has no activity — "zero" returns still must be filed. A tax calendar kept by your accountant removes the problem entirely.
If you want to start properly set up from day one, our accounting team takes over right after incorporation — with a fixed, written offer.
