Business
Romanian companies exempt from half-year accounting reports for 2026
Romanian companies will no longer be required to prepare and submit half-year accounting reports as of 30 June 2026, the Ministry of Finance has announced.
The measure applies to 2026 only and is aimed at simplifying reporting requirements and reducing administrative burdens for businesses, without affecting annual reporting obligations provided by law.
The decision targets economic operators regulated by the Ministry of Finance and removes an additional accounting reporting obligation that, in recent years, had been required alongside annual financial statements.
“Companies need clear rules and fewer administrative obligations that consume time without bringing real value. For 2026, we are eliminating half-year accounting reporting, without affecting the annual reporting required by law. It is a simple but necessary measure: less bureaucracy for the business environment and a more predictable relationship between companies and the tax administration,” said Alexandru Nazare, Minister of Finance.
Under Accounting Law no. 82/1991, the Ministry of Finance may request accounting reports for periods other than the annual reporting period during the financial year, for entities that recorded turnover above the RON equivalent of EUR 1 million at the end of the previous financial year.
For the coming years, the need for half-year accounting reporting will be reassessed by the authorities involved in the accounting reporting process.
Tags:accounting reports, finance ministry, romanian companies
