Romania

Is there a legal rule in Romania on the validity period of Giftcards? ›

In Romania there is no specific legal rule on the validity period of Giftcards. Under the Civil Code, a general limitation period of three years applies. Merchants must clearly state the validity period.

How are Giftcards treated for tax purposes in Romania (VAT, single-purpose / multi-purpose)? ›

Romania implemented EU Directive 2016/1065. Single purpose Giftcards are taxed on issue, multi purpose Giftcards only on redemption.

What special rules apply in Romania to the sale, issuance, or redemption of Giftcards? ›

Giftcard sales are permitted and widespread in Romania. Electronic providers must comply with data protection rules and tax authority reporting obligations.

What consumer rights apply in Romania for expired Giftcards? ›

Giftcards expire after the stated expiry date. If no expiry date is stated, the consumer may request a reasonable extension.