Electronical evidence of sales

In april a comletely new law No. 112/2016 Col. concerning the evidence of sales was enacted. This law introduces a new duty for companies accepting cash payments. In the future they have to inform the Financial ministery electronically about these payments.

This duty becomes effective on 1st december 2016 for hotels and restaurants. First from 1st march 2017 it concerns as well wholesale and minor dealing, and from 1st march 2018 it’s going to be basically valid for all departments.