Finance Ministry approves 2026–2028 business burden-cut plan

The Finance Minister has approved a 2026–2028 plan for removing excessive business requirements across the ministry's remit.E TAR Order No. 1K-309 of 7 October 2026E TAR, implementing Government Resolution No. 92 of 19 February 2025E TAR, lists measures in financial markets, taxation and customs, EU-fund investment and corporate reporting, with deadlines from the fourth quarter of 2026 to the fourth quarter of 2028E TAR and named owners for each.

In financial markets, the ministry's Financial Markets Policy Department is to draft amendments to the Law on Financial Institutions and the Law on Companies setting a single four-month time limit as laid down in the Law on Companies, by the fourth quarter of 2026. In taxation, the centrepiece is a Tax Administration Law amendment letting the State Tax Inspectorate (VMI) assess a tax liability itself where a filed return's data contradict the administrator's data and no corrected return is filedE TAR — the taxpayer would then no longer need to file the corrected oneE TAR — with an estimated burden reduction of 466,468 euros, also due in the fourth quarter of 2026.

Further tax measures due in the fourth quarter of 2026 include VMI-initiated deregistration of cash registers missing new technical requirements (about 3,000,000 euros), lighter justification duties for arm's-length loan terms, paperless inheritance-tax certification via data exchange between VMI and notaries, relaxed infrastructure requirements for customs presentation places, customs-declaration document fixes, an extended 12-day deadline (from 3 days) for submitting control results on rail wagons detached in transit under the upgraded National Transit Control System, and electronic-only DAS-4 residence certificates sealed electronically with no copy-count filings. Pre-filled personal income-tax returns merging resident GPM311 and non-resident FR0531/GPM314 forms, pre-filled corporate real-estate-tax returns and VMI-computed personal real-estate-tax returns for 2026 and later years follow in the first quarter of 2027; scrapping the FR0001 asset declaration for housing-aid applicants is set for the fourth quarter of 2027, with VAT-certificate application and automated AGRIM/AGREX and CATCH certificate checks at declaration lodging due in the fourth quarter of 2028.

For EU funds, the Central Project Management Agency is to cut low-risk on-site financial checks by at least 25 percent and speed activity reports and first advances by at least 15 percent by the third quarter of 2027, while the ministry's Investment Department sends simplification proposals for the 2028–2034 EU investment regulations — including payment for results achieved — to the European Commission by the fourth quarter of 2027. In reporting, draft amendments transposing Directive (EU) 2026/470 of 24 February 2026E TAR — significantly cutting the number of companies obliged to report on sustainability matters and simplifying sustainability reporting and assurance — go to the Government in the fourth quarter of 2026, with an estimated 2,290,536 euros of burden reduction. Progress reporting runs through the ministry's Organisational Development Division, which collects implementation information each year by 1 February for 2027–2029.

Legal basis: Finance Minister Order No. 1K-309 of 7 October 2026 approving the 2026–2028 plan for removing excessive business requirementsE TAR, implementing Government Resolution No. 92 of 19 February 2025.