Annual Reporting
ANAF submission by January 31st each year
What is DAC7?
DAC7 (EU Directive 2021/514) is a European Union directive that requires digital platform operators to collect and report certain information about sellers (Partners) who use their platforms to provide services or sell goods. In Romania, DAC7 was transposed into national law through OG 16/2023 (Government Ordinance 16/2023). As a digital platform connecting service providers (Partners) with clients, Nottral is classified as a Reporting Platform Operator and is legally required to collect specific data from Partners and submit annual reports to ANAF (Agenția Națională de Administrare Fiscală — the Romanian National Agency for Fiscal Administration).
Who is Affected?
DAC7 reporting obligations apply to all Partners (businesses) registered on Nottral who meet either of the following thresholds during a calendar year:
- More than 30 transactions (completed appointments) in a calendar year
- Total revenue exceeding EUR 2,000 (or RON equivalent) in a calendar year
Even if you do not meet the thresholds above, Nottral is still required to collect your data for verification purposes. Partners below the thresholds will not be included in the annual report to ANAF.
Data Collected Under DAC7
Nottral collects the following information from all Partners to comply with DAC7 reporting requirements:
| Data Field | Purpose | Required By |
|---|---|---|
| Legal name and trade name | Identification of the seller/partner | DAC7 Art. 8ac(2)(a) |
| CUI (Cod Unic de Inregistrare) | Tax identification number | DAC7 Art. 8ac(2)(b) |
| IBAN (bank account) | Financial account identification | DAC7 Art. 8ac(2)(d) |
| Registered business address | Jurisdiction and residency determination | DAC7 Art. 8ac(2)(c) |
| VAT registration status | Fiscal classification | OG 16/2023 Art. 5 |
| Revenue and transaction count | Threshold verification and annual reporting | DAC7 Art. 8ac(3) |
How Your Data is Used
The data collected under DAC7 is used exclusively for the following purposes:
- Annual reporting to ANAF (due by January 31st of each year, covering the previous calendar year)
- Verification of reporting thresholds (transaction count and revenue)
- Cross-border information exchange between EU member state tax authorities
- Compliance with Romanian fiscal legislation (OG 16/2023, Codul Fiscal)
Under Romanian accounting law (Law 82/1991) and fiscal legislation, DAC7-related data must be retained for a minimum of 10 years from the end of the reporting period. This retention period supersedes the standard GDPR data retention periods for fiscal compliance data.
Partner Obligations
As a Partner on the Nottral platform, you are required to:
- Provide accurate and complete DAC7-required information during registration and whenever requested
- Update your fiscal profile within 30 days of any changes (e.g., new IBAN, VAT registration, address change)
- Respond to data verification requests from Nottral within the specified timeframe
- Ensure your CUI and IBAN are valid and correspond to your registered business entity
- Notify Nottral immediately if your business ceases operations or changes its legal structure
Failure to provide or update required DAC7 information within 30 days of a request may result in temporary suspension of your account and reporting to ANAF with incomplete data, which may trigger a fiscal audit.
Reporting Timeline
Nottral follows the DAC7 reporting calendar mandated by Romanian law. The reporting period covers each calendar year (January 1 — December 31). Nottral must submit the annual report to ANAF by January 31st of the following year. Partners will receive a notification each December reminding them to verify and update their fiscal profile before the reporting deadline. If corrections are needed after submission, Nottral will file amended reports as required by ANAF procedures.
Contact & Support
For questions about DAC7 compliance, fiscal reporting, or your data obligations, please contact us:
| Channel | Details | Response Time |
|---|---|---|
| Fiscal Compliance | [email protected] | Within 5 business days |
| General Support | [email protected] | Within 48 hours |