Abbreviated form of legal source(s)
● Min. Decree 423/2015
Description of support scheme
Min. Decree 423/2015 foresees that all energy efficiency interventions in buildings are subject to a reduced VAT.
Amount
Instead of 19% VAT, a 5% is applied (Min. Decree 423/2015).
Addressees
Building owners that carry out renovation works minimum 3 years after the building’s construction (Min. Decree 423/2015).
Procedure
The cost of work and the cost of materials is calculated separately. If the cost of materials is less than 50% of the total cost, then the reduced VAT is applied in both categories. If not, then the reduced VAT is applied only to the cost of work (Min. Decree 423/2015).
Competent authority
● MinFin