5520
Short-term accommodation facilities for holidays and short periods
This code covers short-term rental of accommodation spaces such as apartments, villas, cabins, or studios, intended for tourists or travelers on vacation. Activities include managing reservations, cleaning between stays, and guest assistance, without providing full hotel services (e.g., restaurant or 24-hour reception). Ideal for property owners renting through platforms like Airbnb, Booking.com, or directly, for periods from a few nights to a few weeks.
Entrepreneur Profile
Acest cod este potrivit pentru persoane fizice autorizate (PFA), întreprinderi individuale (II) sau societăți cu răspundere limitată (SRL) care dețin una sau mai multe proprietăți pe care le închiriază turiștilor pentru perioade scurte. De asemenea, este util pentru administratorii de proprietăți care gestionează în numele proprietarilor închirierea pe termen scurt, precum și pentru investitorii imobiliari care doresc să obțină venituri din turism.
Who should avoid:
Avoid the exclusive use of code 5520 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.
Authorization procedure and Trade Register aspects for NACE 5520
For setting up a commercial company carrying out holiday or short-term accommodation activities (NACE 5520), the process begins at the Trade Register (ONRC) with the submission of the registration request. It is mandatory to mention the main object of activity exactly according to the NACE classification 5520 - Short-term accommodation facilities for holidays and short periods. The founding documents (company contract, additional act for LLC, etc.), proof of registered office (loan agreement, lease, or ownership deed) and the standard declaration on own responsibility according to Law 359/2004 are submitted. For operation, obtaining the classification certificate from the Ministry of Tourism is required, which attests to the comfort category and accommodation capacity. Also, within 30 days from registration, the tax registration declaration (fiscal vector) with NACE code 5520 and registered office is submitted to the Tax Authority (ANAF). Without these formalities, the activity cannot be legally carried out.
Regulatory framework, specific permits, and control institutions
In addition to the operating permit, operators must comply with fire safety regulations (ISU approval), the sanitary operating permit issued by the Public Health Directorate, and compliance with urban planning norms (building/demolition permit as applicable). Control institutions include the State Inspectorate for Construction, the Police (for tourist registration), and ANAF checks compliance with tax obligations. Any modification of the object of activity or registered data is notified to the ONRC and ANAF.
Fiscal management, ANAF audit risk, and specific accounting
For NACE 5520, accommodation income is subject to income tax (16%) for self-employed persons (PFA) or corporate tax (16%) for LLCs, with the possibility of applying the micro-enterprise tax for revenues under EUR 500,000. The VAT rate for accommodation is 9% (reduced rate) according to the Fiscal Code, applicable to classified buildings. Tax obligations include: monthly VAT return 300, declaration of payment obligations (100/112), and for authorized individuals - the single declaration. ANAF requires fiscal cash registers with electronic journal, and the RO e-Factura system is mandatory for invoices issued in B2B relationships. Audit risk: ANAF verifies the correct classification of accommodation periods (short-term) and compliance with the VAT rate. Specific accounting documents: the tourist register (mandatory), accommodation contracts, and collections. Strict separation of accommodation activity from other related services is recommended to avoid income reclassification and VAT adjustments.
Included Activities
- ✅ Renting of apartments, villas, cabins, studios and other furnished dwellings for short stays
- ✅ Managing reservations and check-in/check-out
- ✅ Cleaning and preparing the space between guests
- ✅ Basic guest assistance (tourist information, keys, etc.)
- ✅ Promoting and listing properties on online rental platforms
Excluded Activities
- ❌ Full hotel services (restaurant, room service, 24/7 reception)
- ❌ Long-term rental (over 30 consecutive days) - this falls under code 6820
- ❌ Hostel or guesthouse activities with meals included (codes 5510, 5530, 5590)
- ❌ Management of collective accommodation spaces (student dormitories, camps) - code 5590
Similar or Related CAEN Codes:
From the same category of economic activities:
Întrebări Frecvente
What permits are necessary to operate under NACE code 5520?
Depending on the locality, an operating permit from the municipality or a notification to the Tourism Directorate may be required. Also, you must register in the tourist registration system (e-Turist) and comply with fire safety and hygiene regulations. Check local regulations, as some cities impose restrictions on short-term rentals.
How are short-term rental incomes taxed?
Income can be taxed either as an individual (income tax + health/social contributions) or through an LLC (corporate tax or micro-enterprise). For self-employed individuals (PFA), a 10% income tax rate applies, plus social contributions. It is recommended to consult an accountant to choose the optimal tax form and to correctly declare the income.