• COVID-19: NEW MEASURES FOR EMPLOYEES AND THEIR EMPLOYERS Read More...
  • COVID-19 : NEW REGULATIONS ON QUARANTINE AND ISOLATION MEASURES

    COVID-19 : NEW REGULATIONS ON QUARANTINE AND ISOLATION MEASURES

    29.07.2020

    At the end of long controversies and public debates on the restrictive measures imposed by the Government in the context of the fight against the spread of the SARS-CoV2 virus, in particular with regard to the placement under quarantine and isolation of people, the Parliament adopted the Law n ° 136/2020 concerning measures in the field of public health, published in the Official Gazette n ° 634 of July 18, 2020.
    Read More...
  • ULTIMATE BENEFICIAL OWNER: NEW AMENDMENTS

    ULTIMATE BENEFICIAL OWNER: NEW AMENDMENTS

    24.07.2020

    Government Emergency Ordinance No. 111/2020 on amending and supplementing Law No. 129/2019, is the result of intense debates between legal professionals and recipients of Law No. 129/2019 on the prevention and combating of money laundering and terrorist financing.
    Read More...
  • INSOLVENCY PROCEEDINGS: NEW RULES

    INSOLVENCY PROCEEDINGS: NEW RULES

    23.07.2020

    The Law n° 113/2020 approving the GEO no. 88/2018, published in the Official Gazette no. 600/2020, which came into force on July 11, 2020 introduces some important changes of the Law no. 85/2014 on insolvency prevention and insolvency proceedings.
    Read More...
  • BENEFICIAL OWNER: RELIEF ON DECLARATIVE BUREAUCRACY

    BENEFICIAL OWNER: RELIEF ON DECLARATIVE BUREAUCRACY

    09.07.2020

    The Law no. 129 from July 11, 2019 on the prevention and fight against money laundering and terrorist financing was subject to some important alteration aiming at easing excessive bureaucracy implemented at fist.
    Read More...
  • COMPANIES: SIMPLIFICATION OF FORMALITIES

    COMPANIES: SIMPLIFICATION OF FORMALITIES

    08.07.2020

    Companies’ law no. 31/1990 has been substantially amended at the beginning of this July which resulted in more flexible proceedings of incorporation of companies.
    Read More...
  • ECONOMIC REVIVAL : INVESTMENT PROJECTS IN TRANSPORT, ENERGY AND HEALTH (I)

    ECONOMIC REVIVAL : INVESTMENT PROJECTS IN TRANSPORT, ENERGY AND HEALTH (I)

    02.07.2020

    The government has rolled out an economic revival plan, part of the support measures provided to companies in the context of the Covid-19 crisis, including subsidies for companies and maintaining work places, financial aids for companies’ setup, state guarantees and non-refundable funding programs aimed at increasing performance and digitalization.
    Read More...
  • 30-DAY EXTENSION OF THE STATE OF ALERT IN ROMANIA

    30-DAY EXTENSION OF THE STATE OF ALERT IN ROMANIA

    17.06.2020

    The state of alert in Romania has been extended with 30 more days as of Wednesday June 17, 2020, under a Decision of the Government. New easing lockdown measures have also been announced under the Decision of the Government no. 476 of June 16, 2020.
    Read More...
  • LABOR LAW : NEW MEASURES TO SUPPORT EMPLOYERS AND EMPLOYEES

    LABOR LAW : NEW MEASURES TO SUPPORT EMPLOYERS AND EMPLOYEES

    12.06.2020

    Part of the support package for companies whose activity has been impaired by the Covid-19 pandemic, the State has adopted under the GEO no. 70/2020 and the GEO no. 92/2020 certain measures aimed to encourage employers to maintain work places and continue, at the same time, to hire certain categories of people.
    Read More...
  • IMM INVEST ROMANIA: LIGHTER ACCESS CONDITIONS

    IMM INVEST ROMANIA: LIGHTER ACCESS CONDITIONS

    05.06.2020

    The GEO no 89/2020 published in the Official Gazette no. 458 of May 29, 2020 comes with a new legislative framework aimed at simplifying and easing access to financing for SMEs under the program IMM Invest Romania.
    Read More...
  • (Français) ENTRÉE EN ROUMANIE PENDANT L'ÉTAT D'ALERTE

    (Français) ENTRÉE EN ROUMANIE PENDANT L'ÉTAT D'ALERTE

    25.05.2020

    (Français) Selon les dispositions légales en vigueur, l'entrée en Roumanie des personnes arrivant de voyages internationaux, des citoyens roumains et de certaines catégories de citoyens d'autres États, est conditionnée par l'isolement / la quarantaine volontaire pour une période de 14 jours.
    Read More...
  • THE STATE OF ALERT: NEW RULES FOR THE COLLECTIVE PROCEEDINGS

    THE STATE OF ALERT: NEW RULES FOR THE COLLECTIVE PROCEEDINGS

    25.05.2020

    (Français) La déclaration de l’état d’alerte en Roumanie et l’entrée en vigueur de la Loi n° 55/2020 apportent de nouvelles règles dans le domaine de la procédure collective. Dans le contexte de la pandémie de Covid-19 qui a affecté profondément le milieu des affaires, la loi introduit certaines dérogations aux dispositions prévues par la Loi n° 85/2014.
    Read More...