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NIS2 DIRECTIVE TRANSPOSITION: KEY OBL...
The Government Emergency Ordinance No. 155/2024, in force since December 31, 2024, transposes the European Directive 2022/2555 ("NIS2 Directive") into national law. Read more
26 March 2025
STOCK OPTION PLAN: A STRATEGIC TOOL F...
In a competitive business environment characterized by unpredictable economic dynamics, Employee Stock Option Plans become more and more popular within companies. Read more
13 February 2025
NEW TAX REGULATIONS FOR COMPANIES IN ...
Starting with January 1, 2025, entered into force the order of the Ministry of Finances no. 6830/2024, published in the Official Gazette no. 1332 of December 31, 2024, establishing the legal persons acting in the [...] Read more
23 January 2025
LABOR LAW: NEW OBLIGATIONS FOR EMPLOY...
Starting with January 1, 2025, the GEO no. 127/2024, establishes new reporting obligations for employers with more than 50 employees regarding the integration of disabled persons at work, in accordance with the Law no. 448/2006. [...] Read more
21 January 2025
THE MINIMUM GROSS SALARY IN 2025
The minimum basic gross salary at the national level will increase January 1, 2025, rising from 3,700 lei (approx. €744) to 4,050 lei per month (approx. €814) for a monthly working time of 165.334 hours, [...] Read more
18 December 2024
PUBLIC HOLIDAYS IN 2025
In accordance with the provisions of the Romanian Labor Code, employees are entitled to a certain number of public holidays each year. Read more
16 December 2024
DEFENCE AND SECURITY PROCUREMENT: KEY...
In the current security context and in line with Romania's national strategy to modernize the military and enhance production capacities in the defence industry, a new domestic legislative framework for operations related to defence and [...] Read more
12 December 2024
COMPANY LAW: MODIFICATIONS REGARDING ...
New modifications and supplements to the Companies Law no. 31/1990 have been enacted under the Law no. 299/2024, published in the Official Gazette no. 1212 of December 3, 2024. The newly enacted regulations come into [...] Read more
5 December 2024
LABOR LAW: EXPLORING SALARY-EXTRAS – ...
Romanian employers can grant to their employees a variety of tickets and vouchers, in compliance with the national legislation. Such salary extras are benefits abiding by differentiated tax regimes and regulated under specific normative acts, [...] Read more
20 November 2024
EU: NEW OBLIGATIONS FOR COMPANIES WIT...
On July 25, 2024, entered into force the Directive on corporate sustainability due diligence (Directive 2024/1760). Read more
2 October 2024
FISCALITY: THE NEW TAX AMNESTY
egal persons, self-employed persons (PFA), legal persons carrying out independent activities or liberal professions, including non-profit entities may benefit of the tax amnesty and the bonuses granted under the GEO no. 107/2024 for regulating some [...] Read more
24 September 2024
RESTRUCTURING vs INSOLVENCY
Facing increasing financial pressure, many companies are forced to choose between restructuring or insolvency proceedings. Read more
19 September 2024
ECODESIGN FOR SUSTAINABLE PRODUCTS : ...
Starting with 2026, product placement on the EU market shall be subject to producing a digital passport to prove that minimum ecodesign requirements are met and providing information about the characteristics of the product, its [...] Read more
28 August 2024
AI : THE FIRST EUROPEAN REGULATION TO...
The regulation EU 2024/1689, laying down rules on artificial intelligence (AI) was published in the Official Gazette of the EU on July 2024. The regulation came into effect on August 1, 2024, and is mandatory [...] Read more
21 August 2024
THE ELECTRONIC SIGNATURE: NEW LEGAL R...
Law No. 214/2024 on the use of electronic signatures, published in the Official Gazette on July 8, 2024, introduces significant changes to the regulations governing electronic signatures and electronic seals. Read more
13 August 2024