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NEW MINIMUM SALARY STARTING WITH OCTO...
The Government approved the increase of the basic gross minimum salary at the country level, which, starting with October 1st, 2023, goes from 3,000 to 3,300 lei per month. Read more
3 October 2023
TAXATION: NEW TAX REGIME FOR MICRO-EN...
The government has proposed significant changes to the tax regime for micro-enterprises by passing a bill through the procedure of assuming responsibility in Parliament. Read more
26 September 2023
INCOME TAX EXEMPTION IN THE IT FIELD ...
Under the law draft on tax measures for ensuring Romania’s long term financial sustainability tabled for public debate by the government, the income tax exemption on salaries and other salary-related income for employees in the [...] Read more
22 September 2023
TAX BENEFITS IN THE CONSTRUCTION, AGR...
The income tax exemption (10%) granted to the employees in the constructions field, food and agriculture will be maintained for incomes under 10,000 Lei (around 2,000 euros) whereas the health insurance exemption (in Romanian CASS, [...] Read more
22 September 2023
CONSTRUCTPLUS : FINANCING FOR THE PRO...
Starting with July 7, 2023, the date of entry into effect of the GEO no. 68/2023, companies operating in the construction materials production sector may be eligible to receive state aid of up to 50 [...] Read more
17 July 2023
TAX INCENTIVES: NEW REGULATIONS IN TH...
The procedure for granting tax incentives in the construction field enacted under the Order of the Ministry of Finances no. 1528/2022 was modified by the Order no. 2044/2023 Read more
13 July 2023
LABOR LAW: NEW LEGAL PROVISIONS FOR E...
The Law no. 179/2023 extended from 7 to 12 the age of children whose parents qualify for being granted leave and pay of an allowance to take care of a sick child. Read more
5 July 2023
PRODUCT SAFETY: NEW OBLIGATIONS FOR T...
Consumer products placed or sold on the EU market, both through traditional stores or through means of distance or online sale, will be subject to stricter safety requirements starting with December 13, 2024, Read more
29 June 2023
FDI: EU-INVESTMENTS INCLUDED IN THE S...
The Law 164/2023 published in the Official Journal 495 of June 7, 2023, extends the scope of the screening of foreign direct investments to include, in certain conditions, FDI over EUR 2 MM by EU-investors. Read more
20 June 2023
TAX EVASION: CROSS-BORDER CRIMES PUNI...
Cross-border fraudulent act consisting in the use, submission of false tax returns or non-disclosure of VAT-related information resulting in a loss of at least 10 Mln euros for the EU budget are crimes incurring up [...] Read more
6 June 2023
GRUIA DUFAUT LAWYERS ASSISTED GROUPE ...
The Gruia Dufaut Law Office assisted Groupe Atlantic, through the acquisition process of land and industrial premises in the PWP BUCHAREST NORTH industrial park from Ariceștii Rahtivani, Prahova County, in order to start manufacturing HVAC [...] Read more
29 May 2023
AGRICULTURAL LAND: NEW CONDITIONS FOR...
Landowners or their heirs whose lands were unlawfully taken over by agricultural production cooperatives, therefore non-registered, who do not have title deeds issued under the law, may apply therefor to the City Hall Read more
25 May 2023
REPORTING OF AGRICULTURAL AND FOOD PR...
Agricultural producers, depositaries, processers, and retailers in the Romanian agro-food sector are bound to monthly reporting of the stocks of agricultural food products to the Ministry of Agriculture and Rural Development, under the new Law [...] Read more
25 May 2023
HOW THE RULES CHANGED IN TERMS OF BUI...
The building regulations in force regarding the authorization and performance of construction works, especially the Law no. 10/1995 and the Law no. 50/1991 have been subject to major changes since 2022 and up to date. Read more
10 May 2023
SALE AND LEASE-BACK TRANSACTION: A ST...
« Sale and leaseback » is a financial strategy involving the sale of an asset, which is subsequently leased back for a determined term. Read more
12 April 2023