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Legal News
ROMANIAN DRIVING LICENSES FOR FOREIGN...
The Romanian Government passed, in September, Government Ordinance no. 21/2014; which changes the rules under which foreign citizens can obtain a driving license and the proof of domicile and residence that such foreign citizens must [...] Read more
18 September 2014
UNFAIR COMPETITION: NEW RULES
During summer, Law no. 11/1991 on unfair competition was amended by Government Ordinance no. 12/2014 and at present all changes brought to this law have entered into force. Read more
11 September 2014
FINANCIAL AIDS FOR COMPANIES CREATING...
The Romanian State continues its policy of encouraging regional investors. Thus, companies creating new jobs in order to develop certain regions may receive a financial aid from the State, as per Government Decision no. 332/2014, [...] Read more
26 June 2014
NEW CONSUMER PROTECTION RULES
The Romanian State has recently passed Emergency Ordinance no. 34/2014 transposing Directive 2011/83/CE on consumer rights, in order to avoid receiving a severe fine from the European Court of Justice for failing to transpose the [...] Read more
19 June 2014
PURCHASING AGRICULTURAL LANDS IN ROMA...
As of January 1, 2014, Romania gave the green light to the purchase of agricultural lands by citizens of the European Union/European Economic Area or of the Swiss Confederation. Read more
13 June 2014
NEW PROVISIONS IN LABOUR LAW
New labour law and social law provisions have come into force in June. These new provisions refer to daily workers and are fairly important. Read more
5 June 2014
NEW AMENDMENTS BROUGHT TO THE FISCAL ...
These recent amendments are mainly related to the calculation of the 1.5% tax on special buildings and the exemption from the tax on profits reinvested in technological equipment; hereinafter you can find a brief description [...] Read more
29 May 2014
HEALTH CARDS
The CNS certifies the fact that its holder (who has to be at least 18 years old) is insured within the Romanian healthcare insurance system and thus can benefit from medical services on Romanian territory. Read more
22 May 2014
EUROPEAN ELECTIONS IN ROMANIA
On May 25, 2014, French citizens living in Romania, registered on special electoral rolls have the opportunity to elect their representatives in the European Parliament. Read more
16 May 2014
TAX INSPECTION FOR NATURAL PERSONS
Tax inspections for companies are very common. Nevertheless, the tax authorities can also verify the revenues obtained by natural persons at any time. Read more
25 April 2014
CHEQUES AND PROMISSORY NOTES
At the end of 2012, we provided you a series of articles on the different means of guaranteeing receivables. Among these, we mentioned cheques and promissory notes as payment instruments that can secure the execution [...] Read more
3 April 2014
NEW FISCAL RULES STARTING FROM MARCH ...
In order to transpose several European regulations, the Romanian fiscal provisions were amended once more following the issue of Government Ordinance no. 8/2014. This Ordinance has amended the Fiscal Code and the Code of Fiscal [...] Read more
11 March 2014
CORPORATE WASTE MANAGEMENT
Recycling, processing, valorising or eliminating waste are important obligations for the EU member states, aiming at insuring a safe environment. Read more
26 February 2014
NEWS ON INSOLVENCY PROCEEDINGS
Frequently, the State has issues in recovering its receivables from companies, especially from companies who no longer have the financial resources necessary to pay their debts and who become subject to insolvency proceedings. Read more
19 February 2014
FINANCIAL STATEMENTS FOR 2013: A BRIE...
2013 has just finished and companies have to close their accounts, unless they have chosen a fiscal year different from the calendar year. Read more
12 February 2014