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Legal News
JOINT FISCAL LIABILITY : RULES APPLIC...
Order no. 127/2014, passed in February 2014 by the Romanian tax authority, establishes the procedure according to which tax authorities could ask a joint debtor to pay the fiscal debts of the main debtor towards [...] Read more
16 October 2014
FINANCIAL AIDS FOR MAJOR INVESTMENTS
After having implemented, this summer, a State aid for companies which create new jobs in order to encourage the development of certain regions, the Romanian Government has recently passed Decision no. 807/2014; this Decision grants [...] Read more
9 October 2014
PARENTAL LEAVE ALLOWANCE
After maternity leave, one of the parents may benefit from a parental leave for children aged between 1 and 2 years, respectively 3 years if the child is disabled. Read more
2 October 2014
LABOUR LAW: REDUCTION OF SOCIAL SECUR...
Social security contributions paid by Romanian employers corresponded, until September 2014, to two thirds of the total contribution paid to the social security budget. Read more
25 September 2014
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