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THE REGIME FOR APPROVAL OF NON-EU INVESTMENTS IN ROMANIA

THE REGIME FOR APPROVAL OF NON-EU INV...

The Emergency Ordinance of the Government no. 46/2022 (”GEO 46/2022”) harmonizes and corelates domestic law with the European law in screening foreign direct investments (”FDI”), Read more

14 December 2022
THE MINIMUM GROSS SALARY AND SOCIAL CONTRIBUTIONS AT THE NATIONAL LEVEL IN 2023

THE MINIMUM GROSS SALARY AND SOCIAL C...

Starting with January 1, 2023, the minimum gross salary at the national level increases from 2,550 Lei per month to 3,000 Lei per month. In the construction field, according to the GEO no. 168/2022, the [...] Read more

13 December 2022
2022: THE YEAR WHEN THE CVM BECAME HISTORY FOR ROMANIA

2022: THE YEAR WHEN THE CVM BECAME HI...

The report of the European Commission and of the Council on the progress of Romania within the Cooperation and Verification Mechanism (CVM) concludes that the country now meets the conditions for lifting the verification mechanism. [...] Read more

5 December 2022
INDUSTRIAL LICENSING : A STEP FORWARD IN SIMPLIFYING ADMINISTRATIVE PROCEDURES

INDUSTRIAL LICENSING : A STEP FORWARD...

A new legal and institutional framework, meant to expedite and simplify the licensing procedures – for obtaining licenses / authorizations / agreements / permits – required for carrying out an industrial activity in Romania, was [...] Read more

2 November 2022
LABOR CODE : THE RELATIONSHIP EMPLOYER - EMPLOYEE SUBJECT TO MAJOR CHANGES

LABOR CODE : THE RELATIONSHIP EMPLOYE...

The Law no. 283/2022, published in the Official Journal no. 1.013/2022, in force as of October 22nd, 2022, enacts significant changes to the Labor Code. Read more

27 October 2022
OVERVIEW OF THE MAIN LEGISLATIVE CHANGES IN PUBLIC PROCUREMENT

OVERVIEW OF THE MAIN LEGISLATIVE CHAN...

Some important changes have been brought to the legislation on public procurement, enacted in the Law no. 208 of July 11, 2022, published in the Official Gazette 697/2022. Read more

10 October 2022
RENEWABLE ENERGY: NEW RULES ON CAPACITY BUILDING

RENEWABLE ENERGY: NEW RULES ON CAPACI...

The legal framework on the regime of constructions that can be built on agricultural land located outside the built-up areas, and more specifically for installing renewable energy equipment on such lands, was modified this year [...] Read more

20 September 2022
TRADE REGISTER: EASED COMPANY INCORPORATION FORMALITIES

TRADE REGISTER: EASED COMPANY INCORPO...

As part of the digitization process of public services, new regulations on the formalities for incorporation of companies to the Trade Register were enacted under the Law n° 265 of July 22, 2022, published in [...] Read more

9 September 2022
REPRESENTATIVE OFFICES OF FOREIGN COMPANIES: IMPORTANT CHANGES RELATED TO THE REGISTRATION AND OPERATION THEREOF

REPRESENTATIVE OFFICES OF FOREIGN COM...

The legal framework regulating the registration and operation of representative offices of foreign economic entities was aligned to the economic and digital reality by the Ordinance of the Government no. 18/2022, published in the Official [...] Read more

29 August 2022
TAXATION: NEW RULES AS OF AUGUST 2022 AND JANUARY 2023

TAXATION: NEW RULES AS OF AUGUST 2022...

The Fiscal Code was subject to major changes enacted by the GO no. 16/2022 published in the Official Gazette no. 716 of July 15, 2022. Read more

28 July 2022
TAX INCENTIVES FOR EMPLOYEES ACTING IN FOOD AND AGRICULTURAL FIELDS

TAX INCENTIVES FOR EMPLOYEES ACTING I...

The procedures for granting tax incentives, benefitting the workers in the agricultural field and the food industry who have a 3,000 lei monthly minimum basic gross wage, were published early this July in the Official [...] Read more

27 July 2022
SALE OF AGRICULTURAL LAND LOCATED OUTSIDE THE BUILD-UP AREA : NEW LEGAL CHANGES

SALE OF AGRICULTURAL LAND LOCATED OUT...

New major changes of the legislation regulating the sale of agricultural land located outside the build-up area are enacted by the Emergency Ordinance of the Government no.104/2022, published in the Official Journal no. 657 of [...] Read more

14 July 2022
TECHNICAL UNEMPLOYMENT: NEW FACILITIES FOR COMPANIES AFFECTED BY THE CONFLICT IN UKRAINE

TECHNICAL UNEMPLOYMENT: NEW FACILITIE...

Government Emergency Ordinance no. 36/2022 establishes new social protection measures for employees, in the context of the conflict in Ukraine and of the international sanctions adopted against the Russian Federation and Belarus. Read more

18 May 2022
PUBLIC PROCUREMENT: NEW RULES ON CONTRACT PRICES REVIEW

PUBLIC PROCUREMENT: NEW RULES ON CONT...

The prices of public procurement / sectoral / concession contracts / framework agreements for products and services can now be revised upwards or downwards according to costs’ rise or fall as compared to the contract [...] Read more

20 April 2022
UKRAINIAN REFUGEES: EASIER WAYS TO HIRE IN ROMANIA

UKRAINIAN REFUGEES: EASIER WAYS TO HI...

In the context of the crisis caused by the war in Ukraine, the legislation on the hiring of Ukrainian citizens and they right to stay in the Romanian territory has been amended. Read more

22 March 2022

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