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KURZARBEIT IN ROMANIA: NEW RULES

KURZARBEIT IN ROMANIA: NEW RULES

The Romanian legislative framework (the GEO no 132/2020) setting up the famous German scheme "kurzarbeit", which allows employers to reduce, under certain conditions, the working time of employees and employees affected by this measure to [...] Read more

8 April 2021
SOIL QUALITY CERTIFICATE: INCREASED OBLIGATIONS OF LANDOWNERS

SOIL QUALITY CERTIFICATE: INCREASED O...

Law 246/2020 on the use, preservation and protection of soils was adopted aims not only to establish a unitary framework of measures and actions to prevent soil degradation, but also to diminish the areas of [...] Read more

1 April 2021
SALE-PURCHASE OF AGRICULTURAL LAND LOCATED OUTSIDE BUILT-UP AREAS

SALE-PURCHASE OF AGRICULTURAL LAND LO...

The Law no. 175/2020, amending and supplementing the Law no.17/2014 on the sale of agricultural land located outside built-up areas comes, indeed, with certain restrictions related to the preemption rights in case of transfer of [...] Read more

11 March 2021
STATE OF ALERT: ENTRY INTO ROMANIA OF REPRESENTATIVES OF ECONOMIC OPERATORS

STATE OF ALERT: ENTRY INTO ROMANIA OF...

In line with the practice of other European countries, starting with February 12, 2021, at 00:00 o’clock, people arriving from countries / areas / territories with high epidemiological risk have the obligation to produce upon [...] Read more

12 February 2021
CROSS-BORDER POSTING OF WORKERS

CROSS-BORDER POSTING OF WORKERS

The national legislative framework regulating the posting of employees as part of the cross-border service provision, represented by law no 16/2017, has been subject to significant changes in 2020, by the adoption of law no. [...] Read more

3 February 2021
THE MINIMUM GROSS SALARY AT THE NATIONAL LEVEL IN 2021

THE MINIMUM GROSS SALARY AT THE NATIO...

The minimum gross salary at the national level increased as of January 13, 2021, from 2,230 Lei per month (approximately 467 Euros) to 2,300 Lei per month (approximately 482 Euros) for a full-time job of [...] Read more

14 January 2021
ONLINE PAYABLE ACCESS TO THE REGISTER OF BENEFICIAL OWNERS

ONLINE PAYABLE ACCESS TO THE REGISTER...

As of February 14, 2021, natural and legal persons may inquire the Register of the Beneficial Owners held by the National Trade Registry (ONRC), without the obligation to prove a legitimate interest in this regard, [...] Read more

8 January 2021
THE MAIN LEGISLATIVE AND TAX CHANGES IN FORCE IN 2021

THE MAIN LEGISLATIVE AND TAX CHANGES ...

The New Year comes with many legislative and fiscal changes but also with some extended deadlines aimed mainly at supporting the economic activity of companies, in the context of the COVID-19 pandemic. Read more

7 January 2021
LEGAL HOLIDAYS IN 2021 IN ROMANIA

LEGAL HOLIDAYS IN 2021 IN ROMANIA

A summary of the legal holidays in 2021, in view of the provisions contained in the Romanian Labour Code. Read more

21 December 2020
KURZARBEIT IN ROMANIA : NEW RULES

KURZARBEIT IN ROMANIA : NEW RULES

The Covid-19 crisis has entailed certain important changes in labor law in Romania, which are not so easy to actually implement. Read more

14 December 2020
COMPANIES LAW: NEW LEGAL PROVISIONS

COMPANIES LAW: NEW LEGAL PROVISIONS

The law n ° 223/2020 aimed at simplifying and smoothing the transfer of shares and the payment of share capital, published in the Official Journal n ° 1018 of November 2, 2020, entered into force [...] Read more

25 November 2020
KURZARBEIT: NEW MEASURES FOR EMPLOYEES AND THEIR EMPLOYERS

KURZARBEIT: NEW MEASURES FOR EMPLOYEE...

In the context of the economic crisis caused by the Covid-19 pandemic, the Government has recently adopted new measures intended to protect employees and employers and which aim, on the one hand, to stimulate employment, [...] Read more

31 August 2020
ULTIMATE BENEFICIAL OWNER: NEW AMENDMENTS

ULTIMATE BENEFICIAL OWNER: NEW AMENDM...

Government Emergency Ordinance No. 111/2020 on amending and supplementing Law No. 129/2019, is the result of intense debates between legal professionals and recipients of Law No. 129/2019 on the prevention and combating of money laundering [...] Read more

24 July 2020
INSOLVENCY PROCEEDINGS: NEW RULES

INSOLVENCY PROCEEDINGS: NEW RULES

The Law n° 113/2020, published in the Official Gazette no. 600/2020, introduces some important changes of the Law no. 85/2014 on insolvency prevention and insolvency proceedings. Read more

23 July 2020
BENEFICIAL OWNER: RELIEF ON DECLARATIVE BUREAUCRACY

BENEFICIAL OWNER: RELIEF ON DECLARATI...

The Law no. 129 from July 11, 2019 on the prevention and fight against money laundering and terrorist financing was subject to some important alteration aiming at easing excessive bureaucracy implemented at fist. Read more

9 July 2020

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