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Legal News
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
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 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
COMPANIES: SIMPLIFICATION OF FORMALITIES
Companies’ law no. 31/1990 has been substantially amended at the beginning of this July which resulted in more flexible proceedings of incorporation of companies. Read more
8 July 2020
DIGITALISATION: CONNECTING ELECTRONIC...
Starting with July 1, 2020, electronic cash registers shall be connected at NAFA’s servers, which is indeed a first in Romania, a very important turning point in the process of digitization of the administration. Read more
30 June 2020
LABOR LAW : NEW MEASURES TO SUPPORT E...
Part of the support package for companies whose activity has been impaired by the Covid-19 pandemic, the State has adopted under the GEO no. 70/2020 and the GEO no. 92/2020 certain measures aimed to encourage [...] Read more
12 June 2020
FISCAL POLICY: ONLINE PAYMENT OF TAXE...
The measures aimed at containing the spread of the virus COVID-19 speed up the digitization process of the public administration. In line with such speeding, the National Agency for Fiscal Administration (NAFA) has announced the [...] Read more
27 April 2020
COVID19: TOUGHER SANCTIONS FOR INFRIN...
In the context of the development of the COVID-19 pandemic and of the stringency to contain the soaring spread of the virus, the Government has adopted the GEO no. 34/2020 whereby sanctions for inobservance of [...] Read more
2 April 2020
COVID-19: ECONOMIC AND FISCAL & BUDGE...
The Emergency Ordinance of the Government no. 29/2020 on certain economic and tax & budgetary measures aimed at mitigating the negative effects on the economy caused by the COVID-19 pandemic has been published in the [...] Read more
26 March 2020
THE CERTIFICATE OF EMERGENCY SITUATIO...
The Ministry of Economy, Energy and the Business Environment has issued the procedure to be followed by the companies whose activity is impacted upon by the effects of the pandemic of SARS CoV-2 in order [...] Read more
26 March 2020
PUBLIC PROCUREMENT: NEW AMENDMENTS
The legal framework governing public procurement procedures has recently been subject to amendments under the Emergency Ordinance of the Government no. 23/2020, published in the Official Gazette no. 101 from February 12, 2020. The adopting [...] Read more
19 March 2020
TELEWORK OR REMOTE WORK … ?
Telework or remote work, which may also include working from home, is one of the main options for companies when it comes to the measures to be taken for stopping the spread of the coronavirus [...] Read more
19 March 2020
INCOME TAX - EMPLOYEE AND EMPLOYER’S ...
Please find below a summary of the income tax and social security contributions in 2020, which remain at the same level as in 2019. Read more
10 February 2020
MERGER BY ACQUISITION: SOME LEGAL ASP...
Are you a business owner seeking to increase your market share, to develop your business or tackle a challenge of the market? Merger by acquisition may be the right answer for the future of your [...] Read more
10 February 2020
THE PART-TIME EMPLOYMENT CONTRACT: NE...
Starting from January 2020, the provisions imposing a surcharge upon employers on part-time employment contracts have been removed under the Law no. 263/2019, published in the Official Gazette 1054/2019. Read more
10 February 2020