News
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
30-DAY EXTENSION OF THE STATE OF ALER...
The state of alert in Romania has been extended with 30 more days as of Wednesday June 17, 2020, under a Decision of the Government. New easing lockdown measures have also been announced under the [...] Read more
17 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
IMM INVEST ROMANIA: LIGHTER ACCESS CO...
The GEO no 89/2020 published in the Official Gazette no. 458 of May 29, 2020 comes with a new legislative framework aimed at simplifying and easing access to financing for SMEs under the program IMM [...] Read more
5 June 2020
NRCC WEBINAR: A TIME TO CONSOLIDATE Y...
We will focus on the main threats and trends noticed during the pandemic regarding GDPR Compliance and public procurement processes from a supplier/tender perspective. The new normal of operating under lockdown is giving companies the [...] Read more
4 June 2020
THE STATE OF ALERT: NEW RULES FOR THE...
The state of alert being declared in Romania and the entering into force of the Law 55/2020 come with new rules on the collective proceedings. The law comes with some derogation from the provisions of [...] Read more
25 May 2020
CORPORATE LAW: REMOTE ASSEMBLING
Covid times proved challenging for companies seeking to physically gather stakeholders / shareholders for holding annual Meetings and thus observe their legal obligations. When it comes to remote assembling, not all companies had this provided [...] Read more
18 May 2020
STATE OF ALERT ….WHAT IS NEW ?
The state of alert being declared in Romania on May 14 entailed new restrictive measures and new rules to be complied with set under the Decision of the National Committee for Emergency Situations no. 24/2020, [...] Read more
18 May 2020
COVID-19 – THE STATE OF ALERT AND ITS...
Romania is about to take the next step in the fight against the coronavirus disease (Covid-19). The state of emergency declared on March 16 is most likely to be replaced on May 15 by a [...] Read more
11 May 2020
COVID-19: EUROPEAN GUIDELINES TO GET ...
The European Commission published on April 24 some good practice Guidelines for getting back at the workplace, a Guide aimed at helping employers and employees to stay safe and healthy in a working environment that [...] Read more
30 April 2020
COVID-19 : STATE GUARANTEES FOR SMES’...
The financial mechanism for the transfer of the amounts accounting for subsidies granted by the State to companies under the State aid scheme, part of the relief package for supporting SMEs in the context of [...] Read more
29 April 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
DIGITIZATION: ELECTRONIC COMMUNICATIO...
The restrictions imposed by the State in the context of the COVID-19 pandemic have resulted in a speed up of digitization of the exchange of documents between the economic operators and the Romanian public authorities. Read more
23 April 2020
THE DEADLINE FOR FILING THE ANNUAL FI...
The GEO no. 48 published in the Official Gazette 319 as of April 16, 2020 brought by a new, extended deadline for filing the annual financial statements. Thus, companies shall file the annual financial statements [...] Read more
23 April 2020