News
THE BENEFICIAL OWNER: NEW FILING DEAD...
Associations and foundations, as well as legal persons registered with the Trade Register have a new 90-day time lapse since the end of the state of alert in Romania to declare the beneficial owner to [...] Read more
2 December 2020
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
ROMANIAN BUSINESS WEEK ONLINE
We are delighted to announce our Partner Loredana van de WAART will be a speaker in this year’s Romanian Business Week online by Dutch Romanian Network Read more
18 November 2020
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
COVID-19 : NEW REGULATIONS ON QUARANT...
At the end of long controversies and public debates on the restrictive measures imposed by the Government in the context of the fight against the spread of the SARS-CoV2 virus, in particular with regard to [...] Read more
29 July 2020
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
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