News
THE MINIMUM GROSS SALARY IN 2025
The minimum basic gross salary at the national level will increase January 1, 2025, rising from 3,700 lei (approx. €744) to 4,050 lei per month (approx. €814) for a monthly working time of 165.334 hours, [...] Read more
18 December 2024
PUBLIC HOLIDAYS IN 2025
In accordance with the provisions of the Romanian Labor Code, employees are entitled to a certain number of public holidays each year. Read more
16 December 2024
DEFENCE AND SECURITY PROCUREMENT: KEY...
In the current security context and in line with Romania's national strategy to modernize the military and enhance production capacities in the defence industry, a new domestic legislative framework for operations related to defence and [...] Read more
12 December 2024
COMPANY LAW: MODIFICATIONS REGARDING ...
New modifications and supplements to the Companies Law no. 31/1990 have been enacted under the Law no. 299/2024, published in the Official Gazette no. 1212 of December 3, 2024. The newly enacted regulations come into [...] Read more
5 December 2024
LABOR LAW: EXPLORING SALARY-EXTRAS – ...
Romanian employers can grant to their employees a variety of tickets and vouchers, in compliance with the national legislation. Such salary extras are benefits abiding by differentiated tax regimes and regulated under specific normative acts, [...] Read more
20 November 2024
EU: NEW OBLIGATIONS FOR COMPANIES WIT...
On July 25, 2024, entered into force the Directive on corporate sustainability due diligence (Directive 2024/1760). Read more
2 October 2024
FISCALITY: THE NEW TAX AMNESTY
egal persons, self-employed persons (PFA), legal persons carrying out independent activities or liberal professions, including non-profit entities may benefit of the tax amnesty and the bonuses granted under the GEO no. 107/2024 for regulating some [...] Read more
24 September 2024
RESTRUCTURING vs INSOLVENCY
Facing increasing financial pressure, many companies are forced to choose between restructuring or insolvency proceedings. Read more
19 September 2024
ECODESIGN FOR SUSTAINABLE PRODUCTS : ...
Starting with 2026, product placement on the EU market shall be subject to producing a digital passport to prove that minimum ecodesign requirements are met and providing information about the characteristics of the product, its [...] Read more
28 August 2024
AI : THE FIRST EUROPEAN REGULATION TO...
The regulation EU 2024/1689, laying down rules on artificial intelligence (AI) was published in the Official Gazette of the EU on July 2024. The regulation came into effect on August 1, 2024, and is mandatory [...] Read more
21 August 2024
THE ELECTRONIC SIGNATURE: NEW LEGAL R...
Law No. 214/2024 on the use of electronic signatures, published in the Official Gazette on July 8, 2024, introduces significant changes to the regulations governing electronic signatures and electronic seals. Read more
13 August 2024
SPONSORSHIP / PATRONAGE: THE PROCEDUR...
The new procedure approved by ANAF Order No. 3562/2024 and published in Official Gazette No. 643 on July 5, 2024, establishes the rules that profit taxpayers must follow to redirect part of their profit tax [...] Read more
22 July 2024
TRANSPORT: MONITORING ROAD TRANSPORT ...
The Procedure for use and operation of the national system for monitoring the transport of goods, RO e-Transport, has recently been published in the Official Gazette no. 597 of June 27, 2024. Read more
4 July 2024
ENERGY: NEW PROCEDURE FOR AUTHORISING...
Foreign companies headquartered in an EU Member State can be granted the right to participate in the electricity and natural gas markets in Romania, provided they comply with the new procedure approved by ANRE Order [...] Read more
13 June 2024
INCREASE IN THE MINIMUM BASIC GROSS S...
The minimum basic gross salary at the national level will increase from 1 July 2024, rising from 3,300 lei (approx. €663) to 3,700 lei per month (approx. €744) for a monthly working time of 168 [...] Read more
12 June 2024