News
CONSUMER PROTECTION: NEW RULES FOR RE...
In order to protect consumers intending to conclude a loan agreement for purchasing property, the Romanian Government recently passed Emergency Ordinance no. 52/2016 (published in Official Journal no. 727 of 20 September 2016 and which [...] Read more
4 October 2016LATEST LEGAL NEWS
Brief presentation of the changes regarding the establishment of tax residence in Romania and the increase of the number of public institutions subject to the transparency obligation provided by Law no. 544/2001. Read more
4 October 2016NEW FUNDING SCHEMES IN 2016
The Romanian government continues its efforts to encourage the development of investments in small and medium enterprises (SMEs), by passing a new State aid scheme, which will become operational in October 2016. Read more
4 October 2016SIMPLER PROCEDURES IN RELATION WITH T...
The Government passed in June Emergency Ordinance no. 41/2016 (published in Official Journal no. 490/2016), aiming at simplifying administrative procedures and facilitating relations between citizens and the administration. Read more
4 October 2016AWARD OF PUBLIC CONTRACTS: NEW RULE S
The legislative package aiming at modernizing public procurement procedures in Romania, by transposing the European Directives applicable to this sector, was recently passed by the Parliament and published in the Official Journal on May 23, [...] Read more
26 May 2016SOCIAL LAW: NEW PROVISIONS
As happens every year, the Ministry of Labor, Family and Social Protection established the value of meal and nursery tickets granted to employees by their employers Read more
19 May 2016LAW REGULATING THE TRANSFER IN LIEU O...
Law no. 77/2016 on the transfer in lieu of payment of certain immovable assets in order to pay-off a loan obligation was published in Official Journal no. 330 of April 28, 2016 and will enter [...] Read more
12 May 2016DANA GRUIA DUFAUT: INFRASTRUCTURE IS ...
Romania holds a strategic position on the three Pan-European transport corridors and this is an important enough factor to raise the investors’ interest. On the other hand, statistics show that Romania is now ranked among [...] Read more
29 April 2016LOREDANA VAN DE WAART: INVESTORS ARE ...
2015 market the recovery of the Romanian economy (a record-breaking year for M&A; the biggest number of real-estate deals after 2007, total revenues in the IT sector increased by more than 14%, the macroeconomic figures [...] Read more
29 April 2016EXTENDED DEADLINE FOR FILING TAX STAT...
In line with its usual practice, the Romanian Government amended again the Tax Code, this time by Emergency Ordinance no. 8/2016 (published in Official Journal no. 225/25.03.2016, in force as of 25.03.2016). Read more
31 March 2016SMOKING BAN: EMPLOYERS' OBLIGATIONS A...
The prohibition of smoking in closed public spaces, including those at the workplace, has already been in force since March 16, 2016. Most of the institutions concerned by this law already begun to comply with [...] Read more
24 March 2016TAX ON MIXED USE BUILDINGS
After having treated, last week, the tax on residential buildings, this week we present to you the provisions applicable to the tax on mixed use buildings, a popular issue following the changes brought to the [...] Read more
17 March 2016LEGAL ISSUES REGARDING THE PAYMENT OF...
The GRUIA DUFAUT Law Office organized on Thursday, March 10, 2016, at the Business Club of the Swiss-Romanian Chamber of Commerce (CCE-R), a presentation of the regime applicable to dividends distributed by a Romanian legal [...] Read more
10 March 2016TAX ON RESIDENTIAL BUILDINGS - CHANGE...
The rules concerning the taxation of residential buildings belonging to natural persons changed since the new Tax Code was enacted on the 1st of January 2016. Read more
10 March 2016