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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
ROMANIA ADOPTS THE LAW FOR THE PROMOT...
Romania took a significant step towards developing electricity production projects from offshore wind resources by adopting Law no. 121 of April 30, 2024, published in the Official Gazette no. 421 of May 8, 2024. Read more
16 May 2024
CORPORATE SUSTAINABILITY: TIMELINE
The Directive no. 2022/2464 regarding corporate sustainability disclosure, known as ”CSRD” (Corporate Sustainability Reporting Directive), was transposed in the Romanian legislation under the Order no. 85/2024 of the Public Ministry of Finances, published Read more
13 May 2024
RECENT MODIFICATIONS OF THE PPP LEGIS...
Public-private partnership (PPP) legislation has been subject to several changes lately, under the Law no. 7/2024 for approval of the GEO no. 39/2018, published in the Official Gazette no. 13/2024, and more recently, under the [...] Read more
10 April 2024
SIMPLIFIED RULES FOR POSTING FOREIGN ...
Government Ordinance No. 6/2024 on employment and posting of foreigners in Romania introduces the possibility for the work / posting permit to also be transmitted to the applicant electronically. Read more
21 February 2024
NEW DATA ON LICENSING INDUSTRIAL ACTI...
A new step was taken towards simplifying and digitizing the process of licensing industrial activities, with the enactment of GD 1251 on December 13, 2023. Read more
1 February 2024