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APPROVAL FOR CHILD TRAVEL ABROAD: NEW RULES

APPROVAL FOR CHILD TRAVEL ABROAD: NEW...

Law no. 169/2015, amending Law no. 248/2005 on the free movement of Romanian citizens abroad, was published in Official Journal no. 772 of the 3rd of October 2016 and became effective on the 6th of [...] Read more

3 November 2016
EMPLOYMENT LAW: NEW FINANCIAL AIDS FOR UNEMPLOYED PERSONS

EMPLOYMENT LAW: NEW FINANCIAL AIDS FO...

The Romanian Government recently passed Emergency Ordinance no. 60/2016 (published in Official Journal no. 773/04.10.2016), in order to reduce unemployment by granting an incentive to unemployed people who go back to work. Read more

3 November 2016
PUBLIC HOLIDAYS – MEAL TICKETS: NEW AMENDMENTS

PUBLIC HOLIDAYS – MEAL TICKETS: NEW A...

The Romanian Parliament decided to add two new public holidays to the 12 already existing ones, as well as to change the amount of a meal ticket. Read more

3 November 2016
REPORTING RECEIVABLES AND DEBTS: A LEGAL OBLIGATION FOR COMPANIES

REPORTING RECEIVABLES AND DEBTS: A LE...

Government Ordinance no. 22/2016, published in Official Journal no. 658 of the 29th August 2016, has recently amended Emergency Ordinance no. 77/1999 on measures to prevent inability to pay. Read more

3 November 2016
CONSUMER PROTECTION: NEW RULES FOR REAL ESTATE LOANS

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 2016
LATEST LEGAL NEWS

LATEST 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 2016
NEW FUNDING SCHEMES IN 2016

NEW 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 2016
SIMPLER PROCEDURES IN RELATION WITH THE POLICE

SIMPLER 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 2016
AWARD OF PUBLIC CONTRACTS: NEW RULE S

AWARD 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 2016
SOCIAL LAW: NEW PROVISIONS

SOCIAL 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 2016
LAW REGULATING THE TRANSFER IN LIEU OF PAYMENT

LAW 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 2016
LOREDANA VAN DE WAART: INVESTORS ARE FOLLOWING CLOSELY THE ECONOMIC, SOCIAL, LEGISLATIVE AND POLITICAL DEVELOPMENT OF THE COUNTRIES THEY TARGET

LOREDANA 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 2016
EXTENDED DEADLINE FOR FILING TAX STATEMENTS

EXTENDED 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 2016
SMOKING BAN: EMPLOYERS' OBLIGATIONS AND APPLICABLE SANCTIONS

SMOKING 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 2016
TAX ON MIXED USE BUILDINGS

TAX 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 2016

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