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TAX EVASION: CROSS-BORDER CRIMES PUNI...
Cross-border fraudulent act consisting in the use, submission of false tax returns or non-disclosure of VAT-related information resulting in a loss of at least 10 Mln euros for the EU budget are crimes incurring up [...] Read more
6 June 2023
GRUIA DUFAUT LAWYERS ASSISTED GROUPE ...
The Gruia Dufaut Law Office assisted Groupe Atlantic, through the acquisition process of land and industrial premises in the PWP BUCHAREST NORTH industrial park from Ariceștii Rahtivani, Prahova County, in order to start manufacturing HVAC [...] Read more
29 May 2023
AGRICULTURAL LAND: NEW CONDITIONS FOR...
Landowners or their heirs whose lands were unlawfully taken over by agricultural production cooperatives, therefore non-registered, who do not have title deeds issued under the law, may apply therefor to the City Hall Read more
25 May 2023
REPORTING OF AGRICULTURAL AND FOOD PR...
Agricultural producers, depositaries, processers, and retailers in the Romanian agro-food sector are bound to monthly reporting of the stocks of agricultural food products to the Ministry of Agriculture and Rural Development, under the new Law [...] Read more
25 May 2023
HOW THE RULES CHANGED IN TERMS OF BUI...
The building regulations in force regarding the authorization and performance of construction works, especially the Law no. 10/1995 and the Law no. 50/1991 have been subject to major changes since 2022 and up to date. Read more
10 May 2023
SALE AND LEASE-BACK TRANSACTION: A ST...
« Sale and leaseback » is a financial strategy involving the sale of an asset, which is subsequently leased back for a determined term. Read more
12 April 2023
CREDITORS’ VOLUNTARY ARRANGEMENT: NEW...
Further changes were brought to the Insolvency and Insolvency Prevention Law no. 85/2014 with the publication of the Law no. 46/2023 in the Official Gazette No. 183 of March 3, 2023. The new changes cover [...] Read more
29 March 2023
SALE OF AGRICULTURAL LAND LOCATED OUT...
Long waited to unlock transactions with agricultural land located outside the build-up area, the procedure regulating the calculation and payment method of the 80% additional tax due, under certain conditions, when selling agricultural land located [...] Read more
9 February 2023
INCOME TAX EXEMPTION: A BROADER LIST ...
Starting with January 1, 2023, new categories of employees in the IT field hired based on an employment contract may benefit of an income tax exemption enacted by the Order no. 21813/6421/2246/4433/2022, published in the [...] Read more
2 February 2023
LABOR LAW: WHAT’S NEW IN THE SOCIAL D...
New regulations on the social dialogue entered into force on December 25, 2022, with the publication of the Law no. 367/2022 in the Official Gazette no. 1238 of December 2022. This new law, repealing the [...] Read more
27 January 2023
PUBLIC HOLIDAYS IN 2023
At the beginning of this new year, may it be great, please find bellow the list of Public Holidays in 2023, as provided for by the Romanian Labour Code. Read more
10 January 2023
THE PRINCIPLES OF SUSTAINABLE GROWTH ...
Although integrating green criteria in public procurement is not a new topic, in the context of the debates on the EU Green Pact, of growing concerns over sustainability, energetic independence and competitivity, it has been [...] Read more
9 January 2023
THE REGIME FOR APPROVAL OF NON-EU INV...
The Emergency Ordinance of the Government no. 46/2022 (”GEO 46/2022”) harmonizes and corelates domestic law with the European law in screening foreign direct investments (”FDI”), Read more
14 December 2022
THE MINIMUM GROSS SALARY AND SOCIAL C...
Starting with January 1, 2023, the minimum gross salary at the national level increases from 2,550 Lei per month to 3,000 Lei per month. In the construction field, according to the GEO no. 168/2022, the [...] Read more
13 December 2022
2022: THE YEAR WHEN THE CVM BECAME HI...
The report of the European Commission and of the Council on the progress of Romania within the Cooperation and Verification Mechanism (CVM) concludes that the country now meets the conditions for lifting the verification mechanism. [...] Read more
5 December 2022