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TRADE REGISTER: EASED COMPANY INCORPORATION FORMALITIES

TRADE REGISTER: EASED COMPANY INCORPO...

As part of the digitization process of public services, new regulations on the formalities for incorporation of companies to the Trade Register were enacted under the Law n° 265 of July 22, 2022, published in [...] Read more

9 September 2022
REPRESENTATIVE OFFICES OF FOREIGN COMPANIES: IMPORTANT CHANGES RELATED TO THE REGISTRATION AND OPERATION THEREOF

REPRESENTATIVE OFFICES OF FOREIGN COM...

The legal framework regulating the registration and operation of representative offices of foreign economic entities was aligned to the economic and digital reality by the Ordinance of the Government no. 18/2022, published in the Official [...] Read more

29 August 2022
TAXATION: NEW RULES AS OF AUGUST 2022 AND JANUARY 2023

TAXATION: NEW RULES AS OF AUGUST 2022...

The Fiscal Code was subject to major changes enacted by the GO no. 16/2022 published in the Official Gazette no. 716 of July 15, 2022. Read more

28 July 2022
TAX INCENTIVES FOR EMPLOYEES ACTING IN FOOD AND AGRICULTURAL FIELDS

TAX INCENTIVES FOR EMPLOYEES ACTING I...

The procedures for granting tax incentives, benefitting the workers in the agricultural field and the food industry who have a 3,000 lei monthly minimum basic gross wage, were published early this July in the Official [...] Read more

27 July 2022
SALE OF AGRICULTURAL LAND LOCATED OUTSIDE THE BUILD-UP AREA : NEW LEGAL CHANGES

SALE OF AGRICULTURAL LAND LOCATED OUT...

New major changes of the legislation regulating the sale of agricultural land located outside the build-up area are enacted by the Emergency Ordinance of the Government no.104/2022, published in the Official Journal no. 657 of [...] Read more

14 July 2022
TECHNICAL UNEMPLOYMENT: NEW FACILITIES FOR COMPANIES AFFECTED BY THE CONFLICT IN UKRAINE

TECHNICAL UNEMPLOYMENT: NEW FACILITIE...

Government Emergency Ordinance no. 36/2022 establishes new social protection measures for employees, in the context of the conflict in Ukraine and of the international sanctions adopted against the Russian Federation and Belarus. Read more

18 May 2022
PUBLIC PROCUREMENT: NEW RULES ON CONTRACT PRICES REVIEW

PUBLIC PROCUREMENT: NEW RULES ON CONT...

The prices of public procurement / sectoral / concession contracts / framework agreements for products and services can now be revised upwards or downwards according to costs’ rise or fall as compared to the contract [...] Read more

20 April 2022
UKRAINIAN REFUGEES: EASIER WAYS TO HIRE IN ROMANIA

UKRAINIAN REFUGEES: EASIER WAYS TO HI...

In the context of the crisis caused by the war in Ukraine, the legislation on the hiring of Ukrainian citizens and they right to stay in the Romanian territory has been amended. Read more

22 March 2022
MILITARY RECORD OF EMPLOYEES AND EMPLOYERS 'OBLIGATIONS

MILITARY RECORD OF EMPLOYEES AND EMPL...

In the context of the security crisis generated by the war in Ukraine, allow us to remind you some of the obligations of employers under the Law no. 4446/30.11.2006 on preparing the population for defence, [...] Read more

10 March 2022
THE STATE OF ALERT CEASED, LET’S SEE WHAT THAT MEANS FOR THE ACTIVITY OF THE ECONOMIC OPERATORS

THE STATE OF ALERT CEASED, LET’S SEE ...

Almost two years later after having been declared under the Decision no. 24 of 15 May 2020 of NCES (the national Council for Emergency Situations), the state of alert ceases in Romania and puts an [...] Read more

9 March 2022
SUPPLY OF DIGITAL CONTENT : NEW LEGAL PROVISIONS

SUPPLY OF DIGITAL CONTENT : NEW LEGAL...

New rules regarding contracts for the supply of digital content / services have been adopted by Government Emergency Ordinance no. 141/2021, in force as of January 9, 2022. Read more

3 March 2022
INCENTIVES FOR INVESTMENTS IN INDUSTRIAL PARKS

INCENTIVES FOR INVESTMENTS IN INDUSTR...

Moving to an industrial park is probably the best solution for companies, due to incentives available ranging from tax privileges to easier access to infrastructure, lower prices for land rental, simplified administrative procedures and state [...] Read more

18 February 2022
DIGITAL NOMADS: NEW OPPORTUNITIES IN ROMANIA FOR REMOTE WORKING

DIGITAL NOMADS: NEW OPPORTUNITIES IN ...

The situation of remote foreign employees of a non-resident company in Romania carrying out their activity using information and communication technologies (ICT), and of foreign citizens who own a company registered abroad who work from [...] Read more

10 February 2022
THE MINIMUM GROSS SALARY AT THE NATIONAL LEVEL IN 2022

THE MINIMUM GROSS SALARY AT THE NATIO...

Starting with January 1, 2022, the minimum gross salary at the national level increased in Romania. In addition, the minimum gross salary can be applied for an employee for a period of maximum 24 months. Read more

6 January 2022
LABOR CODE: SIGNIFICANT CHANGES IN THE SPHERE OF LABOR RELATIONS

LABOR CODE: SIGNIFICANT CHANGES IN TH...

The Labor Code has recently undergone some changes which aim to combat harmful practices in the field of labor relations, in particular concerning the working time provided for in part-time contracts, social returns or late [...] Read more

13 October 2021

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