News

VOUCHERS: NEW PROVISIONS FOR VOUCHER ...
The order of the Minister for Public Finances no. 1.909 from March 26th 2019 published in the Official Gazette no. 269 from April 9th 2019 modifies the conditions to be fulfilled by companies specializing in [...] Read more
31 May 2019
GALA « FEMEI CARE SCHIMBA ROMANIA »
Thursday, March 21, 2019, Mrs. Dana GRUIA DUFAUT, Managing Partner, was awarded by the magazine "Piata Fianciara", during the Gala "Femei care schimba Romania". Read more
10 May 2019
ROMANIA HAS TO LOOK MORE TOWARDS THE ...
Interview with Loredana Van de Waart, Partner GRUIA DUFAUT LAW OFFICE, member of the Board of the Netherlands Romanian Chamber of Commerce. Read more
8 May 2019
TAXATION : TAX REDUCTIONS FOR CERTAIN...
At the end of 2018, the Government Emergency Ordinance no. 114/2018 introduced important amendments with a negative impact on the activity of some economic agents from various sectors (banking, energy, telecom). On 29 March 2019, [...] Read more
17 April 2019
CENTRALIZED PUBLIC PROCUREMENT: NEW P...
The centralized public procurement procedures, regulated as of 2008, could not have been implemented until recently as the enforcement norms for the GEO no. 46/2018 on set-up, organization and functioning of the National Office for [...] Read more
10 April 2019
NGOS - REQUIRED TO SIGN UP IN THE TAX...
As of April 1st, 2019, all non-profit organisations/ units of worship receiving sponsorships/donations/private grants from corporate taxpayers or benefiting from an allocation of up to 3.5% from natural person taxpayers’ income tax must be registered [...] Read more
10 April 2019
PFA AND INDIVIDUAL ENTERPRISES: AVOID...
According to the provisions of the Law 182/2016, the <strong>Authorized Natural Persons</strong> (ANP) and the <strong>Individual Enterprises</strong> (IE) must submit with the Trade Registry an update request concerning the maximum number of activity cat Read more
10 April 2019
SIMPLIFICATION OF BUREAUCRATIC PROCED...
EU Citizens living or working outside their home country will benefit from simplified bureaucratic procedures and will no longer be required to provide a sworn/ official translation of their documents issued in one EU country [...] Read more
12 March 2019
ESTABLISHING A REPRESENTATIVE OFFICE
Foreign companies wanting to deploy their activities on the territory of Romania may choose either to create a local entity, i.e. a branch office or a subsidiary, or to open a Representative Office having no [...] Read more
28 February 2019
LEASE CONTRACTS: NEW REGISTRATION PRO...
A new registration procedure of private lease contracts with the tax authorities entered into force a few days ago, after the Order no. 114/2019 of the National Agency for Fiscal Administration concerning the lease contracts [...] Read more
28 February 2019
PERMANENT OFFICE OR SUBSIDIARY?
Are you considering launching your activity on the international market, developing a new activity or rather opening a new production site? If you haven’t decided to establish a company incorporated under the Romanian law yet, [...] Read more
28 February 2019
VAT REGISTRATION: NEW SIMPLIFIED PROC...
VAT registration procedure for companies has been simplified as of 1st of February 2019, at least in certain specific cases. According to the Order of the President of the National Agency for Fiscal Administration (ANAF) [...] Read more
28 February 2019
FINANCIAL STATEMENTS FOR 2018: APPROV...
At the beginning of each year, companies draft their accounts for the previous financial year. Is there any profit to distribute, reinvest or losses to cover? In order to gave an overall pictures, the companies’ [...] Read more
31 January 2019
ASSOCIATION OR FOUNDATION: WHICH ONE ...
You wish to start a charity, cultural, educational project or one in the interest of a community? Well, the choice of the legal structure is important for your project too. If you already decided that [...] Read more
30 January 2019
CHANGES IN TAX LAW IN 2019
2019 starts with several important changes in tax law, such as the increase of basic minimum gross salary, the implementation of the tax on financial assets for banks, the increase of cash contributions due by [...] Read more
30 January 2019