News
COMPULSORY DISPLAY OF BANK FEES AT ATMS
Banks will be obliged to inform consumers using their ATMs of their fees, taxes or tariffs for ATM operations. This obligation is incumbent on them under Order no. 505/2014 of the President of the Authority [...] Read more
19 February 2015
NEW FISCAL RULES STARTING FROM FEBRUA...
In order to implement a decision of the Constitutional Court regarding the exemption of disabled persons from the payment of income tax for revenues obtained from independent activities, but also in order to clarify certain [...] Read more
12 February 2015
DIGITAL MEAL VOUCHERS FOR EMPLOYEES
Meal vouchers are one of the incentives used by employers in order to motivate employees. Meal vouchers are payment titles issued to employees, allowing them to pay for their daily meal at the office. Read more
5 February 2015
STATE AIDS ... A NEW SESSION STARTING...
Government Decision no. 332/2014, passed in May 2014; set forth a State aid for companies who create new jobs in order to promote regional development. Read more
22 January 2015
NEW CHANGES IN TAX LAW
In order to fight against tax evasion, the Romanian Government established traders’ obligation who receive payments made in cash or by credit card for their products or services to use electronic cash registers, replacing paper [...] Read more
15 January 2015
BRCC: THE TAX ON POLES IS REDUCED; A ...
Starting from 2015, the famous „tax on poles’ or „tax on special constructions”, introduced a year ago, is reduced from 1.5% to 1% following the publication in the Official Journal no. 24 / January 13, [...] Read more
13 January 2015
NEW MINIMUM BASIC MINIMUM GROSS SALAR...
Just like in December 2013, the end of 2014 brings forth a new change in the basic minimum gross salary at the national level. Read more
18 December 2014« ROMANIA’S ECONOMIC PERSPECTIVES » C...
The conference speakers analysed the general macroeconomic trends in Romania, as well as sectorial trends in 2014 mainly in the IT industry, agriculture, energy, infrastructure, constructions etc. and the perspectives for the year to come. Read more
12 December 2014
DRIVING LICENSE: NEW RULES ON HOW TO ...
On September 18, we provided you with a presentation of the amendments brought by Ordinance no. 21/2014 on the procedures to be followed by foreign citizens in order to obtain their driving licenses. The purpose [...] Read more
11 December 2014
LABOUR LAW: HIRING NON-EU EMPLOYEES
At the end of September 2014, we presented to you the latest news in labour law, referring to the reduction of social security contributions paid by the employer Read more
5 December 2014
POWERS OF THE ROMANIAN PRESIDENT
On Sunday, November 16, 2014, Romanians elected their new President, for a 5-year mandate: Klaus Werner IOHANNIS Read more
28 November 2014
Y GENERATION
“Y Generation” is a concept referring to young people aged between 15 and 35 (born between 1980 and 2000), coming after their parents’ generation, called the “X Generation” (people born between 1960 and 1981). Read more
21 November 2014
AN INCENTIVE FOR THE AUTOMOBILE INDUS...
After the “First Car” Program was launched by Government Ordinance no. 66/2014, published in the Official Journal no. 768 of October 22, 2014, the Ministry of Finance launched a public debate in order to pass [...] Read more
13 November 2014
FIRST CAR PROGRAM
The Government has recently passed a Program aiming at stimulating the purchase of new vehicles by natural persons, granting them the possibility to buy a new car with the help of a governmental program guaranteed [...] Read more
30 October 2014