Mondaq Europe - Romania: All Topics
Eurofast Global Ltd
Romania is one of the largest markets in Central and Eastern Europe with over 21 million people.
Volciuc-Ionescu SCA
Trade finance is generally not very developed in Romania, at least by comparison with other EU Member States and developed and emerging markets.
Volciuc-Ionescu SCA
Law 18/2017 states that termination may occur either by mutual consent or unilateral termination.
Volciuc-Ionescu SCA
The highly anticipated new Romanian law on public-private partnership has been finally enacted and will enter into force on 25 December 2016.
Volciuc-Ionescu SCA
Romania implemented a support system for renewable energy based on green certificates (GCs) granted free of charge to producers of electricity from certain renewable energy sources ...
Volciuc-Ionescu SCA
A tax on windfall gains obtained by domestic gas producers as a result of deregulating the sale prices for domestic natural gas was introduced in 2013 by Government Ordinance No. 7/2013 (GO 7/2013), ...
Volciuc-Ionescu SCA
An absolute novelty under the Romanian legislation, Law no. 151/2015 on insolvency of natural persons ("Personal Insolvency Law") was adopted by the Romanian Parliament back in June 2015.
Volciuc-Ionescu SCA
The Romanian Government has recently adopted a new regulation for reception of construction works, which will enter into force on 29 July 2017 and will replace the former regulation from 1994.
Wolf Theiss
In December 2016, the Board of Directors of the National Institute for Research and Development in Informatics issued a decision for the introduction, of a fee for registering ".ro" domains...
Wolf Theiss
According to the Government Decision no. 301/2012 on the approval of the Methodological Norms for the application of Law no. 333/2003 regarding the safeguarding of objectives, assets, valuables ...
Wolf Theiss
On 8 June 2017, Emergency Government Ordinance 39/2017 ("EGO 39") entered into force and brought a number of important changes to the Romanian Competition law.
Schoenherr Attorneys at Law
Likewise, leniency applicants are liable only to the extent of the damages caused to their direct and indirect buyers.
Schoenherr Attorneys at Law
A new law meant to fight food waste in Romania came into force in late May but is now inapplicable, as its provisions are unclear and application norms have yet to be published.
Wolf Theiss
Following the adoption of the Law no. 152/2015 (amending and supplementing the national legislation regarding the registration procedure with the Trade Registry),
TMF Group
Fiscal changes introduced in Romania this year include a reduced VAT rate, the elimination of R&D tax and the health contribution threshold.
Eurofast Global Ltd
Romania has recently amended its classification of occupations and published it in the Official Gazette dated April 4, 2017.
TMF Group
The most notable change in the fiscal environment in 2017 so far has been the VAT rate. It has decreased three times in the past 18 months, most recently in January when it reduced to 19%.
Wolf Theiss
The Romanian Government approved (effective as of 14 April of this year) a State aid scheme which is aimed at stimulating investments in an area which both government officials and market players view...
Dentons
Ministerul Finanțelor Publice a anunțat deschiderea în perioada 12.06.2017 – 23.06.2017 inclusiv a unei noi sesiuni de înregistrare a Cererilor de acord pentru finanțare conform H.G. 332/2014....
Dentons
The Ministry of Public Finance announced that between 12.06.2017 – 23.06.2017 there will be a new session for registering Financing Requests based on the provisions of Government Decision...
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