Emergency Ordinance no. 32 of 28 June 2016 supplementing Law no. 227/2015
The Ordinance amends the Tax Code and also Law no. 70/2015. The most important amendments to the Tax Code are the following:
Tax exemptions for income from wages for some […]
June 2016
ORDER no. 916 of 21 June 2016 for approval of accounting reporting system on 30 June 2016 of economical operators
Entities that apply the accounting regulations approved by Order 1802/2014, which in the previous financial year recorded a turnover of more than 220,000 lei.
Entities that apply accounting regulations in […]
May 2016
Romania will exercise the European Union Council Presidency in the period of July – December 2019
In this context, Romania will participate in the trio framework of Presidents consisting of Austria, Romania and Finland, having the responsibility of the current management of the European agenda […]
Law no 98/2016 on public procurement has entered into force
The main modification to the legislative framework concerns the taxation of a unique purchase document (the European DUAE), which is intended to reduce the pressure on the operators under […]
One of the largest transactions in the world market of beer has been approved
The acquisition of SABMiller, one of the largest transactions ever carried out, allows AB InBev to control a third of the world market of beer. The portfolio of AB […]
The Government has approved new financial measures for agricultural sustainability
Through the normative document there would be temporarily allocated sums from the privatization process, by which the farmer’s payments would be refund, measure which will support them to provide […]
The rate of monetary policy to be maintained at the same level
Also, the Board of Directors of the Romanian Central Bank (BNR) has examined and approved the new quarterly report on inflation, which was accentuated in the first quarter of […]
The phenomenon of migration from PFA to microenterprises
The limited liability company firms represent 70% of the entities newly established while the second position is occupied by the self-employed persons with a percentage of 20 %. The […]
April 2016
Starting with the 1st of May 2016, new Customs Code of the European Union brings major changes for the economic operators of Romania
The appearance of the new Customs Code is an important step in the process of modernization of the customs legislation at the level of all the 28 Member States […]
The European Central Bank has left the interest of monetary policy to zero
A spokesman stated that the ECB has left the interest of monetary policy at the zero low bound, while the interest rate on the marginal lending facility has been […]
