Extemption from Tax
This feature will be implemented in terms of compliance regulations in the field of state aid.
VAT
At the same time, the tax on the construction (also called “taxes on pillars”) is abrogated.
As of 1 January 2017 Form 088, used for the evaluation of the intention […]
High Court of Cassation and Justice precedent
that the reason of illegality referred to in Article 488 (1) point 4 of the Code of civil procedure (when the court has exceeded the attributions of the judicial […]
The risk of infringement on the Law of food products marketing still exists for Romania
The ministry of Agriculture has to come up with the implementing regulations of Law 150/2016 on food products marketing within the first 6 months starting with the entry into […]
As of January 2017, the minimum gross salary will be raised to 1.450 RON
For the minimum gross wage of 1.450 RON, the employee will receive 1.065 RON as compared to 925 RON at the time (for a gross salary of 1.250 RON). […]
As of 14 December 2016, natural persons may pay their tax obligations via www.ghiseul.ro
In order to maximize the economic efficiency of the acquisition and to keep the possibility of adapting the commissions to the volume of payments, BCR, Banca Transilvania and Garanti […]
October 2016
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Permalink GalleryOrder no. 2994 of the 20th of October 2016 on the procedure for the registration of contracts/documents concluded between the Romanian legal entities, individuals residents, as well as foreign legal persons/ companies that carry out activities in Romania by means of a permanent establishment/permanent establishment designated and foreign legal persons or natural persons nonresident (MO) 854/ 2016
Order no. 2994 of the 20th of October 2016 on the procedure for the registration of contracts/documents concluded between the Romanian legal entities, individuals residents, as well as foreign legal persons/ companies that carry out activities in Romania by means of a permanent establishment/permanent establishment designated and foreign legal persons or natural persons nonresident (MO) 854/ 2016
The obligation appears concerning the conclusion of contracts with non-resident persons (legal or natural), which run on Romanian territory supplying services of the work construction, workbench, surveillance activities, to […]
Decision no. 825 of the 20th April 2016 was handed down on appeal Section II Civil High Court of Cassation and Justice covering damages
Thus, Art. 219 of Law no. 31/ 1990, republished and amended, provides that the General Assembly on the capital increase produces effects only if it is accomplished within one […]
Penal clause inserted in the contract only dispenses the creditor from proving the amount of the prejudice, and not from proving its existence
Rightly, the Court of Appeal had interpreted and applied the legal provisions that the requested reparations as the penal clause stated are due when all the conditions awarding compensation […]
