New EU-VAT system for the trade in goods by 2022?

The value-added output tax is one of the most important…


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Modern electronic POS devices will be mandatory starting this summer

A blind spot in the fight against minor tax evasion is the…


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Interim and conservatory measures by emergency arbitration in Romania

Introduction The new Arbitration Rules of the Court of…


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Cross-border insolvency: Rules on the harmonization of European turn-around and bankruptcy proceedings

In the context of globalisation, companies are often active…


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Safety risk analysis mandatory for all entities as of 1st July 2018

It’s not commonly known, but all legal entities (rom.…


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Transfer of assets and VAT treatment

The transfer of all or part of a company’s assets is not…


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The Romanian Draft Law regarding the General Data Protection Regulation (GDPR)

It’s finally here! About two months before the data…


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New law on telework makes changes of employment contracts necessary

On 02.04.2018 the law on telework (hereinafter referred to…


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Income Tax: New deadlines for declarations and payments

On 23.03.2018, a simplification of the declaration and…


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Further correction measures for social contributions

The intensely debated `tax revolution' of November 2017,…


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New fire security rule: owners of unauthorised buildings must warn the public

All the transition periods for operators and owners of…


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Important aspects of land acquisition in Romania

Romania is currently facing a rising tendency regarding…


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