Cross-border insolvency: Rules on the harmonization of European turn-around and bankruptcy proceedings
In the context of globalisation, companies are often active not only in the country of incorporation but also in several other legal systems. If a company fails, there is a need for rules that make the insolvency proceedings predictable. In the EU there are two current regulations to take into account, one applicable before and one after 24.06.2015.
Safety risk analysis mandatory for all entities as of 1st July 2018
It’s not commonly known, but all legal entities (rom. unităţi) in Romania which possess goods or other valuables have a legal obligation to carry out a safety risk analysis as to the safety of these assets.
Transfer of assets and VAT treatment
The transfer of all or part of a company’s assets is not deemed by the provisions of the Romanian Fiscal Code as a supply from a VAT perspective. Acquiring a business is therefore not subject to VAT. This sounds simple, but classification can be difficult. Here, then, are the requirements and specifics.
Lecture by STALFORT Legal. Tax. Audit at Workshop on the European Information Law in Cluj
Lecture by STALFORT Legal. Tax. Audit at Workshop on the European Information Law in Cluj On 25th and 26th May, Cluj-Napoca will host the “Romanian- German Workshop on the European Information Law”, a scientific event for the exchange of experience on media, data protection, telecommunication and copyright law, liability in the internet and cybersecurity. Carmen Lupsan from STALFORT Legal. Tax. Audit. will hold a speech regarding „Blockchain and GDPR“. Please find the program here.
Second Romanian- German Workshop on the European Information Law with lecture by STALFORT Legal. Tax. Audit. on 25/26 May 2018 in Cluj
> Second Romanian- German Workshop on the European Information Law with lecture by STALFORT Legal. Tax. Audit. on 25/26 May 2018 in Cluj On 25th and 26th May, Cluj-Napoca will host the second edition of the “Romanian- German Workshop on the European Information Law”, organized by the Oldenburg University and DSRI, the German Foundation for Law and Informatics, in cooperation with the Babes-Bolyai-University in Cluj. Within this scientific event, internationally experienced specialists from Germany and Romania will exchange information on the relevant topics in the fields of media, data protection, telecommunication and copyright law, as well as liability in the internet and cybersecurity. On behalf of STALFORT Legal. Tax. Audit., Carmen Lupsan will contribute with a lecture on „Blockchain and GDPR“. Please find the program here.
The Romanian Draft Law regarding the General Data Protection Regulation (GDPR)
It’s finally here! About two months before the data protection regulation is due to come into force, there was a Draft Law, designed to substantiate the GDPR legislation allocated to the legislators of member states. It was firstly filed with the Romanian Senate, withdrawn and registered on 3rd April with the Chamber of Deputies.
WKO organizes information events regarding manager liability in cooperation with STALFORT Legal. Tax. Audit.
WKO organizes information events regarding manager liability in cooperation with STALFORT Legal. Tax. Audit. On April 26th, Advantage Austria, the commercial section of the Austrian Embassy in Romania, will host an information event regarding management liability in cooperation with STALFORT Legal. Tax. Audit. and ASIROM Vienna Insurance Group. Christian Weident will give a speech about the “rights, obligations and liability of managing directors”. Please find detailed information here.
New law on telework makes changes of employment contracts necessary
On 02.04.2018 the law on telework (hereinafter referred to as „the Law“) was published. It applies to a great number of employees working outside their work place at the employer. The employment contracts of these employees must be modified.
Income Tax: New deadlines for declarations and payments
On 23.03.2018, a simplification of the declaration and payment obligations of several natural persons took place. The Emergency Ordinance (hereinafter referred to as “EO18”) reduces, inter alia, the number of tax returns and changes the payment deadlines for these persons.
WKO organizes information events regarding manager liability in cooperation with STALFORT Legal. Tax. Audit.
> WKO organizes information events regarding manager liability in cooperation with STALFORT Legal. Tax. Audit. On April 26th, Advantage Austria, the commercial section of the Austrian Embassy in Romania, will host two information events regarding “rights, obligations and liabilities of managers in Romania”. In the morning, Advantage Austria and STALFORT Legal. Tax. Audit. will firstly organize a live webinar in German language dedicated to this topic. At 18:30, this will be followed by a seminar in English language, organized in cooperation with ASIROM Vienna Insurance Group. Christian Weident will be the speaker at both events and ready to answer questions from the public. Interested persons are invited to contact Advantage Austria. Please find detailed information here.