COVID-19. Important aspects for employers
COVID-19. Important aspects for employers In the context of the present pandemic caused by the COVID-19 virus, there are several aspects which should be borne in mind by employers in Romania. Please find the latest article on this topic by STALFORT Legal. Tax. Audit. here.
COVID-19. What should an employer take into account?
Given the current situation, please find hereinafter a summary of the most important aspects related to labour law in the context of the new Coronavirus (COVID-19). What official protection measures are there?
NEWSFLASH _ Deadline for submission of statements regarding the beneficial owner
Due to the latest developments, please find hereinafter a special edition of our newsletter, informing you about recent legal changes with impact on the statements regarding the beneficial owner (UBO). As already announced, companies, foundations and associations have to disclose their UBO due to Romania's new anti-money laundering legislation (Money Laundering Act No. 129/2019). The notification form for this purpose was published in October 2019. The Romanian Commercial Register recently published a practice-related circular which raises questions regarding the deadline for the first filing in 2020.
The increase of the minimum salary – but with no cure for confusion
As always at the turn of the year, the new Romanian government has decided to increase the legal minimum salary also for 2020. However, there are other legal acts from the previous government (2018 and 2019) that are still in force and that include special provisions for the minimum salary. So now, in 2020, the Romanian law provides several legal minimum salaries.