Speaker from STALFORT Legal. Tax. Audit. at the AHK online business trip “Energy infrastructure in cities” on April 20, 2021
Speaker from STALFORT Legal. Tax. Audit. at the AHK online business trip “Energy infrastructure in cities” on April 20, 2021 Laura Neacsu has provided insights on the regulatory framework of the energy infrastructure in Romanian cities and possible cooperation ways between German investors and Romanian public authorities and private bodies at the event “Energy infrastructure in cities“, organized by the Romanian-German Chamber of Commerce and Industry (AHK Romania). The event took place between April 21-23, 2021 and was an initiative of the Romanian-German economic collaboration project. Its financing came from the Federal Ministry of Economy and Energy in Germany within the “Energy Solutions made in Germany” program.
Short-time work practicable again in Romania
On 10.08.2020, short-time work was introduced in Romania at the initiative of the government and as a result of long discussions with the legislative body (with an intense participation on the part of STALFORT Legal. Tax. Audit).
#AHKCommunityTalk with Christian Weident on the subject of short-time work on April 15, 2021
#AHKCommunityTalk with Christian Weident on the subject of short-time work on April 15, 2021 we hereby invite you to an information event about short-time working (Kurzarbeit) in Romania. The introduction of short-time work in Romania was the result of a lengthy process in which Christian Weident was involved from the very beginning on behalf of STALFORT Legal. Tax. Audit. After the regulations became complicated and unattractive in December 2020 as a result of unfortunate developments in legislation, discussions were resumed at the beginning of the year. Christian Weident will present their positive result on 15.04.2021 between 15:00 and 16:30 and will discuss them together with other members of the German Romanian Chamber of Commerce and Industry (AHK). Participation in the German-language event takes place at the invitation of the AHK; however, we are happy to organize the participation of clients and business partners. Feel free to contact us for this scope.
Registration for VAT purposes in Romania
Some companies can – or, depending on the situation, even must, get registered for VAT purposes in Romania. The registration procedures for taxpayers headquartered in Romania are summarized hereinafter.
Avoiding double taxation – some tips
If non-residents receive income from Romania, it must be clarified whether the income is taxable or not in Romania. This question must be answered according to Romanian, but also international tax law.
Group consolidation – corporate tax groups possible beginning with 2022
Similar with VAT groups, starting with 2022, it will be possible to establish corporate tax groups under Law 296/2020. This opens up interesting possibilities:
STALFORT Legal. Tax. Audit. participation at the event of the German consortium Power4remote - Electrification of the Apuseni villages on March 2, 2021
STALFORT Legal. Tax. Audit. participation at the event of the German consortium Power4remote - Electrification of the Apuseni villages on March 2, 2021 In 2019, AHK Romania initiated the formation of a consortium of German companies to find, together with Romanian companies and interested local authorities, efficient, reliable and environmentally friendly technical solutions to bring electricity to the remote villages from the Apuseni region and not only. From its earliest beginnings, STALFORT.Legal.Tax.Audit has accompanied and assisted the project funded by the Federal Ministry of Economy and Energy (BMWi) and AHK Romania with legal input. During an online event dedicated to the presentation of the German consortium on March 2, 2021, Laura Neacsu has introduced the attendants to the Romanian regulatory framework and possible structures of microgrids and off grid production as well as consumption places.
Facilitations (now also) for associations and foundations
At the end of 2020, the Romanian regulations regarding the incorporation and functioning of associations and foundations (“NGOs”) were simplified. Law No. 276/2020 (“the Law“) completed and amended Government Ordinance No. 26/ 2000 about associations and foundations (the Ordinance) and also introduced positive debureaucratization measures.
Employee protection in case of insolvency– short-term change
During 2020 and at the beginning of 2021, many have voiced their concerns about a hovering economic crisis. For some, the start of such a crisis was expected at the end of 2020, while others are now speaking reluctantly of an economic downturn to be happening only in the fall of 2021.
Renewable energy: projects on agricultural land outside built-up areas?
In October 2020, Law no. 17/ 2014 (“Law 17”) regarding the sale of agricultural land (terenuri agricole) located outside the built-up areas (extravilan) was significantly amended. A complicated preemption procedure (procedura de preemptiune) involving several stages required before the effective sale of these plots of land was regulated.