Europe seeks more efficient measures for preventing insolvency
On the 26th of June 2019, the Directive (EU) 2019/1023 (“Restructuring Directive“) regarding insolvency procedures was published; it came into effect on 16.07. Member states had to implement this directive in their national legislation by 17.01.2021.
NEWSFLASH - Tax amendments at the beginning of 2021
NEWSFLASH - Tax amendments at the beginning of 2021 A number of relevant fiscal amendments have been enacted in the final period of the year through Law no. 296/2020 amending and supplementing the Fiscal Code (Law no. 227/2015), subsequently modified by the Emergency Ordinance no. 226/2020. Please find more details here.
Labor Law Update 2021
At the turn of the year, we would like to provide an overview of the most recent changes of relevance in practice in the field of Labor law in Romania and to provide an outlook for 2021.