Superficies agreements: a popular alternative to securing property
The classical approach for securing properties needed for the construction of buildings is to acquire a particular plot of land by concluding a sale purchase agreement. An increasingly popular alternative in practice is to create a superficies right (Rom. drept de superficie) over a third-party plot of land for the development of a certain building project.
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.
Invitation to a workshop of Advantage Austria with Christian Weident on Kurzarbeit on 11.05.2021 - English language
Invitation to a workshop of Advantage Austria with Christian Weident on Kurzarbeit on 11.05.2021 - English language We hereby invite you to an online workshop on Kurzarbeit (short time work) in Romania, which we organize together with Advantage Austria Romania. The introduction of the Kurzarbeit concept in Romania was the result of a lengthy process, in which STALFORT Legal. Tax. Audit. has been closely involved from the beginning. In April 2021, the discussions produced a positive result. On Tuesday, 11.05.2021, Christian Weident will lead an online workshop with Q&A on this subject from 10:00 to 11:00 (Romanian time). The event will take place in English language, through MS Teams. You can participate using the following link: Please click here to join the meeting
A new obstacle for land transactions: the certificate regarding the soil quality
On 01.01.2021, Law No. 246/2020 concerning the use, maintenance and protection of soil (“Law 246“) came into effect almost unnoticed. It was published in the Romanian Official Journal No. 1057/10.11.2020.
Key aspects of the voluntary liquidation of companies
Depending on the business results of a company, the forecasts of its management or the long-term operating objectives of the Group, the shareholders may choose to cease operating and liquidate the company.
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.