Tax news due to the Emergency Ordinance no. 115/2023

In October 2023, the Romanian government took…


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Electronic invoices mandatory from 2024: Romania expands RO e-Factura system

Beginning 01.01.2024, Romania will introduce mandatory…


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Banking transactions increasingly difficult due to bureaucratic hurdles

Foreign investors are often surprised by the inflexible and…


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Update regarding the Romanian VAT rates

VAT consistently represents one of the largest sources of…


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Corporate tax consolidation through fiscal unities

The Romanian Tax Code provides  the possibility for certain…


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Supreme Court of Justice decides on grounds for contesting a tax administrative act

The Romanian Law No. 554/2004 on Administrative Procedure…


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Changes regarding the use of rental vehicles in road transport of goods

On 25th May, 2023 the Law No. 124/ 2023, which amends and…


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Employer’s obligations at the conclusion of the employment agreement

In Romania, both labor law and the practice of the courts…


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Insolvency of insurance companies

Romania has already witnessed the insolvency proceedings of…


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Practical information for incorporating a company in Romania

Romania presents an enticing landscape for investment,…


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Potential risks linked to how the provision of services is documented

Services have often been used as pretexts for fraud aimed…


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Relevant practical aspects of setting up superficies rights for wind farms

The construction of a wind farm in Romania first requires…


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