Public Procurement – Practical Issues regarding technical specifications

Technical specifications are an essential element of any…


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2018: Introduction of Split-VAT in Romania

In January 2018, a system of separate Value Added Tax…


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New obligations and sanctions for employers

On 7th August 2017, an important change in the Romanian…


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Dos and Dont’s when drawing up lease agreements for commercial property

Taking into account the current situation, the following…


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Tax audit: how to react to levy of additional duties

Currently there is a rise in the number of tax audits…


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Remarks for half-year reporting in Romania

Most companies which have to keep books in Romania have to…


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EUID standardizes companies’ European identification codes

A new ordinance came into effect on 6. July 2017 to…


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Country based reporting for multinational corporation groups

On 9th of June the emergency ordinance (“DVO“)  42/2017 was…


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Important changes in building inspection regulations

On 30th May 2017, the government published a replacement*…


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Legal risks for contractors in disputes originating from FIDIC Red Book contracts

The 1999 FIDIC ‘Red Book’ form of contract has been, for…


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VAT Reimbursement: new database for tax risk classification

In Romania, a recent order has changed the VAT…


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New rules for the posting of workers to/ from Romania

On 20.05.2017, a new Romanian law regarding the…


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