„Preventive Settlement” (concordat preventiv) for avoiding insolvency

Insolvency proceedings are natural part of a functioning…


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Government austerity package with tax implications

The new Romanian ruling coalition, composed of pro-European…


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Omnibus and the future of ESG reports

After several years of preparation for the EU Corporate…


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Court hearings in Romania soon to be held via video conference?

For some time now, many lawyers - and presumably judges as…


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Simplified assertion of claims up to approx. EUR 10,000 in Romania

On May 15, 2025, Law No. 57/2025 amending Art. 1026 (1) of…


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Transfer price documentation – key practical topics

Transfer price is an important - and often the sole -…


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New legislation on the approval of direct investments

Foreign investments are a key component of Romania’s…


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Revaluation of tangible fixed assets

In Romania, the revaluation of fixed assets is regulated by…


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Information and consultation of employees – a vague task in Romania

Employees have the right to be informed about facts and…


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AI-Act: use of AI in companies

On June 13th, 2024, the “AI Act” (Regulation (EU)…


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Tax risk assessments – some basics

It is well known that the tax authorities carry out their…


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Buyer protection for real estate transactions – new rules for developers in sight

In recent years, the Romanian residential real estate…


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