The ‘Pay or OK’ model

At the request of several supervisory authorities, the…


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NACE rev 3 – Update of the companies’ objects of activity

It is generally known that the so-called NACE codes must be…


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Equal pay for men and women for work of equal value: new EU requirements

On 17.05.2023, (EU) Directive 2023/ 970 on the…


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Minimum wage – quo vadis? National and European background

As is well known, Romania has a general, legally regulated…


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Income of non-resident companies/persons in Romania – obligations

Companies or individuals operating in Romania, but who are…


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Key issues regarding loan securities in Romania. Part II – Mortgages

This article is the second in our series discussing…


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CfDs – the new funding scheme is here!

On April 10, the long-awaited CfD support program for the…


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Tax Procedure Code in Romania

All procedural aspects related to tax matters, e.g. tax…


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“Postponed does not mean canceled” – Pitfalls associated with share capital

Since November 2022, there is no longer an obligation to…


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New legislative projects in the energy sector

In February and March of this year, ANRE, the Romanian…


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Accounting basics – interpreting a trial balance

Every business owner needs to understand an accounting…


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EU funding in Romania – Practical tips

Romania can use almost 100 billion euros in EU funding…


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