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Law no. 102/2020 for the amendment and completion of the Companies Law no. 31/1990
On July 2, 2020, the legislative proposal for amending Law 31/1990 on companies was published, which provides, among other changes,... read more
Reduced VAT quota for organic and traditional food products!
Starting with 01.06.2019, the VAT quota for food products recognized by the Ministry of Agriculture as being of high quality,... read more
The minimum wage increases to 2.300 lei from January 1st 2021
The Government issued the Decision no. 4/2021 which regulates the minimum gross salary guaranteed for payment. The minimum gross wage will... read more
Order no. 2148 on amending and supplementing the Instructions for applying the VAT exemption for certain operations was published
Inter-alia the main changes we mention: • The documents for justifying the tax exemption will be available within a maximum of... read more
VAT registration, evaluation criteria
Order no 17/2015 establishing criteria for conditioning the registration for VAT purposes, was published into Official Gazette no 16/09.01.2015. Order establishes... read more
The statement regarding the ultimate beneficial owners is mandatory again as Law 101/2021 enters into force
The companies must submit the statement to the Trade Registrar as following: • Each year, within 15 days after the financial... read more
The Government approves the Ordinance to cancel the interest for outstanding budget obligations that will be paid by November 25, 2024
Interest, penalties and all accessories related to the main budgetary obligations owed by legal entity debtors, overdue on August 31,... read more

