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Employees right to a day off for each administered dose of COVID 19 vaccine
The law provides that employees are entitled to one day off for each dose of COVID-19 vaccine. The day off... read more
New rules for restructuring the debts to the state budget
The Government approves the Ordinance that will enable the taxpayers with outstanding budgetary debts at the end of 2018 to... read more
Various cash limitations are brought back to previous level with some exceptions
The following changes are still valid: Advances for cash settlement are limited to RON 1,000/day per person. Ceiling at the... read more
Changes to the Fiscal Code – income tax exemption for reinvested profit
Emergency Government Ordinance no 19/2014 to amend Fiscal Code, was published into Official Gazette no 308/25.04.2014 Main amendments: Tax exempted profit can... 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
Important tax changes starting August 1, 2025
Changes of taxes have been announced by the Government on 02.07.2025: 1. VAT – starting with August 1, 2025: - The reduced... read more
NAFA published a plan of measures to streamline revenue collection
This plan includes, inter-alia, the following actions: I. Simplifying Tax Administration Procedures to Support Voluntary Compliance: • reducing the number of forms... read more

