44 results found

Romania is a place where you should focus next if your business or your clients need a holding structure.

<P>The Romanian Patent Law No. 64/1991 is currently undergoing review with a proposal to introduce amendments in order to meet the current economical needs and largely ties with TRIP's Agreement and European Union requirements. At this stage, the draft of amendments is under the Parliament approval. There is much hope that the draft will be approved by the end of 1999. </P> <P>The major aspects of the draft are related with patent protection of products and in particular pharmaceutical and

Aseries of amendments and additions to the Romanian Fiscal Code were made by way of GO no. 16/2022 in Romania impacting a wide range of entities.

Romania is a place where you should focus on next, be it for your business or for expanding your client base. The recently adopted legislation and the amendments that are to come

July 2025 – On 25 July 2025, the Romanian Parliament adopted Law 141/2025 regulating a series of important fiscal changes that will enter into force starting August 2025, as summarised below.

Non-resident investors face many challenges when it comes to assessing the tax impact of their financial transactions and complying with tax rules in Romania.

Government Emergency Ordinance no. 117/2010 amending and supplementing Law no. 571/2003 regarding the Fiscal Code and regulation of financial – tax measures provides for the following significant changes to the Tax Code.

Decision no. 284/2017 amending and completing the methodological norms for the application of Law no. 227/2017 regarding the Fiscal Code, approved by Decision no. 1/2016 was published in the Official Gazette 319/2017

From 2017, Romanian law empowers labour office inspectors to determine if an activity performed under a "work for hire" contract, i.e., based on a contract other than an employment contract...

After the issuance of Law no. 296/2020 for the amendment and completion of the Fiscal Code, the Romanian Government deemed necessary to add further amendments to the Fiscal Code, mostly for correlation and clarification purposes.

The volume of orders placed through mobile apps or websites skyrocketed in the last few years, whether for shopping, meal delivery at the office or ride sharing.

Starting this August, the fiscal unity system concerning the corporate income tax becomes functional in Romania, further to the enactment of the procedure for the implementation and management...

A discussion on the complex tax matters that contractual partnerships often pose in practice.

Personal income tax applies to all incomes obtained by Romanian residents from sources within or outside Romania. Non-residents are taxable on their income derived from Romania.

The de facto insolvency of Romania’s budget pushes politicians to propose the reinstatement of progressive taxation on individuals’ income

The fiscal authorities may refuse the application of the provisions of the double tax treaties in the case of artificial transactions.