On June 11, 2020, Order of the Minister of Environment, Water and Forest no. 1.150 from May 27, 2020 was published in the Official Gazette no. 495. (the "Order no. 1.150/2020").

The last few months have been marked by the challenges caused by the coronavirus pandemic which made obviously the need for digitalization and led the competent authorities to...

On August 4, 2022, Ordinance no. 18/2022 on the authorization and functioning of representative offices of foreign companies and economic organizations in Romania ("GO 18/2022")...

Foreign legal entities seeking to establish tax residence in Romania based on a place of effective management must complete a questionnaire published by the Romanian tax authorities on May 17 in Order no. 577.

As it now stands, the draft regulation provides that the Competence Centre's main mission is to help increase the security of critical network and information systems.

On October 20, 2022, the Government Emergency Ordinance no. 140/2022 on the single industrial licence ("GEO 140/2022") adopted by the Romanian Government has been published in the Official Gazette.

Starting with December 10, 2021, the customs activity currently under the auspices of the National Tax Administration Agency ("ANAF") will be developed by the Romanian Customs Authority, founded by way of Law...

In May 2020, a group of Romanian senators have proposed a legal enactment to prohibit the sale of shares owned by the Romanian state for a two-year period.

With a view to eliminate barriers to new investments in renewable power generation capacities, the Romanian Energy Regulatory Authority ("ANRE") has recently amended the...

According to Government Decision 734/2010 regulating the organisation and functioning of the National Agency for Medicines and Medical Devices, the agency is the main body responsible for supervising and controlling the medicine and medical devices market.

On October 20, 2022, the Government Emergency Ordinance no. 140/2022 on the single industrial licence ("GEO 140/2022") adopted by the Romanian Government has been published in the Official Gazette.

Law no. 83/2021 amending and supplementing Government Ordinance no. 51/1997 on the leasing operations and the leasing companies ("GO no. 51/1997") was published on April 16, 2021...

As anticipated, Law no. 275/2020 aims to overcome certain legal and economic issues, trying to give Romania's mineral resources their deserved value.

Last year, Chanel's worldwide brand was valued at $13.7 billion, an increase of more than $2 billion on the previous year and three times what it was worth in 2017, according to Statista.

On September 10, 2020, Advocate General Maciej Szpunar delivered his Opinion in Case C‑392/19 VG Bild-Kunst v Stiftung Preußischer Kulturbesitz, where a request for a preliminary ruling was lodged...

Is your state a party to the New York Convention? Are there any noteworthy declarations or reservations? Yes. The reservations made upon accession are as follows:

Luxembourg and Cyprus have implemented the above referenced provisions in identical form to the Directive.

Trade secrets represent information that is not generally known or accessible to the normal circle of persons who deal with that kind of information.

The beginning of 2021 seems to be under the auspices of numerous amendments incurred to the Law no. 227/2015 regarding the fiscal code (the "Fiscal Code").

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.