Refund as state aid of the amounts representing the difference between the...
The Ministry of Public Finance has launched in public debate on Tuesday, 14th October, the draft Decision for the amendments and additions to the Government Decision no. 537/2014 regarding the...
View ArticlePenalty rate for deficits of minimum reserve requirements
In the Official Gazette of Romania, Part I, no. 746 from 13 October 2014 was published the National Bank of Romania Board Circular no. 34/2014 regarding the penalty rate for deficits minimum reserve...
View ArticleChanging the rate of the minimum mandatory reserves for funds in national...
In the Official Gazette of Romania, Part I, no. 746 dated 13 October 2014 was published the Circular no. 33/2014 issued by the Board of the National Bank of Romania for amending the rate of the minimum...
View ArticleHCCJ. Notification of the civil court as a result of dropping the criminal case
The High Court of Cassation and Justice has decided that the person who opted for civil claims in criminal court proceedings – in which the party can be a plaintiff claiming damages until the act of...
View ArticleHCCJ. Disregard of devolution limits
The High Court of Cassation and Justice ruled that, by debating aspects that exceed the limits of the appeal in the jurisdictional scrutiny of the lawsuit, directly in the reasons, the appellate court...
View ArticleHCCJ. Complaint filed by an association on behalf of its member. Territorial...
High Court of Cassation and Justice has ruled that the resolution of the appeal against the decision to recalculate the pension made by a non-profit legal person governed by private law established...
View ArticleTort trial based on the NCC
The High Court of Cassation and Justice has ruled that, where the injury pending action is the result of the construction of a motorway, as an initiative and action of the defendant, in this case the...
View ArticleHCCJ. Personal estate Action. Resolving Competence
The High Court of Cassation and Justice decided that, action seeking a declaration of the validity of an agreement concluded with regard to a property and a judgment that takes place of an authentic...
View ArticleRomanian Residency and Employment Rules Change for Foreigners
As a law firm in Romania many of the queries we have to deal with are in relation to employment matters as well as residential issues. Foreign investors and local companies hire or have seconded to...
View ArticleHow does taxation in Romania influence the competitive environment
The high cost of labor, the complicated ways of tax administration, the large number of parafiscal tax or fiscal resourcefulness (eg. „The pole tax”) endanger Romania’s competitiveness at European...
View ArticleHCCJ. Tort liability action based on New Civil Code
The High Court of Justice decided that, if the damage claimed through action is the result of building a motorrway, initiative and action of the defendant, in this case existing the refusal to cover...
View ArticleModification to Accounting Regulations applied to companies whose assets...
The Ministry of Public Finance launched thursday, 23 October 2014, in public debate, a project for the Directive for modifying and completing the Accounting Regulations according to international...
View ArticleApproval of Accounting Regulations regarding annual personal financial...
The Ministry of Public Finance launched thursday, 23 October 2014, in public debate, a project for the Directive for approving the Accounting Regulations regarding annual personal financial situations...
View ArticleNew Norms on the access to the NCTS-RO transit application
As very often shown by the practice, the application of the provisions from the customs duty can be a difficult exercise both for the Romanian authorities and for the tax payers. Recently, the...
View ArticleInterest rates paid on minimum reserve requirements starting with period...
In the Official Gazette of Romania, Part I, no. 756 dated 17 October 2014 was published the Management Board of National Bank of Romania Circular no. 35/2014, regarding the interest rates paid on...
View ArticleFunding guide regarding the Program of integrated coastal zone management
In the Official Gazette of Romania, Part I, no. 761 from 21 October 2014 was published the Order of the Minister of environment and climate change no. 1732/2014, funding the guide regarding the Program...
View ArticleHCCJ. Workplace misconduct
The High Court of Cassation and Justice has held that in case of a guilty breach, by public officials of the penitentiary system, of their service duties regarding the supervision of inmates by faulty...
View ArticleHCCJ. Sharing assets of the succession. Resolving jurisdiction
High Court of Cassation and Justice has ruled that, in accordance with art. 117 para. (3) NCCP, current regulation establishes the court from the place of the building for applications of judicial...
View ArticleThe tacit rental. Effects on the criminal clause
The High Court of Cassation and Justice has ruled that, in conclusion of the addenda extending the lease does not prevent a contract extension by tacit rental, if at the termination date of the last...
View ArticlePromise of sale. Ownership vs. right to claim
High Court of Cassation and Justice has ruled that, if the promissory seller of a preliminary contract of sale does not conclude the contract of sale of the promissory buyer, but by a third party, and...
View Article