New regulations regarding the security plan of assets
Starting with the 1st of January 2016 the Government Decision no. 301/11 April 2012 (“GD no. 301″) will enter into force, approving the Methodological Norms for the application of Law no. 333/2003 on...
View ArticleThe conditions for deductible expenses
The High Court of Cassation and Justice ruled that right of VAT deduction on acquisition of goods is conditioned by the destination of the bought goods, meaning that these must be destined for the use...
View ArticleConditions for exercising the right of representation by company’s directors
The High Court of Cassation and Justice ruled that, in accordance to art. 701 of Law no. 31/1990, the acts of disposal over the company’s goods and concluded by the legal representatives under the...
View ArticleTax incentives relative to penalties for late payment and 54.2% of the...
Monitorul Oficial al Romaniei, Part I, No 785 of 21 October 2015 has published Government Emergency Ordinance No 44/2015 on the granting of tax incentives (the “ Ordinance”) . According to the...
View ArticleBondoc & Asociatii advised Immigon on real estate sales in Romania
Bondoc & Asociatii advised Immigon for the sale of its land plots in Sibiu, Satu Mare, Dragomiresti Vale and Oradea, part of its portfolio of assets in Romania. The 4 lawyers team was coordinated...
View ArticleAction for absolute nullity of a management services agreement
The High Court of Cassation and Justice decided that nullity occurs as a penalty in case of a violation of the law when concluding a legal act, so that the reasons for requesting such sanction must be...
View ArticleConstruction Law. New legislative proposals on subcontracting and change of...
Alina Bilan, ONV LAW managing partner, explained the changes brought by new legislative proposals on subcontracting and change of public procurement contracts in the Machinery and Equipment Conference...
View ArticleRegime of community property. Act of ownership vs. Act of administration
The High Court of Cassation and Justice ruled that, according to the provisions of Art. 345 of the New Civil Code, each spouse may enter not only acts of conservation or acts of administration...
View ArticleLawyr.it launches a new Open Call for submissions
Lawyr.it, the only student-powered legal publication focused on Central Eastern Europe, has launched a new open call for the tenth edition of their magazine. Law students presently enrolled in a...
View ArticleThe New Tax Code and the New Tax Procedure Code Amended
Monitorul Oficial al Romaniei, Part I, No 817 of 3 November 2015 has published Government Emergency Ordinance No 50/2015 amending and supplementing Law No 227/2015, regarding the Tax Code, and Law No...
View ArticleNew Legal Provisions regarding the Management of Packaging and Packaging Waste
Monitorul Oficial al Romaniei, Part I, No 809 / 30 October 2015 has published the law concerning the management of packaging and packaging waste (hereinafter the “Law”). The new legal provisions which...
View ArticleThe necessary conditions to exercise the right to get a VAT reimbursement
The High Court of Cassation and Justice has ruled that the provisions of the Code of fiscal procedure, Art. 85 and Art. 88, impose upon the fiscal authorities the obligation to issue a decision...
View ArticleEstablishing a restrictive requirement for qualification in the public...
The High Court of Cassation and Justice decided that provided that the contracting authority did not limit at using in the tender documentation as qualification requirements, only submitting “the...
View ArticleThe absolute nullity of the abusive clauses before the entry into force of...
The plenum of the Constitutional Court reunited in the Tuesday meeting, the 3rd of November 2015, in order to solve the unconstitutionality exception of the provisions of Article 21, Law no. 72/2013 on...
View ArticleRecourse in the interests of law admitted. Illegal exercise of the profession...
In the Official Gazette of Romania, Part I, no. 816 of 3 November 2015 the 15/2015 Decision was published regarding the examination of the appeal on points of law filed by the general prosecutor...
View ArticleNew regulations on business interruption sanctions due to non-observance of...
The Government Decision no. 915 establishing the criteria for stopping the operation or use of buildings or establishments determined by serious breach of the requirements for fire safety in terms of...
View ArticleThe norms on granting the Authorised Economic Operator (“AEO”) status have...
After six years from the date of the last amendment, the General Customs Directorate has revised the national norms for granting the AEO status. They entered into force on October, 27th, this year. The...
View ArticleDoes Corporate Santa Claus Bear VAT?
In many industries, the end of the year represents a moment of assessment of targets completion and also rewarding those clients with whom the company has reached certain business level, or in other...
View ArticleThe latest success of VILAU | ASSOCIATES for Timisoara International Airport....
Aeroportul International Timisoara – Traian Vuia S.A. was successful for the second time, in court against the accusations brought by Carpatair S.A. concerning an alleged abuse of dominant position....
View ArticlePrinciple of party disposition
The High Court of Cassation and Justice has ruled that the reason for revision, which is stated in art. 322 pt. 2 of the Code of Civil Procedure (art. 509 par. 1 pt. 1 of the new Code of Civil … Read...
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