Romanian Law

/Romanian Law

Tax Update, All Change – Perhaps?

The Romanian Government has done what very few Governments in the past have done and that is that they have united both employers and Unions in a common cause.  They have done this by implementing the measures set out in Emergency Ordinance 79/2017 (“Ordinance “). This Ordinance was published on 10th November 2017 and [...]

By | November 17th, 2017|Categories: Employment, Romanian Law, Romanian Taxes|0 Comments

The Insolvency procedure

What do you do when the company with whom you have been trading goes into insolvency. The first reaction is to blame someone.  The next reaction is to review your financial position in relation to the company which has gone into insolvency.  You will need to review your written contracts with them and to [...]

Data Protection – The Romanian Approach

In April 2016, the European Union adopted the EU Regulation 2016/679 (General Data Protection Regulation – GDPR) on the protection of natural persons with regard to the Processing of Personal Data and on the free movement of such data, and the subsequent repeal of Directive 95/46/EC The GDPR is to apply starting on [...]

By | September 19th, 2017|Categories: Intellectual Property, Romanian Business, Romanian Law|0 Comments

Amendment to the Labour Code

As a Romanian law firm dealing with Labour related issues it is interesting to see the amendments to the Labour Code recently introduced by the Government. The Romanian Government last month introduced amendments to the Labour Code. Whilst these changes are not fundamental they do impact on potential employers as well as current [...]

By | September 13th, 2017|Categories: Employment, Romanian Law|Tags: , , |0 Comments

Romanian Product Warranties

As part of Romania’s continued movement towards a fully integrated European Union country there has been a steady movement towards increasing consumer protection.  Suppliers of goods and services have become aware of the duties they owe their customers whether they be private individuals or a commercial buyer. The legislation covering the liability of [...]

Trade Mark Registration – Romania

The registration of a trademark in Romania involves several steps and procedures which must be closely observed. The Trade Mark registration can be carried out by a lawyer or similar person or by the owner of the trade mark themselves. We are often asked as a Romanian law Firm for advice on Trade [...]

By | April 12th, 2017|Categories: Romanian Law|Tags: , , |0 Comments

Transfer Pricing in Romania

Transfer pricing is becoming more and more of an issue in Romania.  Although not a member yet of OECD Romania has tried in many cases to follow the rules of the OECD.  A number of recent treaties against Double Taxation follow the OECD recommended format. One of the areas in which the OECD [...]

By | February 27th, 2017|Categories: Romanian Business, Romanian Law, Romanian Taxes|0 Comments

The position of an administrator in a limited liability company in Romania

This article is intended to clarify some of the questions which arise regarding the role powers and authority of an administrator in a Romanian company.  The powers of the administrator in a Romanian limited liability company are not that extensive in comparison to the powers of administrators of other companies in Europe or [...]

To be or not to be an Employee

Romania being Romania has a different approach to directors of companies and their relationship with such companies.  It is very easy for someone not from Romania to use the word director.  The word director has a different meaning in Romanian commercial parlance.  A director is more akin to a manager.  They do not [...]

Child Abduction

The custody and control of children is under Romanian law that of the parents and to those to whom courts delegate this authority. Parental authority involves both rights and obligations for the parents for the education and raising of children.  The rule is that parental authority is exercised jointly by both parents, regardless [...]

By | October 18th, 2016|Categories: Romanian Law, Romanian Social Issues, Uncategorized|0 Comments