The right time to change the current payroll provider may depend on various elements like overall HR/financial performance indicators, HR/ financial company strategic imperatives or operational risks. There are two distinct situations when to consider…
I ORDINANCE No. 16/2023 amending and supplementing Law No. 207/2015 on the Fiscal Procedure Code Published in the Official Gazette no. 86/ 31.01.2023 The Ordinance transposes into Romanian law the provisions of European Directive 2021/514…
Hereby we would like to inform you that the rules related to the reimbursement of expenses for commuting to work have been modified from 28th January 2023. In the case of daily commuting to work…
Key facts + Territory: 238,397 km2 + Population: 19,1 million + Population in Bucharest: 1,83 million + Population growth rate: ~0,6 per year + Population growth rate in Bucharest: ~2,2 per year…
I Government DECISION no. 1.577/2022 for the amendment of the Methodological Norms for the application of Law on paternity leave no. 210/1999, approved by Government Decision no. 244/2000 Published in Official Gazette no. 6/04.01.2023 It…
I EMERGENCY ORDINANCE no. 164/2022 for the amendment and completion of the Ordinance of Government emergency no. 111/2010 regarding leave and monthly allowance for raising children Published in the Official Gazette no. 1173/ 07.12.2022 Amends…
I CIRCULAR no. 37/2022 regarding the reference interest rate level of the National Bank of Romania Published in the Official Gazette no. 1078/08.11.2022 The level of the reference interest rate of the National Bank of…
I LAW no. 275/2022 regarding the rejection of the Government Emergency Ordinance no. 37/2021 for the amendment and completion of Law no. 53/2003 — Labor Code Published in the Official Gazette no. 961/02.10.2022 Rejects the…
According to the announcement of the Hungarian Tax Authority (NAV) the amount of the health service contribution will be HUF 9600 per month and HUF 320 per day, from 1 January 2023, which is a…
A new Government Decree, published on 6th October 2022 under the number of 381/2022, includes amendments of the preferential use of the SZÉP card. Previously, it was possible to use the amounts on the SZÉP…
A shelf company, also known as a ready-made company, is a company that has no activity and was incorporated for resale and future use. It is a totally empty entity, which has no liabilities or…
I ORDER no. 2.048/2022 of the Ministry of Finance regarding the completion of accounting Regulations applicable to economic operators Published in the Official Gazette no. 878/07.09.2022 Completes the accounting regulations with the provisions of a European Directive.
I ORDINANCE no. 18/2022 regarding the authorization and operation in Romania of the representative offices of foreign companies and economic organizations Published in the Official Gazette no. 779/04.08.2022 Implements a new procedure for the authorization…
I ORDER no. 1525/2022 on establishing the Procedure for granting fiscal facilities in the sector agricultural and food industry Published in the Official Gazette no. 661 / 01.07.2022 Approves the Procedure for granting tax facilities…
The most popular extra-salary benefits with tax advantages granted by employers in Romania Granting extra-salary benefits is one of the ways to motivate and retain employees. I will list below the most important extra-salary benefits,…
I. ORDER no. 1090/2022 regarding the approval of the Communication procedure by electronic means of communication between the central tax authority and individuals, companies and other entities without legal personality Published in the Official Gazette no.…
I. LAW no. 124/2022 on the approval of the Government Emergency Ordinance no.43/2021 for the extension of the term for submitting the annual declaration regarding the real beneficiary of the legal person, provided in art. 56…
I. LAW no. 72/2022 for the cancellation of some fiscal obligations and for the modification of some legislation Published in the Official Gazette no. 315/31.03.2022 1. Cancel the differences in principal and / or auxiliary…
Registration of the employees’ contracts Each employer shall be under the obligation to settle an internal general register record of all the employees, in electronic format, which shall be transmitted to the Territorial Labour Inspectorate.…
I. Law no. 32/2022 for the approval of the Government Emergency Ordinance no. 30/2021 regarding some fiscal measures. Approves the Government Emergency Ordinance no. 30/2021 regarding some fiscal measures. The ordinance establishes the procedure for applying the…
