By the draft government emergency ordinance published on 14 January, the NCPA seeks to consolidate its enforcement powers by the considerable increase of the amounts of the fines that this authority will be able to enforce against companies. Thus, sanctioning with anything but turnover percentages…
The Law No. 163/2018 for amending and supplementing the Accounting Law no. 82/1991 (“Accounting Law”), the Companies Law No. 31/1990 (“Companies Law”) and the Law No. 1/2005 pertaining to the organization and operation of cooperatives, has been published in the Official Gazette of Romania No.…
Currently this article is only available in Romanian.
The Romanian Parliament has recently adopted Law no. 81/2018 regulating teleworking (the “Teleworking Law”). The Teleworking Law was published in the Official Gazette of Romania, Part 1, no. 296/02.04.2018. Definition of Teleworking Teleworking is defined as a form of organising the work that allows an…
Leroy şi Asociaţii is legal counsel to the International Finance Corporation (IFC), the investment division of the World Bank, on the listing of shares representing 49% of the share capital of Purcari Wineries, on the spot regulated market operated by the Bucharest Stock Exchange. The…
Currently this article is only available in Romanian. (more…)
Currently this article is only available in Romanian. (more…)
The Romanian Ministry of Finance has recently passed Order no. 3337/2017 which extends the category of software developers who benefit from income tax exemption (“Order 3337/2017” or the “New Order”). Order 3337/2017 was published in the Official Gazette of Romania, Part 1, No. 52/18.01.2018. The…
Currently this article is only available in Romanian. (more…)
The focus on personal data protection is today at its peak, considering the upcoming replacement of the Data Protection Directive 95/46/EC (the “DPD”) with the General Data Protection Regulation 2016/679 (the “GDPR”), starting 25 May 2018. Opinion no. 2/2017 on data processing at work (hereinafter…
Currently this article is only available in Romanian. (more…)