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Romanian Legal Week: August 15-21, 2016

HCCJ. What must be proved in case of a penalties clause that is part of a share sale and purchase agreement The High Court of Cassation …

Significant changes brought to Law no. 10/1995 on construction quality

Law no. 163/2016 for amending and supplementing Law no. 10/1995 on construction quality (“Law 163/2016” or “Amending Law”) was …

Romanian Legal Week: August 8-14, 2016

The Government issued the methodological requirements concerning the adoption law The Government approved on 10.08.2016, during its …

Submission deadline changed for form 394

Starting with the reporting period for July 2016, the legal deadline for submitting form 394 (the local sales and purchases list) is …

Deloitte Grows Digital Practice in Romania

In a move to offer solutions to meet ever changing needs of the market, Deloitte Romania is expanding its consulting practice by further …

Romanian Legal Week: August 1-7, 2016

European funds for SMEs in agriculture The European Investment Bank (EIB) has provided on 29 July 2016, a loan of 15 million euro to the …

CMS: Enactment of offshore regulations in Romania

On 28 July 2016, the “Law on the Safety of Offshore Oil Operations” (the “Offshore Law”) was published in the Official Gazette. The …

CMS: Romanian Energy law amendments affect electricity trading

On 28 June 2016, the Romanian Parliament adopted the “Law Amending and Supplementing the Romanian Energy and Natural Gas Law” (the …

Starting 1 August 2016, the reduced 9% VAT rate is applicable for specific goods /services used in the agricultural industry

Under Order 1155/ 868/2016, the reduced 9% VAT rate applies for the following categories of goods: - Fertilizers; - Pesticides; - Seeds …

Romanian Legal Week: July 25-31, 2016

The completion of the Regulations regarding the fees for the services of notaries public| Draft The Ministry of Justice has launched in …


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