CLA Global Welcomes New Network Member In Romania
London - Today, CLA Global Limited (CLA Global), a leading international organization comprised of independent accounting and advisory...
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Jan 19, 2019
New restrictions regarding the use of day workers in 2019
In a recent amendment to Law no. 52/2011 on the performance of occasional activities by day workers (“Law 52/2011”), the Romanian...
Jan 16, 2019
Nexia International breaks US$4bn in global revenues
16 January 2019 Nexia International (Nexia), the ninth largest global network of independent accounting and consulting firms, is...
Jan 9, 2019
Increase in the National Minimum Gross Wage for 2019.
Government Decision no. 937/2018 on establishing the national minimum gross basic wage guaranteed for payment (“GD 937/2018”), published...
Dec 21, 2018
Legislative changes regarding the increase of minimum gross wage per economy and its impact on the i
Starting with 01.01.2019, the minimum gross wage per economy guaranteed will be increased from Ron 1900 to Ron 2080, for employed...
Dec 19, 2018
ON THE ROLE AND CORRECT USE OF MODIFIERS
Modifiers are words, phrases, or clauses that add description to sentences. Typically, you will find a modifier placed right next to the...
Nov 29, 2018
Clawback return to be modified in two steps
The clawback tax mechanism will be changed in two steps, with the Medicines Health House’s budget first being indexed to the inflation...
Nov 25, 2018
TIPS TO IMPROVE YOUR TRANSLATION
Starting with the definition of the translation – the communication of the meaning of a source-language text by means of an equivalent...
Nov 16, 2018
Quarterly distribution of dividends
According to Law no. 163/2018 on amending and supplementing Accounting Law no. 82/1991, Companies Law no. 31/1990, as well as on amending...
Nov 15, 2018
Legislative changes of some normative acts regarding the regime of foreigners in Romania, in force s
Law no. 247/2018 amends and supplements GEO no. 194/2002 on the regime of foreigners in Romania as well as Government Ordinance no....
Nov 6, 2018
E.U. COURT OF JUSTICE / Right to deduction in case of cancelled acquisition of shares
By the planned acquisition of shares in the target company, potential acquirer’s intention was to provide the target company with...
Oct 8, 2018
ABOUT FANTASTIC RAPPING MAGICIANS AND WHERE TO FIND THEM
I have always regarded translation and language interpreting as means of communication and translators/interpreters as communicators....
Oct 2, 2018
Updates regarding secondment of workers in the framework of the provision of services
In the Official Journal of the European Union from 01.07.2018 has been published the European Directive no. 2018/957 amending the EU...
Sep 28, 2018
The reverse charge will be extended until June 30, 2022
The period of application of the reverse charge mechanism in relation to operations involving goods and services at risk of fraud was...
Aug 25, 2018
WHAT ABOUT TRANSLATIONS?!?
The English word translation derives from the Latin word “translatio”, which comes from “trans”, across + “ferre”, to carry or to bring...
Aug 20, 2018
Romanian Parliament Approves Tax Law for Natural Gas Sector
Romania’s Chamber of Deputies (lower house of Parliament) on July 9 approved the amended draft of a law on the taxation of offshore oil...
Aug 20, 2018
CJEU to Consider Romanian VAT Exemption for Drilling Rigs
Summary The Court of Justice of the European Union has published the reference for a Romanian case (C-291/18) on whether article 148(c)...
Aug 20, 2018
VAT Directive Precludes Romanian Transport Services VAT Deduction Rules
Citations: Cartrans Spedition Srl v. Romania; C-495/17 Summary Advocate General Eleanor Sharpston in Cartrans Spedition Srl v. Romania,...
Aug 10, 2018
DOES IRON MAN REALLY SPEAK RUSSIAN THAT WELL?
Whenever I travel outside of my usual milieu, I like to buy local newspapers and watch at least a bit of local TV, just for the fun of...
Aug 8, 2018
Update to the GD no. 946/2017 on establishing the quota types of 2018 newly admitted employees to th
Government Decision no. 946/2017 published in the Official Gazette on 29th of December 2017, established a total number of 7000...
Jul 23, 2018
Legislative changes regarding the conditions of issuing the employment approvals for foreign citizen
According to Government Emergency Ordinance no. 75/2018, art. 4 paragraph 2 from Ordinance no. 25/2014 regarding the employment and...
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