Shift of taxes from employers to employees
Beginning with 01.01.2018 will enter into force the provisions of the Emergency Ordinance no.79/2017 for amendments and completion of Law No.227/2015 regarding the Fiscal Code, which changes the payment methods of the contributions.
How do I legally incorporate my company? – Guide to Incorporate a Limited Liability Company (SRL) in Romania
Whatever we refer to foreign or domestic investors, the most common form of doing business in Romania is through a Limited Liability Company (SRL). Benefits speak for themselves: quick registration with low administrative obligation, low cost of registration, a minimum social capital of 200 RON, shareholders cannot be held personally liable for the debts or actions of the corporation.
Big producers of energy regain the electricity market in Romania
According to a recently issued Law 122 on 3rd of July 20151, regarding the new measures in the electricity field (hereinafter “Law 122/2015”) is again changing the possibility to enter on the market for big producers of energy, which develop an electricity power producing capacities of 125 MW or more, up to 250 MW (hereinafter “Big Producers”), do not need a separate individual approval of the European Commission, if attested by the Regulatory Authority in the field of energy.