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NAVIGATING THE CHANGES: LAW NO. 222/2023 AND ITS IMPACT ON ROMANIAN BUSINESSES

Navigating the Changes: Law no. 222/2023 and Its Impact on Romanian Businesses

This law brings amendments to the Companies Law no. 31/1990 and Law no. 265/2022 concerning the trade register in Romania. It also introduces changes to various other normative acts that influence registration in the trade register. Let’s delve deeper into the most significant amendments and their practical implications for businesses opperating in Romania. An Overview of Law no. 222/2023 Law […]

Company Law: simplification in the procedures for mergers and spin-offs

With a view to observe the commitment undertaken by the Romanian Government in respect of continuing the development of the economic and financial reforms for maintaining the stability of the Romanian economy, the Government Emergency Ordinance no. 2/2012 for amending and supplementing of the Company Law was published in the Official Gazette no. 143/2012 (G.E.O 2/2012) [in Romanian, Ordonanta de […]

New criteria for VAT purposes registration

Order no. 2795/2011 of the Minister of Public Finance, regulating the criteria for VAT purpose registration, was published in the Official Gazette no. 824 of November 22, 2011 [in Romanian, Ordin nr. 2795 din 10 noiembrie 2011 privind stabilirea criteriilor pentru conditionarea inregistrării in scopuri de TVA]. Order no. 2795/2011 repeals Order no. 1984/2011, provading a new registration procedure and […]

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