Plăcintescu Riti Lucian has contributed with relevant information from the Romanian law perspective for the Private M&A chapter of the “Practical Law” global guide published by Thomson Reuters. Bogdan Riti, Ileana Lucian and Silvia Dumitrache provided a high level relevant overview on corporate entities, acquisition methods, preliminary agreements commonly made between sellers and...Read More
Law no. 163/2018 on amending and supplementing Accountancy Law no. 82/1991, Company Law no. 31/1990 and Law no. 1/2005 on organization and functioning of the cooperatives was published in the Official Gazette of Romania no. 595 on July 12, 2018 and it is applicable as of July 15, 2018.
This new enactment brings important changes to the previous legal provisions on...Read More
Three years as of the first legislative project on telework the law regulating the telework activity was finally enacted.
Until now the Romanian labour law has regulated only the work from home as a way of working remotely. The Law no. 81/2018 on telework activity is more than welcome, as telework has important particularities that could not be properly regulated between the parties...Read More
Order 409/4020/737/703 regarding the framing into the software activity has been published into the Official Gazette no. 468 as of 22 June 2017 and came into force as of July 1, 2017, repealing the Order 872/5.932/2.284/2.903/2016 regarding the framing into the software activity. This order becomes applicable starting with the incomes related to July 2017.
This new order brings two...Read More
Amendments to the Labour Code
The Government Emergency Ordinance no. 53/2017, applicable starting with August 7, 2017, brings a series of significant amendments to the Romanian Labour Code, most of them being intended to reduce the undeclared work and to allow the authorities to properly check if the employers „benefit” of undeclared work.
Although performing the work without...Read More