PETERKA & PARTNERS expert takes part in “How to set up business in Romania” webinar
On 19 January 2023, PETERKA & PARTNERS, added its expertise to a webinar titled: “How to set up business in Romania”. The on-line event, hosted by Taxology and co-organized by PAIH, eMag, and Taxology was the fourth webinar in the “How to set up a business in…” series of events hosted by Urszula Fijałkowska and […]
New Social Dialogue Law – Significant changes refashion Romanian labour market
On 22 December 2022 was published in the Romanian Official Gazette the Law no. 367/2022 on social dialogue which entered into force on 25 December 2022. Law no. 367/2022 repealed the Law no. 62/2011 which regulated social dialogue in Romania. At the same time, Law no. 367/2022 brought about significant changes, which employers will have […]
Latest legal insights concerning the Romanian Labour Law
On 9 December 2022, Order no. 2171/2022 for the approval of the framework template of the individual labour agreement issued by the Ministry of Labour and Social Solidarity (“Order 2171/2022”) was published in the Romanian Official Gazette, Part I and came into force on the same day. Order 2171/2022 repealed Order no. 64/2003 for the […]
New template for individual labour agreements to come into force in Romania. Amendments to internal regulations
Further to the entry into force of Law 283/2022 for the amendment and completion of Law no. 53/2003 – the Labour Code, as well as of Government Emergency Ordinance no. 57/2019 regarding the Administrative Code (“Law 283/2022”), significant changes have occurred as regards the labour relationship between the employer and employee under the Romanian law. […]
PETERKA & PARTNERS Romania, a guest speaker at the recent Economic Mission organized by Flanders Investment & Trade in Bucharest
Our Romanian office has been a proud speaker at the recent Economic Mission organized by Flanders Investment & Trade in Bucharest. The mission was aimed to bring in Romania Flemish companies from various industries which are interested on this market, in view of joining a mixed business event comprising seminars, B2B meetings and networking sessions. […]
New legislation regarding crowdfunding in Romania
Law no. 244/2022 implementing Regulation (EU) 2020/1503 on European Crowdfunding Service Providers for Business and amending Regulation (EU) 2017/1129 and Directive (EU) 2019/1937 has been adopted, and on this occasion, slight changes have been made to the draft law published in May 2022. In addition to what the draft law stipulated, in order for the […]
Latest legal aspects connected to the preventing and combating tax evasion in Romania
Starting from 1 March 2022, companies which withhold and fail to pay payroll duties and/or contributions within 60 days from the due date are risking criminal penalties, as the provisions of Emergency Ordinance no. 130/2021 came into effect. Therefore, from 26 June 2022 onwards, criminal complaints started to be filed by the National Agency for […]
Smart contracts. When the code becomes the law
In a world of ever-expanding technological progress at the forefront of blockchain technology, Smart Contracts are claiming a well-deserved place in the legal spotlight. Though not yet considered mature enough to be subject to specific regulation, their legal implications are closely being assessed and where they can be successfully implemented in real-world scenarios is being […]
PETERKA & PARTNERS Romania, a speaker at Bucharest E-commerce Day organized by Czech Trade
We are honoured that PETERKA & PARTNERS Romania continues to be a a reliable partner of Czech Trade Bucharest, by having the opportunity to act as a speaker within their events. On September 20, our Romanian office participated as a speaker during Bucharest E-commerce Day organized by Czech Trade. Andrei Dumitrescu, one of our valuable […]
Important amendments and supplements to law no. 85/2014 on insolvency prevention and insolvency proceedings in Romania
The Romanian team of PETERKA & PARTNERS regularly focuses its attention on the most important legislative changes occurring in various key areas, including insolvency. Recently, Law no. 216/2022 has reshaped many of the essential provisions of Law 85/2014 on insolvency prevention and insolvency proceedings, mainly concerning insolvency prevention procedures – the ad-hoc mandate which was […]