Overlapping of tele-working and posting under Romanian legislation
Following recent amendments to the legislation regulating tele-working in Romania, workers have found themselves in a situation in which the provisions of posting might be relevant in the case of tele-working. For more details regarding this topic, please open this link and read the article prepared by our Romanian team.
Recent instructions issued by Romanian Trade Registry
New instructions have been issued by the Romanian Trade Registry in May 2021 which envisage the wording related to the “unlimited term” of Romanian companies, and the duration of the mandate of directors of Romanian limited liability companies. Further to such instructions, the term used for companies that do not have a limited term will […]
PETERKA & PARTNERS Romania, proud speaker at Polish Investment & Trade Agency Bucharest webinar
Romania continues to be an attractive market for foreign investors, and investing in this jurisdiction offers several advantages due to its market potential, strategic location and competitive business and legal environments. On 7 July, PETERKA & PARTNERS Romania will participate as a speaker at the webinar “Doing Business in Romania – Legal and Tax Aspects, […]
PETERKA & PARTNERS Romania assists Romanian entrepreneur on exit from joint venture
PETERKA & PARTNERS Romania has recently assisted a Romanian entrepreneur holding a minority participation in a Romanian leather goods producer, in connection with the various competition and M&A related issues involved in a transaction concerning the transfer of shares/exit from a joint venture with a well-known Italian brand. The project is important as it concerned, […]
PETERKA & PARTNERS Romania, once again partner and sponsor of unique Czech Centre Bucharest project
PETERKA & PARTNERS Romania continues to be a reliable partner and sponsor of the cultural and social projects conducted by Czech Centre Bucharest. Following our past successful cooperation, we were proud to aid an innovative cultural project by once again being a sponsor during the preparation and the launching of the “Drum Bun Map”. The […]
Recent amendments regarding annual statement for UBO announced in Romania
At the end of May 2021, by Government Emergency Ordinance no. 43/2021, the deadline for the submission of the annual Ultimate Beneficial Owner statement for Romanian companies was extended for the year 2021 until October 1st. According to previous rules, the deadline for such submission was 15 days as of the approval of the financial […]
New amendments in Romania with regard to reinsertion stimulus for parents
On 17 May 2021, Emergency Ordinance 26/2021 for the amendment and completion of Government Emergency Ordinance no. 111/2010 regarding leave and indemnity for the raising of children (EO 26/2021) came into force. The most important changes envisage the right of parents returning to work before certain deadlines, after having taken leave for the raising of […]
PETERKA & PARTNERS Romania advises leading worldwide provider of payment technology services
Legal advisory services to the local branch of one of the leading worldwide providers of payment technology services, in connection with day-to-day contractual matters. The assistance was in regards to various matters, from the drafting of specific agreements to negotiations with the client’s business partners. By handling such tasks and envisaging the relationship with different […]
New rules regarding availability of Official Gazette of Romania
On 2 April 2021, Law no. 57/2021 for the amendment of article 18 of Law no. 202/1998 regarding the organization of the Official Gazette of Romania was published in the Official Gazette. The new amendment came into force on 5 April 2021. The Official Gazette of Romania will continue to be published both electronically and […]
Cryptocurrency, a reality to still be further regulated by lawmakers
Cryptocurrency has become a hot topic and the need to regulate it has never been more important. Our team is constantly monitoring the changes in national and European legislation, as well as the practice of the courts, in order to understand fully the extent of the obligations surrounding cryptocurrency. In this sense, we are constantly […]