PETERKA & PARTNERS Romania assisting important client in fashion industry with regard to various labour matters in light of continuing its activity during COVID-19 pandemic
PETERKA & PARTNERS Romania is providing legal assistance to the Romanian subsidiary of a renowned fashion shoes manufacturer with regard to the implementation of several labour measures following the COVID-19 pandemic, the state of emergency, and the passing of relevant new legislation. The assistance consists in analysing the best applicable scenarios in light of the […]
Romania announces special requirements for holding general meetings of shareholders during Covid-19 crisis period
The general meetings of shareholders of Romanian companies can take place under special conditions due to the current Covid-19 pandemic, as a result of the various implemented restrictions in the movement of population. New rules allow meetings to be held by means of distance communication platforms and provide for the postponement of the statutory term […]
New state aid rules for small and medium-sized enterprises affected by COVID-19 pandemic in Romania
The coronavirus crisis has created a number of economic difficulties for companies, many of them in great need of liquidities. In this context, the Small and Medium-Sized Invest Program (“SME Invest Program”), through which the state guarantees certain loans contracted by small and medium-sized enterprises (“SMEs”) for investments and working capital, has undergone certain changes […]
New measures adopted in the area of economic and social protection during COVID-19 epidemic in Romania
PETERKA & PARTNERS Romania has prepared a leaflet focusing on the new measures adopted in the area of economic and social protection during the state of emergency in Romania caused by COVID-19 epidemic. Please follow this link and stay up-to-date with the latest news on this topic.
Procedure for obtaining emergency situation certificates by economic operators affected by Covid- 19 pandemic in Romania
PETERKA & PARTNERS Romania brings into your attention information about the procedure for obtaining the emergency situation certificates by the economic operators affected by the Covid- 19 pandemic, issued by the Romanian Ministry of Economy, Energy and the Business Environment. To read the full article, please follow this link.
First set of economic and tax-budgetary measures in context of COVID-19 epidemic
PETERKA & PARTNERS Romania has prepared a leaflet enclosing a summary of the first set of economic and tax-budgetary measures in Romania, following the COVID-19 epidemic. Please follow this link and read valuable information for your business. For any further information and assistance with respect to the above and any other COVID-19 related legal matters, […]
Covid-19 – Temporary amendments in the field of prescription and termination of rights terms in Romania
By the Decree no. 195/2020 instituting the state of emergency on the territory of Romania it were laid down, among others, certain measures in the field of prescription and termination of rights. Under the special and restrictive circumstances of the COVID-19 pandemic, the new Decree no. 195/2020 upholds the legitimate rights and interests of creditors […]
Romanian office organized first seminar of year: “Tax Novelties for 2020. Main Issues Related to Tax Inspections”
PETERKA & PARTNERS Romania, in partnership with the Belgian Luxembourg Romanian Moldovan Chamber of Commerce, successfully organized a business breakfast and seminar on 26 February, at the Marshal Garden Hotel in Bucharest. The seminar was called “Tax Novelties for 2020. Main Issues Related to Tax Inspections”. Ioana Sebestin, Senior Associate and Deputy Director of the […]
PETERKA & PARTNERS Romania successfully organized “Compliance challenges. New AML Rules in Romania” business breakfast
PETERKA & PARTNERS Romania, with the support of the Embassy of the Czech Republic in Romania, organized a business breakfast and seminar entitled “Compliance challenges. New AML Rules in Romania” on 21 November in Bucharest. The opening speech was given by Mr. Rudolf Opatřil, Economic Counsellor at the Czech Embassy in Romania. Afterwards, the speakers […]
Simplified conditions for VAT intra-Community exemption as of January 2020 in Romania
Starting on 1 January 2020, important amendments as regards to intra-Community transactions from the point of view of value-added tax (“VAT”) will be introduced in Romania. The main changes will refer to simplification of the rules regarding call-off stocks and regarding successive transactions, as well as the amendment/simplification of the conditions for the application of […]