The changes recently proposed by the Ministry of Public Finance (MPF) in relation to the Tax Code and the Tax Procedure Code were passed by the Romanian Government on November 16th, 2016; the Emergency Ordinance is to be published in the Official…
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As of January, 1st 2016, when the new Tax Procedure Code entered into force, ANAF began a campaign to notify companies that have not renewed their registered offices, threatening with declaring them inactive for tax purposes if their situation…
https://www.lexington.ro/wp-content/uploads/2020/05/Lexington-300x72.png00lexadminhttps://www.lexington.ro/wp-content/uploads/2020/05/Lexington-300x72.pnglexadmin2016-11-29 22:23:442020-06-17 22:24:00TAX INACTIVITY IN CASE OF AN EXPIRED REGISTERED OFFICE
Have you ever wondered why we love riddles so much? Is it the double or veiled meaning they put forth, our penchant for puzzle solving, the intriguing opposition between two or more descriptive elements the referent of which must be identified,…
https://www.lexington.ro/wp-content/uploads/2020/05/Lexington-300x72.png00lexadminhttps://www.lexington.ro/wp-content/uploads/2020/05/Lexington-300x72.pnglexadmin2016-11-28 14:24:482020-05-19 14:25:07ON THE LANGUAGE OF RIDDLES
An employer can stipulate at least four specific clauses in an individual employment contract, according to the Romanian Labour Code: the non-compete clause, the confidentiality clause, the mobility clause and the vocational training clause.
As of August 1st, 2016, a new category of employees is exempt from income tax on wages and other wage-related income. It consists of employees who carry out applied research and development activities and/or technological development activities,…
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