ARTICOLE CORPORATE

Changes impacting the activity of the Romanian Trade Registry

A.       Legal changes effective since 2015 The most recent legislative changes to companies registered with the Romanian Trade Registry refer to the improvement and simplification of the dissolution, liquidation and de-registration procedures…

FATCA – a new tool to combat tax evasion

USA Congress enacted the FATCA legislation (which stands for Foreign Account Tax Compliance Act) in 2010 to mitigate tax evasion by US taxpayers directly owning unreported offshore accounts in non-US financial institutions or indirectly owning…

New changes as of January 1st, 2016

PFAs and dwelling-located companies have to register as such, and provide documents to have their local taxes established Companies and self-employed persons with home offices have to submit declarations to local tax authorities, by March 31st,…

Limited Liability Company Incorporation in Romania

The Limited Liability Company –”Societate cu Răspundere Limitată” (SRL) – is the most commonly incorporated type of company in Romania. There are no limitations in regard to the nationality and residence of directors and shareholders.…

Business organizational structures in Europe

Depending on the country, a company may be incorporated in as little as 4 days and up to a maximum of 30 days. In order to expand a business to the EU, or move a company from one member country to another one, it is important to know the necessary…

Changes in international tax environment

In the summer of 2013, the Organisation for Economic Co-operation and Development (OECD) released an action plan called "Base Erosion and Tax Shifting (BEPS)", which aimed to reduce the tendency of multinational corporations to shift profits…

The Mini One Stop Shop scheme applicable as of 1 January 2015

As of 1 January 2015, all EU Member States are introducing VAT changes. The new rules mainly concern the supply of electronic, telecommunication and broadcasting services made by non-EU suppliers to private individuals and non-business consumers…

Ebooks CJEU

End of the road for reduced rates for e-books? The Court of Justice of the European Union (CJEU) has given judgment in the infraction proceedings brought by the European Commission against France and Luxembourg and has ruled that the supply…

ARTICOLE LINGVISTICE

THE JOKE’S ON US

It is widely known that humour, like poetry, is quite difficult to convey in another language, and therefore puts a strain on translators. But what happens when humour is about translators? Although we usually strive to remain unnoticed in our…

TRANSLATION IN THE TOURISM INDUSTRY

Tourism is one of the industries most needing translation, due to the diversity of the people, languages and cultures in contact with each other, and also the ever-increasing demands for localization of contents in multiple languages. Essentially,…

WHY WE LOVE ARABIC

December 18 was the United Nations Arabic Language Day, the perfect opportunity to learn more about this language. Arabic Language Day was established in 2010 by UNESCO to promote cultural understanding and to highlight Arabic as one of the…

ON THE LANGUAGE OF RIDDLES

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,…

ENDANGERED LANGUAGES

Language endangerment is a serious concern to which linguists and language planners have turned their attention in the last several decades. For a variety of reasons, speakers of many smaller, less dominant languages stop using their heritage…

TRANSCREATION

With the countless advances in technology, social media, and business practices, it can be hard to keep track of all of the new terms and concepts that are born every day. Translation has been around for a while now, and localization seems to…

WHY WE LOVE RUSSIAN (I)

With more than 250 million speakers on this planet (and in space), Russian is the sixth most spoken language worldwide, the most spoken in Europe, and the second most used language on the Internet. Learning it may be very useful for communication…

WHEN BRILLIANT SAYINGS CANNOT BE LITERALLY TRANSLATED

By some estimates, the English language has more than one million words. Although impossible to establish an exact figure, it is generally agreed that there is no other language with so many words. And it’s not like any of us use all one million…

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