Payroll

Romania: Anti-Money Laundering

The following reporting entities are subject to Anti-Money Laundering requirements in Romania: a) Romanian legal entities credit institutions, and branches of foreign legal entities credit institutions; b) Romanian financial institutions and branches of financial institutions from other Member States; c) private pension fund managers for their own behalf and for

Fiscal facilities related to expenditures on early education, vocational and technical education, and dual education

Law no. 239/2020 for the amendment and completion of Law no. 227/2015 regarding the Fiscal Code Article 25 (4), after point (i), has two new points (i1) and (i2) with the following content: “i1) the expenses regarding the operation of the early education units under the administration of the taxpayer

Government Decision no. 4/13.01.2021 on the establishment of the minimum gross base salary guaranteed for payment at national level

According to Government Decision no. 4/13.01.2021 published in the Official Gazette, starting with the date of entry into force of this decision, the minimum gross base salary guaranteed for payment at national level will be: from LEI 2.230 lei to LEI 2,300 for an average full-time schedule of 169,333 hours/month, 13,583 LEI/hour

Assessment of the risk of accident and occupational disease

We draw attention to the following aspects related to the obligation of employers to ensure the safety and health of employees in all aspects related to work (Labor Code - Title V, Chapter 1, art.175). Law no. 319/2006 on occupational safety and health contains the following provisions regarding the obligation

Facilities for employees and employers

Changes regarding the payment of the Disability Fund: Law no. 193/2020, published in the Official Gazette no. 767 of 21 August 2020 amends art.78 paragraph (3) of Law no.448 / 2006, gives employers the opportunity to choose one of the following options, regarding the payment of the disability fund, to the state: to

Law no. 19/2020 on granting parents free days for the supervision of children, in the situation of temporary closure of the educational establishments

Law no. 19/2020 published in the Official Gazette on March 14, 2020 provides for the granting of free days to one of the parents for the supervision of the children, in the situation of temporary closure of the schools where they are enrolled, as a result of the extreme situations

Chamber of Deputies adopted the draft law for the increase of the nominal value of the meal vouchers from 15.18 lei, to 20 lei

The draft law amends art. 14 of Law no. 165/2018 regarding the value tickets: “Art.14.- The nominal value of a meal ticket may not exceed the amount of 20 lei at the date of application of the provisions of this law.” Companies, as well as other individuals and legal persons

Newsletter regarding the modification of part-time contract contributions, effective January 1, 2020

Law 263/2019 – published in the Official Gazette no 1054 of December 30, 2019, part I – eliminates the provision introduced in 2017, whereby wages for part-time employment contracts (<8h / day) were taxed at least at the minimum wage value on economy’s level. Starting with January 1, 2020, part-time

Government Decision no. 935/2019 on the establishment of the minimum gross base salary guaranteed for payment at national level

According to Government Decision no. 935 / 13.12.2019 published in the Official, starting from January 1 st 2020 the minimum gross base salary guaranteed for payment at national level will be: ➢ from LEI 2.080 lei to LEI 2.230 for an average full-time schedule of 167,333 hours/month, 13,327 LEI/hour ;

Easter Greetings from our team!

Our team of professional is available for any clarifications or additional details required in your analysis. The above information represents just a summary of aspects we consider relevant in the recently published legislation. This is not exhaustive disclosure of information and it is not intended to be used as advice

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