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The job descriptions and the Internal Regulation of the company become binding again

According to Law No. 275/2022 on the rejection of Government Emergency Ordinance No. 37/2021 amending and completing Law No. 53/2003 - Labor Code, as of October 6, 2022, initially abolishing the obligation to prepare job descriptions and internal regulations for microenterprises with up to 9 employees will repeal. As of

Amendment of the paternal leave law

According to GEO 117/2022, the duration of paternity leave is ten working days, to which five additional days are granted for employees who follow a childcare course. According to the above ordinance, the father may benefit from paternity leave for each newborn child, based on the certificate of graduation of

GEO 57/2022 – Regulations in the field of equal opportunities for the employees

To harmonize the EU Directive no. 1158 /2019 with the Romanian legislation, in the Official Gazette no. 431 of 3 May 2022 was published the Government Emergency Ordinance no. 57/2022 for the completion and amendment of Law no. 202/2002 on equal opportunities and treatment between women and men and the

New procedure for the authorization and operating the Representatives of non-resident companies in Romania

Under Government Ordinance 18/2022 entered into force on August 7th , a new procedure was established for the authorization and operating the Representatives of non-resident companies in Romania, procedure to become operational within a maximum of 180 days from the entry into force of the regulation. As a novelty, the entire

New rules applicable to micro-enterprises and changes to the dividend tax adopted by the Government by Ordinance no. 16/2022 – applicable from 1 January 2023

Micro-enterprises: The turnover threshold for applying the micro-enterprise income tax is changed from EUR 1.000.000 equivalent to EUR 500.000 equivalent in lei. This condition regarding the threshold must be fulfilled on 31.12.2022 for 2023. Suppose a company that pays micro-enterprise income exceeds the turnover threshold of EUR 500.000 during the

Taxation of part-time contracts – changes starting with August 1, 2022

According to GEO 16/2022, starting with August 2022, part-time employment contracts will be taxed at least at the level of the minimum gross salary per country of 2,550 lei, corresponding to the number of working days on which the contract has been active. The exceptions for which the increased amounts

The nominal value of the meal vouchers has increased to 30 lei starting from July 1st 2022

Starting from July 1st 2022, the nominal value of a meal voucher cannot exceed 30 lei, according to the Ordinance published in the Official Gazette no. 63 from June 22, 2022. Employers may additionally grant, in July 2022, meal vouchers with the value corresponding to the difference between the value

Tax incentives and minimum wages for agriculture and food industry

On May 17, 2022, Law 135/2022 was published in the Official Gazette, which introduced on June 1, 2022, the minimum gross base salary of 3.000 lei per month for employees in the agriculture and food industry, applicable for the period between June 1, 2022- December 31, 2028. The gross base

Tax exemption for reinvested profit

To optimize companies’ tax planning, we would like to present below the current treatment of the profit that a company can invest in purchasing fixed assets, benefiting from tax exemption. The reinvested profit in technological equipment, electronic computers, cars and devices, and software, including those bought based on financial

RO e-Transport system (GEO 41/2022)

The RO e-Transport System will enter into force on July 1st, 2022. The RO e-Transport system is a set of principles, rules, and IT applications aimed at monitoring the transport of goods with a high tax risk on the national territory, allowing competent authorities to determine potential diversions from or