Lease Contract in Romania According to the Civil Code, lease is the contract by which one party, called the lessor, undertakes to provide the other party, called the lessee, with the use of a property for a certain period in exchange for a price, known as rent. The lease of real estate and of movable […]
Interest on VAT refund claims in Romania The concept of tax disputes refers to disputes in which one of the involved parties is a public authority and the purpose of the litigation is either the total or partial annulment of an administrative act, or compelling the public authority to issue an administrative act or perform […]
Starting in 2024, the Fiscal Code undergoes a series of modifications enacted by Law 296/2023 and Emergency Ordinance 115/2023. These changes encompass various aspects, including the method of calculating the income tax for micro-enterprises in Romania, additional conditions to qualify as a micro-enterprise in Romania, the mandatory adoption of the RO e-Invoice System and an […]
According to the provisions of Law no. 85/2014, to acquire the status of a creditor in the insolvency procedure in Romania, several steps need to be followed, including: notifying the creditors from the list submitted by the debtor, filing the statement of claim within the fixed term established by the decision for opening the insolvency […]
According to regulations in tax law in Romania, a tax decision and an administrative tax act can be appealed in front of the fiscal authority in order to analyze the validity and legality of the taken measures.The appeal against a tax act is submitted to the issuing fiscal authorities in Romania within 45 days from […]
According to Romanian legislation, there are methods by which a creditor can recover a debt or claim by resolving disputes without the necessity of initiating legal proceedings. In this regard, the creditor can choose for alternative dispute resolution methods before resorting to court for collection of debt and resolve the dispute That is why The […]
Most of the time, buying a new apartment in residential complexes from developers in Romanian takes place when the construction is still in the real estate development phase. This involves potential risks related to construction delays, construction defects or unexpected changes in the initial project. Legally, purchasing a property at the real estate development stage […]
The restitution of properties in Romania confiscated by the communist regime represents a condamnation of communist abuses and a form of material and moral reparation for unjust behavior. Due to the prolonged duration of resolving ANRP decisions, adjusting compensations reasonably regarding the value of properties unable to be directly restituted should be done through property […]
From the perspective of forms of ownership, it is divided into public or private property. Private property is the right of the owner to possess, use, dispose and the right of control of a real property in Romania exclusively, absolutely, and continuously, within the conditions of the real estate law, which may impose limitations on […]
The Consumer Protection Law No. 21/1992 in Romania aims to balance the relationships between traders and consumers, ensuring consumer rights in Romania through deviations from common contract and civil liability law and promoting informed contractual consent, based on adequate consumer information to prevent the introduction of abusive contract clauses and violation of consumer rights. The […]
