The Romanian Law Firm Pavel Margarit & Associates Archives - Page 10 of 12

Starting with March 3rd, the banks will be required to display the card transactions fees on the ATM screens

Order came into force and takes effect starting on 03.03.2015. According to the provisions of the Order, payment institutions that provide services of accepting payment through debit cards and credit cards issued in Romania, at the ATM terminals located in Romania, are required to inform consumers of all fees, charges, expenses and any other type […]

By : Jun 11, 2017 No Comment

Procedure to manage and monitor the medium taxpayers

Thus, according to the Order, Tax authorities competent to manage medium taxpayers are county government public finance and Bucharest Regional Public Finance by Tax Administration of medium taxpayers, for: legal entities taxpayers who are tax resident in the county or Bucharest jurisdiction, where appropriate; secondary offices set up by medium taxpayers, who are tax resident […]

By : Jun 11, 2017 No Comment

Articles, Banking and Capital Markets

The Project of the Tax code could reduce the flat tax

Also, taxpayers engaged in night bars, nightclubs, discotheques, casinos or sports betting, including legal entities performing such income under a contract of association, and where the income tax due for activities under this item is lower than 5% from the respective incomes shall be obliged to pay tax at the rate of 5% of these […]

By : Jun 11, 2017 No Comment

Articles, Employment and Labour Law

The risks of non-payment of social security contributions by employers

According to the said Order, it was approved the model, content, method of submission and management of the Declaration on payment obligations of social contributions and income tax records of insured persons. The nomenclature “subsidies/exemptions/reductions’” shall be amended and replaced by the Annex which is an integral part of the Order. In order to grant […]

By : Jun 11, 2017 No Comment

Articles, Banking and Capital Markets

Law project on consumer credit agreements secured by real estate

The Project is intended to create a complex and comprehensive legal framework regarding credit agreements secured by real estate consumer. The project aims both in the national legislation transposing the provisions of Directive 2014/17 / EU regulation and market specific issues and practice. Also, intermediaries must take into account a wide range of products from […]

By : Jun 11, 2017 No Comment

Articles, Insolvency, Restructuring and Bankruptcy

Insolvency of individuals. Part III

By the moment the plan is confirmed by the insolvency Court, the debtor is obliged to: a) use its income and assets in accordance with the approved plan; debtor must refrain from any transactions or behaviors that could lead to failure of the plan; b) to undertake appropriate activities generating revenue, and in case of […]

By : Jun 11, 2017 No Comment

Articles, Corporate Commercial and M&A

The patient feedback mechanism in public hospitals

In order to fulfill its intended purpose, the patient feedback mechanism includes the following measures: a) registering the opinions of patients hospitalized on the quality of services in the health unit by supplementing direct patient feedback questionnaire; b) recording electronic notifications regarding service quality and integrity of health unit staff to / from the health […]

By : Jun 11, 2017 No Comment

Articles, Banking and Capital Markets

New law project on Tax Code modifications -the tax on buildings will be modified

This tax will be determined depending on the destination of the buildings – residential and non-residential buildings, differently from the present legislation providing tax assessment according to juridical personality of the owner: individuals or legal persons. Thus, for residential buildings, the tax rate will be between 0.08% – 0.2%. For individuals the basis for the […]

By : Jun 11, 2017 No Comment

lawyer reading contract while partners discussing terms and conditions in background

Articles, Banking and Capital Markets

What is ROBOR and EURIBOR indexes ?

Banks borrow one another to cover their liquidity needs of the moment or to sterilize liquidity and additional available. The need for liquidity can occur when a bank recorded a higher number of loan applications from customers, or in certain periods when the National Bank of Romania (BNR) requires minimum liquidity requirements in the system. […]

By : Jun 11, 2017 No Comment

Articles, Corporate Commercial and M&A

The increase of the daily allowance that companies can grant without paying taxes or contributions

In accordance with the provisions of the Order, the amount of daily allowance for delegation and detachment is increased to a value of 17 lei. The foregoing provisions on the amount of daily allowance for delegation and detachment were stipulated in art. 9 of the Annex to the Government Decision no. 1860/2006 concerning the rights […]

By : Jun 11, 2017 No Comment

Find us :

Email us :

Call us :

RO/FR

Tag: The Romanian Law Firm Pavel Margarit & Associates

Starting with March 3rd, the banks will be required to display the card transactions fees on the ATM screens

Procedure to manage and monitor the medium taxpayers

The Project of the Tax code could reduce the flat tax

Law project on consumer credit agreements secured by real estate

Insolvency of individuals. Part III

The patient feedback mechanism in public hospitals

New law project on Tax Code modifications -the tax on buildings will be modified

What is ROBOR and EURIBOR indexes ?

The increase of the daily allowance that companies can grant without paying taxes or contributions

Posts

Contact info

Tel: +4021-311-16-16

Stay informed!
Subscribe to our newsletter!