ELKB New integrity rules for Romanian public procurement procedures

ELKB New integrity rules for Romanian public procurement procedures
The public procurement procedure in Romania has recently been updated with new provisions aimed at preventing conflicts of interest. To this end, Law no. 184 of October 17, 2016 establishing a mechanism for preventing conflicts of interest regarding the award of the public procurement contracts has been published in the Official Gazette, Part I, no. […]
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ELKB Flat taxes for Romania’s hotel, bar and restaurant trade

ELKB Flat taxes for Romania’s hotel, bar and restaurant trade
Romania’s Parliament has enacted (not without much debate) Law no. 170/2016 on activity specific taxes, cracking down on Horeca tax evasion by imposing a new flat tax on bar, restaurant, catering and hotel activities. Starting January 1, 2017, such businesses will pay a tax calculated irrespective of the volume of income and expenses, but which […]
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