ELKB New registration obligations for companies related to waste management
The recent Ministerial Order 739/2017, entered into force on May 19, 2017, institutes the obligation of companies undertaking activities not subject to environmental permitting as per Law 211/2011 regarding waste products to request registration with the National Registry of Economic Operators kept by National Environment Protection Agency (“NEPA”) by June 16, 2017.
ELKB VAT registration made easier in Romania
On January 13, 2017, the Romanian National Agency for Fiscal Administration (“RNAFA”) repealed the obligation to fill in and submit form no. 88 to the relevant fiscal authorities as of February 1, 2017. For this purpose, the RNAFA Order no. 3.841/2015 regarding the form and content of form no. 088, was abolished by RNAFA Order […]
Romania, Mergers & Acquisitions – overview, highlights and forecast
The Romanian legal framework governing M&A is much in line with international practice, and hence foreign buyers may expect to find themselves on familiar soil and to run into no major surprises. However, certain specificities do arise from Romania’s historic background with privatisation, for instance, having been for a long time a significant component of […]