Useful Information

Useful Information

Tax Advisory

Legislative changes adopted through 2nd Package on measures to recover and streamline public resources

13  

Min. Reading Time

Legislative changes adopted through 2nd Package on measures to recover and streamline public resources

The Romanian authorities have adopted several legislative amendments, targeting, among others, corporate tax, income tax and social contributions, local taxe...

IFRS/US-GAAP Consultancy

The Transition to IFRS 18 and its Implications for Financial Reporting: Between Conceptual Innovation and the Need for Early Preparation

6  

Min. Reading Time

The Transition to IFRS 18 and its Implications for Financial Reporting: Between Conceptual Innovation and the Need for Early Preparation

The adoption of International Financial Reporting Standard 18 Presentation and Disclosure in Financial Statements (IFRS 18) marks a major milestone in the ev...

Public Procurement Rules & Contracts

The Nordis Law – Key Updates: New rules for off-plan property sales, advance payment, and expanded responsibilities for developers

5  

Min. Reading Time

The Nordis Law – Key Updates: New rules for off-plan property sales, advance payment, and expanded responsibilities for developers

Law no. 207/2025, published in the Official Gazette no. 1133/08.12.2025, amends art. 22 of Law 10/1995 and supplements art. 26 of the Cadastre Law no. 7/1996...

Employee

Medical leave absences: balancing public spending efficiencies with the burden on companies

5  

Min. Reading Time

Medical leave absences: balancing public spending efficiencies with the burden on companies

The fiscal-budgetary measures affecting the calculation method of medical leave allowance, which came into force on 1 August, have led to a significant decre...

ESG internal audit

Internal Audit – From Compliance to ESG Strategy. How Companies Can Turn an Obligation into a Competitive Advantage

5  

Min. Reading Time

Internal Audit – From Compliance to ESG Strategy. How Companies Can Turn an Obligation into a Competitive Advantage

In today’s business environment, many Romanian companies face a dual challenge: on one hand, there is the obligation to implement and strengthen their intern...

Payroll and HR Management

REGES-ONLINE – from utility to administrative burden on employers

7  

Min. Reading Time

REGES-ONLINE – from utility to administrative burden on employers

The digitalisation of employment relations by moving from the ReviSal application to the REGES-ONLINE platform marks an important step in the modernisation a...

Useful Information

Financial Auditing – Purpose & Legislative Provisions for High Quality Financial Auditing

12  

Min. Reading Time

Financial Auditing – Purpose & Legislative Provisions for High Quality Financial Auditing

The success of any business relies on the careful inspection of all key areas, from sales and marketing to supply chains and inventory management, using anal...

Useful Information

SAF-T – What is it and who will be required to file an SAF-T declaration from 2025?

8  

Min. Reading Time

SAF-T – What is it and who will be required to file an SAF-T declaration from 2025?

There have been many changes over the years to the way company data is verified and reported internationally. One of these changes, which became a legal requ...

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