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Legal & Fiscal

New tax deferrals and other tax measures to support the business environment

In view of the current situation, which is burdensome for the business environment, a new OUG project has been created, which is intended to bring additional exemptions and facilities for the companies.

These facilities concern: read more»

Travel to Romania for business purpose is exempt from quarantine and isolation measures

The Romanian Government has launched a new phase of relaxation measures related to the current epidemiological context. In this regard, The Decision no. 465 was adopted on the 11th of June 2020, to amend and supplement Annexes 2 and 3 of HG 394/2020 on the Alert State Declaration.

Also, in the Official Journal n. 508 of 15 June 2020 was published the order of the Minister of Health no. 1,080 of 12 June 2020 amending and supplementing Amendment 414/2020 establishing the quarantine measures for persons in an international public health emergency due to COVID-19 infection.

Here's a summary of the legislative changes, on the conditions of travel and entry into Romania.

 1. Countries to be exempted from quarantine/house isolation. read more»

EXTENSION OF TECHNICAL UNEMPLOYMENT AND OTHER MEASURES INTRODUCED BY THE OUG 70/2020

Emergency Ordinance No. 70/2020 was published in the Official Gazette of Tuesday (May 14, 2020). It brings many changes, the most important of which concern the tax code and the resolution of technical unemployment, as a measure to help companies affected by the crisis caused by SAR-Cov-2.

The following is a summary of the main provisions contained in OUG 70/2020, in some important categories:

I. Extension of social protection measures

The legislative act concerns several measures caused by the current epidemiological situation in Romania, including:

  • the period for granting the technical unemployment allowance shall be extended until 31st of May 2020; read more»

THE STATE OF ALERT. WHAT’S NEW FOR COMPANIES?

The decision 24 of 14.05.2020 issued by the National Committee for Emergency Situations, published in M.O. n. 395/15.05.2020, approved the establishment of a state of alert at national level for a period of 30 days, starting from 15.05.2020.

As the state of alert has facilitated some of the measures ordered during the state of emergency and companies can start to resume their activities, the decision focuses on the definition of measures for prevention and control of infections.

The following is a set of measures applicable to companies:

1. Organisation of business activities towards employees and customers:

  • is further encouraged to work at home or in telework, as public and private economic operators are obliged to organize their activities so that work is carried out from workers' homes. read more»

NEWS ON THE ACTTIVITY OF THE COMMERCIAL REGISTER

With the end of the state of emergency, we also have some news regarding the activity of the Commercial Register.

Thus, for a period of six months from the date of the end of the emergency, the activity of the Register of Commerce will be done mainly by sending the files online or by correspondence.

At the same time, the program with the public at the institution’s desks began today (May 15), with a 4-hour work program, divided into two hourly intervals, which is:

  • Monday-Thursday 09:00-11:00 and 12:00-14:00
  • Friday 08:0-10:00 and 11:00-13:00
Access to the public is provided with only one person at the counter, with the obligation to respect a distance of 2 meters from the counter and the person with whom you cross.

The public will have access to the premises of the Register of Commerce with a protective mask that covers both the mouth and the nose. read more»

THE YELLOW EMERGENCY CERTIFICATES MAY ALSO BE REQUIRED FOR THE MONTH OF APRIL

News about emergency certificates were published on M.O. 385 on May the 13th.

According to the new provisions, the economic operators who suffered from the effects of the SAR-Cov2 pandemic in april, can benefit from the certificate of emergency TYPE 2 (yellow) situations following the completion of a self-declaration. The statement must indicate that there is a decrease in revenues of at least 25% in March or April 2020 compared to the average for January and February 2020.

But companies now have another statement available to get the certificate of emergency situations. In fact, the new declaration used only adds the month April 2020 (along with March), as the month in which the decrease in income/income achieved is decreased by more than 25% compared to the average income of January-February 2020. read more»

New facilities for employers choosing to keep their employees after the technical unemployment

As they did not know how to deal with the technically unemployed employees, employers were clarified on Friday evening, after the publication of Decree 92/2020, which are the facilities they can benefit from.

In this article, we have summarized the main provisions contained in the order 92/2020 published in the Official Journal 459/29 May 2020, on the establishment of active support measures for employees and employers in the context of the epidemiological situation caused by the spread of SAR-Cov-2 coronavirus, as well as for the amendment of certain regulatory acts. read more»

FACILITIES ON THE PAYMENT OF THE RENT DURING THE STATE OF EMERGENCY

In the Official Gazette n. 245/21.05.2020 has been published the law n. 62/2020 on the concession of structures in rent during the state of emergency. It should be noted that the law grants facilities to both tenants and lockers in order to stimulate negotiations between the parties so that an agreement can be reached for the benefit of both parties.

A law adopted late, we hope, however, will help many companies, including freelancers, for the short term by eliminating the pressure for the fulfilment of certain financial obligations.

According to the decree, tenants can postpone payment of rent on request, without interest and penalty, for the use of registered buildings such as offices, construction sites or houses. read more»

THE DEADLINE FOR SUBMITTING THE SINGLE DECLARATION IS EXTENDED AND GOOD TAXPAYERS BENEFIT FROM TAX RELIEF

The Government has again extended the deadline for the submission of the single tax and contribution declaration for 2020 for the income of PFA and other independent individuals, copyright, rent, dividends and other taxpayers.

The new deadline for submitting the single declaration is 30 June 2020, as the Ministry of Finance informed. The deadline was initially May the 25th.

Those who pay taxes and contributions for 2019 by 30 June will also benefit from reductions in the amount of income tax, social security contributions and health insurance contributions, due on the revenues achieved in 2019.

More specifically, the following: read more»

RELAXATION OF BUSINESS REGISTER PROCEDURES DURING EMERGENCY

In the Official Gazette n. 311/14.04.2020 was published the Decree no. 240/14.04.2020 on the extension of the emergency situation on Romanian territory for a period of 30 days from 15.04.2020.

In some areas of activity, the new decree provides for changes to the special measures adopted by Decree no. 16.03.2020 on the establishment of a state of emergency on Romanian territory, thus facilitating the relationship with some public institutions.

This measure concerns the activity of the National Trade Register which, from the date of the emergency declaration has registered the reuests related to legal entities and natural persons only upon request for registration of the information in electronic form, attached or logically associated with the electronic signature. read more»

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