Ascent GroupAscent Group
Ascent Group. Business Consulting

Trade Register - registrations only online for 30 days

On the 16 March 2020, the President of Romania signed the decree to establish the State of Emergency in Romanian for a period of 30 days.

Among the measures introduces by the new regulations, the Article 45 is stating the following:

Al.1. During the state of emergency, the work of the National Office of the Trade Register and of the regional offices of the Trade Regiater continues with regard to the registration of changes related to the legal entities and rnatural persons registered in the Trade Register. These registrations will be carried out by electronic means, based on the changes requests and additional documents deposited in electronic form, with the electronic signature incorporated. read more»

AMENDMENTS TO THE LAW 19/2020 ON GIVING PARENTS TIME OFF TO SUPERVISE the CHILDREN

The decree for the implementation of the provisions of Law 19/2020 on granting additional free days to parents for the supervision of children in the situation of temporary closure of educational establishments, was published in the Official Gazette No 22/21.03.2020. There are several important changes and additions to the law (you can find details of the original provisions here and the first additions made here).
 
The last amendments are concerning the following aspects:
  • it is established which are the working days for which the parents will receive an allowance.
 read more»

Anti-crisis measures for the economy. What do you need to know?

Given the multitude of new regulations, press releases and confusion created in the media, we are resuming the main economic and fiscal-budgetary measures regulated by the 21th of March 2020.

The concrete measures established by the Government through the 29/2020 Emergency Decision are the following: read more»

We stay on duty, to offer you support!

We are living these days an exceptional period, in which all things happen differently than we were used to. But on how we will all mobilize to overcome this moment will also depend on the future evolution of things. And at such times, we believe that we must prove solidarity and contribute with everything we can to provide support to those around us.

At Ascent Group, our main resource is know-how. And these days we receive an avalanche of questions related to the latest legislative measures, the declaration of the state of emergency, the alternatives that employers have to make work more flexible during this period, medical leave, quarantine, fiscal measures to mitigate the impact of the crisis, etc. read more»

Extension of the deadline for the tax returns 2020 and other measures to support the business environment

As a result of the difficult economic context caused by the COVID-19 coronavirus pandemic, the Minister of Finance, through a press release from the National Agency for Fiscal Administration (ANAF) announced today (Monday, 16.03.2020) a series of measures to support the business environment.

Below you can find an overview of the main provisions: read more»

State of Emergency in Romania. What should the companies know?

Today, March 16, 2020, the President of Romania signed the Decree on establishing the state of emergency on the territory of Romania, for a period of 30 days. The President shall request Parliament to approve the measure adopted, within a maximum of 5 days from his issuance date.

Here are some of the measures that have an impact on the economic and social life:

In the economic field: read more»

Last informations from CNAS, regarding sick leave and quarantine allowance

The press office of the National Health Insurance House published today, on the official website of the institution, a series of recommendations regarding the granting of medical leave and the quarantine payment.

According to the published text, in order to prevent illnesses and to recover the capacity to work, the insured persons can benefit from leave and allowance for quarantine, according to the regulations contained in the Government Emergency Ordinance no. 158/2005 regarding the holidays and indemnities of social health insurance, with the subsequent modifications and completions, as well as in the Norms of application of its provisions, approved by the Order of the Minister of Health and of the president of CNAS no. 15 / 1.311 / 2018, as subsequently amended and supplemented. read more»

New solutions for employee's protection - making work relationships more flexible

In the context created by the coronavirus (COVID19) pandemia, employers play a major role in reducing the risk of employee contamination with the new virus.

Apart of the implementation of additional hygiene measures and the correct information of employees on how to protect themselves, companies can adopt, in the framework of labour relations, solutions that make work schedule and the way of work more flexible.

One of the measures may be the decaling of the work programme, as state Secretary Raed Arafat recommends in the middle of last week. read more»

New legal measures - free days for parents

 As a result of the courses suspension in pre-university education in Romania, between March 11 and March 22, 2020, the public authorities have decided to take measures to help parents who cannot leave their children unattended.

Therefore, the Chamber of Deputies adopted on 12.03.2020, by unanimous vote, the legislative initiative that obliges all employers, both public and private, to grant paid days off to one of the parents in the situation of temporary closure of the schools due to adverse weather conditions or other extreme situations decreed by the competent authorities with responsibilities in the field.

The law also applies to single persons from the single-parent family, to the legal representative of the child and to the person designated to exercise the rights and fulfill the parental obligations towards the child.


Therefore, free days are granted for as long as the authorities decree the closure of schools. read more»

Finance for non-financials - open training - Bucharest, 26-27 February 2020

2020-02-26 09:00
2020-02-27 17:00
Europe/Bucharest

 

The art of making good decisions based on numbers...

How important is, for any manager, the financial information in decision making? What is the budgets’ role and budgeting activity? What are the cash flow or the profit and loss account (P&L)? What is cost representing and how important are all these in a decision making process? How do we interpret the financial analysis indicators?

Even though economic-financial reports furnished by financial departments are considered to be important tools for decision making and company’s management, for a non-financial is hard to efficiently use them under the circumstance that basis principles and used terms are almost unknown. It is also possible for managers to think that financial information is just the ompany’s obligation when it comes to relating with state’s fiscal institutions. But it's not like that. read more»

Copyright© 2005-2020, Ascent Group. All rights reserved. Politica de confidențialitate (Privacy policy)