SCHOENHERR Tax Bucharest launches transfer pricing practice

SCHOENHERR Tax Bucharest launches transfer pricing practice

In a BEPS environment where profit transfer between affiliated companies, between or within jurisdictions, is increasingly monitored, on national as well as international levels, our decision to expand our range with transfer pricing advisory services comes naturally. This move meets … Read the rest more…
Romanian Legal Week: November 28 – December 4, 2016

Romanian Legal Week: November 28 – December 4, 2016

International Volunteer Day for Economic and Social Development 2016 The International Volunteer Day for Economic and Social Development 2016 was mandated by the United Nations General Assembly and is held on a yearly basis on December 5. The purpose of … Read the rest more…

Romanian Legal Week: November 21-27, 2016

Rules for managing emergency situation | Draft The Interior Ministry has launched for public debate the Order for approving the framework-structure of the regulation for managing emergencies. :: Draft :: Approval report Amendment of the procedure authorizing certain bodies to … Read the rest more…

BONDOC & ASOCIATII by the Side of Mid Europa Partners in Profi’s Acquisition, the Largest Transaction Ever Concluded by a Private Equity Company in Romania and the Largest Retail Deal

According to a press release, Mid Europa Partners, the leading private equity company acting in Central and South-East Europe, has announced today that it has signed an agreement for the acquisition from Polish Enterprise Fund VI of 100% of the … Read the rest more…

PwC lists the top 30 Emerging Market Software companies

With globalisation, successful software companies are no longer limited to the US and Europe. They’re everywhere around the globe. PwC, in conjunction with International Data Corp., has ranked the top 30 software companies in emerging markets and identified some … Read the rest more…

Romanian Legal Week: November 14-18, 2016

EUROSTAT. Statistics in the matter of work Monday, on 14th of November 2016, EUROSTAT has given to the public statistics regarding labour in Europe. In Romania, it has risen the average period of professional activity in the last decade … Read the rest more…

Lawyr.it launches new Open Call for articles

Lawyr.it, the student-powered legal publication focused on Central Eastern Europe, is inviting law students from across Europe to submit creative and innovative articles by December 16, at editors@lawyr.it. If you are presently enrolled in a university (irrespective of … Read the rest more…

New managing associates in the consultancy department of Maravela & Asociaţii

This November, Maravela & Asociații’s leadership structure has been broaden through the promotion of Mihai Buciuman and Daniel Vinerean as managing associates. Mihai Buciuman has over 7 years of legal pratice, previously being part of the consultancy teams of … Read the rest more…

Reff & Associates Banking & Securities Practice Brings Senior Advisor on Board

REFF & ASSOCIATES, the law firm representing the international network of law firms Deloitte Legal in Romania, is pleased to welcome to its banking and securities team experienced attorney Alina Tihan as Senior Managing Associate. An attorney with 17 … Read the rest more…

Radu și Asociatii SPRL | EY Law advising the American group PPG in relation to the acquisition of Deutek, producer of lacquers and paints

Radu și Asociatii SPRL | EY Law assists one of the global leaders in the field of industrial products in relation to its first acquisition on the Romanian market. After a period of assessing the Romanian market, PPG Industries (an … Read the rest more…

Amendments to Romanian legislation on building permits, urban planning and Real Estate registers

The Romanian Law no. 50 of July 29, 1991 on building permits (“Building Permits Law”) as well as Law no. 350 of July 6, 2001 on regional planning (“Planning Law”) have been amended by Law no. … Read the rest more…

Romanian Legal Week: October 31 – November 6, 2016

Dacian Cosmin Dragoș, the new president of the National Council on Ethics in Scientific Research The Ministry of Education and Scientific Research published on 02.11.2016 the Order of the Minister of Education and Scientific Research regarding the approval of the … Read the rest more…

Deloitte Romania Promotes Eight New Directors As Practice Grows

As Deloitte’s Romania practice has continued to grow, the firm has promoted eight new directors covering all service lines: tax, audit, risk advisory, management consulting and financial advisory. “I am delighted to announce the promotion of such a talented group … Read the rest more…

Rise of the robots – good news or bad for business and society?

In 2005 there were less than one million of them. Today there are 1.8 million. And in three years’ time, this will soar to around 2.6 million. Industrial robots are on the march. Technology already plays a major role in … Read the rest more…

Romanian Legal Week: 24-30 October, 2016

The National Health Programs for the years 2015-2016 | Draft The Ministry of Health launched for public debate, on 20 October 2016, the draft of the Government Decision for amending and supplementing G. D. no. 206/2015 on the approval of … Read the rest more…

Affidea Buys Hiperdia Diagnostic Centers

Affidea group, a leading provider of medical imaging and cancer treatment services in Europe, has signed a binding contract for the acquisition of diagnostic centers of Hiperdia (assisted by BONDOC & ASOCIATII) , an important provider of medical … Read the rest more…

CE banks driving for efficiency. Romania’s banking sector is able to support a growing economy

Despite some one-off measures, 2015 was probably the best year for the CE banking sector since the global financial crisis of 2009, according to Banking Outlook report from Deloitte Central Europe. Taking a sector-wide perspective, this was the first year … Read the rest more…

Maravela & Asociaţii supports HOSPICE Casa Speranţei

Starting with this year, Maravela & Asociații acts as honorary patron of HOSPICE Casa Speranței’s Adunații Copăceni socio-medical project. The nongovernmental charity organization HOSPICE Casa Speranței was established in Braşov, in 1992, at the initiative of the British Graham Perolls, … Read the rest more…

Law on taxation of activities in the HoReCa industry is adopted

To whom do the law’s provisions apply? The provisions of Law no. 170/2016 apply to Romanian legal entities that perform activities corresponding to the following CAEN codes: 5510 – “Hotels and other similar accommodation “ 5520 – “Accommodation facilities for … Read the rest more…

Book launch: Arbitration in Romania 27 October 2016, Embassy of Romania in Paris

Arbitration in Romania: A Practitioner’s Guide provides an overview of the Romanian arbitration law and practice and is the first detailed presentation in English of the current legal framework applicable to arbitration and other alternative dispute resolution methods … Read the rest more…

Romanian Legal Week: October 17-23, 2016

HCCJ. Referral in the interest of the law admitted ref. determination of the substantive jurisdiction of the courts / Special Sections By Decision no. 18/2016, HCCJ admitted the referral in the interest of the law brought by the College Board … Read the rest more…

White & Case, BONDOC & ASOCIATII, and CMS Advise on Greenbrier-Astra Rail Joint Venture

White & Case (working with BONDOC & ASOCIATII in Bucharest) and CMS have advised US-listed The Greenbrier Companies, Inc. and Romania-based Astra Rail Management GmbH, respectively, on a joint venture entered into by the two. According to a White & … Read the rest more…

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 … Read the rest more…

Romanian Legal Week: October 10-16, 2016

Romanian Ombudsman proceeded ex officio in case of the refusal of hospitalization  for an obese patient On Monday, 10 October 2016, Romanian Ombudsman proceeded ex officio and inquired into the refusal of hospitalization of an obese patient by the doctors … Read the rest more…

PwC wins ‘Audit Innovation of the Year’ at 2016 International Accounting Bulletin Awards

PwC’s revolutionary data-auditing tool, Halo, has been awarded the prestigious International Accounting Bulletin’s ‘Audit Innovation of the Year’. The award recognises organisations that, with a new initiative or innovation in audit, have made a major change in improving audit … Read the rest more…

Accepting an employee to work while the individual employment agreement is suspended represents a civil offense, the High Court of Cassation and Justice ruled

In the future, if following inspections the Territorial Labour Inspectorates state that up to 5 employees are performing work although their individual employment agreements are suspended, they could sanction the employer with a fine ranging from RON 10,000 to RON … Read the rest more…

Romanian Legal Week: September 26 – October 1, 2016

The Competition Council has authorized the acquisition of 78 pharmacies by Sensiblu On September 27, 2016, the Competition Council authorized the transaction through which 78 pharmacies belonging to Sibpharmamed SRL, member of the Polisano group, were acquired by Sensiblu SRL, … Read the rest more…

Bill granting National Authority for Consumer Protection similar sanctioning powers to those of the Competition Council

A bill for amending the National Authority for Consumer Protection’s statute is currently pending before the standing committees of the Senate (hereinafter referred to as the “Bill”). In June 2016, the bill was adopted by the Chamber of Deputies and … Read the rest more…

BONDOC SI ASOCIATII has expanded its team

BONDOC SI ASOCIATII has expanded its team by adding 7 more lawyers who will strengthen the law firm’s M&A, Real Estate and Litigation practices, as follows: Bogdan Bunrau, Managing Counsel, Adelina Cheptanariu, Associate, Andreea Secu, Associate, Razvan Agarici, Junior Associate, … Read the rest more…

The Chamber of Deputies had formally approved on September 20, 2016 the Law for tax on specific activities

The Law regarding the tax on specific activities (such as: activities performed in the area of hotels, restaurants or bars) also known as the “HoReCa” Law, after being sent back for re-examination and subject of several amendments, was adopted in … Read the rest more…
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