Ileana Popescu | Romanian Lawyers Week

New rules redefine concept of exporter

Mihai Petre |14/06/201616/01/2019

The exporter from customs and VAT perspective The new Union Customs Code (“UCC”) has amended the definition of exporter. From a customs perspective, the definition of exporter has been restricted to persons established in the EU who have the power… Read moreNew rules redefine concept of exporter

Romania aligns with European standards in terms of VAT treatment of moulds and production equipment

Vlad Boeriu |03/02/201611/02/2019

In the automotive industry and manufacturing sector, contracted goods are often produced using equipment, moulds, tools, etc. made available to suppliers by the buyers of goods. The ownership always belongs to the contracting companies and they do not charge any… Read moreRomania aligns with European standards in terms of VAT treatment of moulds and production equipment