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CBAM Obligations

CBAM Obligations   Please find below a brief information note on the practical implications of Regulation (EU) 2023/956 (the Carbon Border Adjustment Mechanism – CBAM) and of the Order of the Romanian Ministry of Finance No. 1.485/05.09.2025, prepared to assist companies in getting their import operations ready and compliant with the new obligations. Scope and...

Legal News – Update companies’ activities. Approval financial statement

Legal News – Update companies’ activities. Approval financial statement   1. Obligation to update the companies’ activities Starting from January 1, 2025, the obligation to update business activities classified under NACE codes (CAEN codes in Romanian) in accordance with NACE Rev. 3 has come into effect. This obligation is established by INS Order No. 377/2024,...

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