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,...
LEGAL NEWS | SUMMER RECAP Cross-border conversions, mergers and divisions EU rules (Directive (EU) 2019/2121 “Mobility Directive”) regarding cross-border conversions, mergers and divisions have been finally transposed in the Romanian corporate legislation by the the Law no. 222/2023, published in the Official Gazette of Romania on July 20, 2023 and entered in force of July...
Meta issued a record €1.2 billion fine for infringing GDPR As a result of EDPB’s binding dispute resolution of 13 April 2023, Meta Platforms Ireland Limited was issued a 1.2 billion euro fine for its Facebook service. This fine was applied by the Irish Data Protection Authority and is the highest GDPR fine applied so...
LEGAL NEWS New deadlines & rules applicable to injunctions to suspend the execution of administrative acts Stricter rules and deadlines apply as of 21 April 2023 for the injunctions to suspend the execution of administrative acts in court. Interested parties will have to assess swiftly and carefully the situations where they intend to file for...
Whistleblowers. Renewable energy. Tax news.
Whistleblowers. Renewable energy. Tax news.
News of legal, tax and employment matters
Major changes to the Labour Code requiring company action
New job codes available for IT employees...
RECAP on Summer Corporate Legal News
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