Romania is implementing a digitalisation strategy using electronic invoicing for the entire economic activity by adopting GEO no. 120 from 4th October 2021. The ordinance regulates electronic invoicing in the public procurement domain and Romanian companies. The ordinance describes how the National System on electronic invoicing will be used and requires both the seller and the
For some time in Western Europe, it has been necessary for employers to guard against a potential lawsuit from an employee regarding workplace discrimination or sexual harassment. The last few years have seen considerable development of such cases in the employment tribunals and employment lawyers have been kept busy in this regard. Workplace Discrimination and
Many clients ask us as their Romanian lawyers how they can recover the money and enforce a Romanian judgement that they have obtained against a Romanian debtor. A judgement is all well and good, but not if you cannot recover the money due to you. Fortunately, the Romanian Civil Procedure Code includes provisions for Foreclosure
Everyone appreciates items made from precious metals and stones – diamonds and rubies. In Romania, the business of operations with precious metals and stones can be carried out by anybody authorized by the National Authority for Consumer Protection as provided by GEO no. 190/2000 which refers to the regime of dealing with precious metals and
Showing an accelerated evolution, e-commerce in Romania is one of the fastest-growing economic sectors. Companies are investing more in digitalization and in developing the employee`s digital skills and more entrepreneurs are starting their own online businesses. In order to provide a higher level of conformity within the e-commerce area, the European Parliament and the Council
Last week Nicholas S Hammond representing the Firm, attended two major business events in London, relating to Romania as well as visiting clients and contacts in London. He attended the British Romanian Chamber of Commerce “BRCC Dinner Gala” at Drapers Hall in the City of London, an event that gathered more than 100 people from different business
Now to some people in Romania penalties only relate to rugby or football. But to a lawyer, they have a more significant role in contract law. We have noted in the past the confusion regarding penalties not only in the minds of investors from the United Kingdom and the United States of America but also
I was recently reading about negotiations in China and how you need to have great patience and understanding. I brought to mind the situation in Romania when I first came here in 1990. The situation was not very different then to the Chinese experience. But what has changed, or has indeed anything changed since those
One of the biggest complaints about Romania which we Romanian lawyers hear from clients concerns the constant changing of legislation. This is not only applicable in the field of taxation and finance but also in other areas which affect business. True to form a new law has been issued amending the Labour Code. The Romanian