Romanian tax code – employees responsible for social contributions

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Related briefings

Ukraine: Energy digest for June 2018

On 7 June 2018, the draft law “On Ensuring Competitive Terms of Production of Electricity from Renewable Sources” No. 8449 (“Draft Law 8449”) was registered with Ukraine’s parliament. As of 4 July 2018, seven alternative draft laws (Nos. 8449­1 – 8449­7) have also been registered with parliament (“Alternative Drafts”). Five of the seven Alternative Drafts […]

Ukraine: new corporate law governing LLCs

The new law “On Limited and Additional Liability Companies” No. 2275-VIII has come into effect, with the exception of some specific provisions related to inheritance that take effect on 17 June 2019. The law introduces fundamental changes to the rules that apply to the operation of companies with limited and additional liability, grants their participants […]

Romania: New government ordinance on PPPs

A new legal framework on public-private partnerships entered into force in Romania on 18 May 2018 after the publication in the Official Gazette of Government Emergency Ordinance No. 39/2018 on public-private partnerships…

Serbia: Transfer of licences in the context of asset privatisations in the mining sector

The current Serbian privatisation framework was established in August 2014 through the adoption of a new privatisation law (“Privatisation Law”) and subsequent introduction of all relevant secondary legislation. Although the phase of the mandatory privatisation of the so­called socially-­owned companies (which comprised a special feature of the pre­privatisation system in Serbia) was finalised on 31 […]

Law on Central Register of Beneficial Owners adopted in Serbia

On 25 May 2018, the Serbian Parliament adopted the Law on the Central Register of Beneficial Owners (“the Law”). The main purpose of the Law is compliance with Chapter III of Directive (EU) 2015/849 of 20 May 2015. The Law will enter into force on 8 June 2018. The Law introduces the obligation to register […]

Latest Briefings

India: The age of telephony has arrived

On 19 June 2018, the Department of Telecommunications, Government of India (DoT) finally provided its nod to several key recommendations (Recommendations) made by the Telecom Regulatory Authority of India (TRAI) on the Regulatory Framework for Internet Telephony in October 2017. DoT has released a clarification (Clarification) and certain amendments to existing licenses (Amendment), both of […]

Claims management companies: The new regulatory regime

Walker Morris Banking Litigation partners Louise Power and Rob Aberdein explain the new regulatory regime and the Financial Conduct Authority’s proposals for changes to the regulation of claims management companies across England, Wales and Scotland…

Adjudication Matters – July 2018

The Courts have re-affirmed that, despite a contract containing an express right of set-off, it is only in exceptional circumstances that a party will be entitled to set-off another claim against an Adjudicator’s award. This case serves as a helpful reminder that a right to set-off is unlikely to apply to an Adjudicator’s decision. The […]

Two EU regulations on UCITS/AIFMD asset segregation requirements for depositaries upon delegation

On 12 July 2018, the European Commission adopted two delegated regulations supplementing the Alternative Investment Fund Managers Directive (AIFMD) and the Undertaking for Collective Investment in Transferable Securities Directive (UCITS) on the safekeeping of assets by depositaries and their delegates. Their main purpose is to eliminate discrepancies among different national regulations. The following aspects will […]

Sleeping time is not working time says Court of Appeal

By Siobhan Fitzgerald The social care sector is breathing a sigh of relief after the Court of Appeal in Royal Mencap Society v Tomlinson-Blake reversed previous cases and decided that only time spent awake and working should be counted as working time for the purposes of calculating the national minimum wage.

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Cutting-edge evidence collection

The co-moderators Christian Casanova of Prager Dreifuss and Cedric Chao of DLA Piper have produced a session report summarising the discussions of the panel ‘Cutting-edge ways of introducing and taking evidence’, held at the IBA Annual Litigation Forum Conference in Zurich on 3-5 May 2017. The panel highlighted the possibilities new technologies and big data […]

Clydes enters formal association with Malaysian local firm

Clyde & Co and Malaysia-based firm Shaikh David & Co have entered into a formal association to target clients in the firms’ key sectors.

Shaikh David & Co is a partnership between partners Shaikh Abdul Saleem and James David, which offers insurance and reinsurance, banking and insolvency, shipping and offshore and general litigation legal services in Malaysia. It is based in Kuala Lumpur.

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Deloitte loses tax team to Dentons in Russia

Dentons has hired Deloitte head of technology, media and telecoms Vasilii Markov as part of an eight-strong tax hire to grow its St Petersburg office. Markov, who will join as head of tax for Dentons’ St Petersburg office, was at Deloitte for over 11 years in the R&D and government incentives programme. He will be […]

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The billable hour fails law firms, their clients and their staff

What must die for the legal industry to evolve? There is a key question on the lips of law firms worldwide. “With technological change and fast-paced disruption all around us, what must we do to maintain our influence and relevance in the years to come?” This has been a question for some time, and has […]

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