Thought Articles
Whether it is about finding the optimal tax planning or ensuring a smooth compliance of your transactions, Ţuca Zbârcea & Asociaţii Tax is best suited to serve you, due to our team’s strength and experience and our dynamic and flexible approach to the market. We are committed to always be the adding value tax adviser, thinking outside the box of traditional audit firms.
Proposals for the amendment of Company Law No. 31/1990
Company Law No. 31/1990 is the “Holy Book” of regulations on companies’ establishment and operation in Romania.
It’s been a while since the issue of updating this law in accordance with EC norms, especially the European Commission recommendations and the relevant principles issued by the Organization for Economic Cooperation and Development (OECD), has been raised.
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State aid – a major challenge for Romania in view of accession
Last year the negotiations between Romania and the European bodies in view of accession to the EU were very tight on the Competition chapter, especially in relation to state aid matters. While the EU legislation in the competition field (including state aid) was rather rapidly enforced to a considerable extent as part of Romania’s internal legal framework, the ommission’s practice, the acquis communitaire and the correct implementation of the state aid rules raised many discussions and difficulties when it came to applying those rules in various situations.
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