Legal news

Public authorities encourage homeowners to renovate their homes.   ENERGY TRANSITION TAX CREDIT Expiring on 31 December 2018, the energy transition tax credit (ETTC) is finally extended by one year, i.e. until the end of 2019. This credit allows taxpayers to receive credit benefits on income tax on the costs of improving the environmental quality […]

Contact us quickly to create your company in Romania! The SRL (limited liability company), equivalent to the SARL in France, is the form of organization of a company most used in ROMANIA. It has limited liability before the law and its owners. It is also one of the safest arrangements for associates. LLC “SRL” is […]

The tranche of scale are overvalued by 1.6%   INCOME TAX SCHEDULE   The limits of the brackets of the scale of the income tax are revaluated by 1.6%. This rate corresponds to the projected price increase in 2018 excluding tobacco products. The scale applicable to income tax in 2018 is as follows: Taxation of […]

SOME MEASURES TO PROMOTE BUSINESS TRANSMISSION « DUTREIL » PACT   In principle, the transfer, by donation or inheritance, of a company is generating transfer duty. The cost of this transmission may, however, be reduced if the transferred titles are subject to a “Dutreil” Pact. This plan allows to exempt, under certain conditions, transmissions up to 75% […]

At the date of 10th July 2018   The status of financial investment adviser (FIA), established by the law of 1st August 2003 is aimed at the reinforcement of protection of investors by better regulation of issues related to its activities. Thus, all FIAs fall under a certain number of duties, conditions and prohibitions controlled by […]

The law has pursued to define business secrets and the illicit conducts that undermine it, and facilitate legal action to protect it and assure that it will not be disturbed on this occasion, in order to protect business secrets. A decree is expected.   1) The law of 2018-670 of July 30th, 2018 regarding the […]