The risk of a company criminal liability can be reduced with a well-set compliance program. And it is also important to identify the risk areas within the company – read more in our article.
Each employer from Romania has the obligation to instate a General Registry of Employees in electronic format, more widely known as Revisal, and to comply with certain reporting terms.
The obligation to adjust the deducted VAT arises to taxable person in respect of capital goods acquired or their self-generation at own expense if he changes the purpose of their use. A change in the purpose of use of investment property is also the leasing of real estate with exemption from tax.
The Polish president signed the amendment of both the VAT as well as the Tax Ordinance Acts on August 29, 2019. The amendment implements regulations on the so-called new matrix of VAT rates and binding rate information (“WIS”).
As of August 2019, Erna Evans Accounting and Consulting Ltd. officially continue their professional work as a member of Accace Group, thus, in addition to the international development and expansion, Accace further strengthens its market position in Hungary.
Accace just reached another important milestone on the continuous journey to expand its international footprint – the establishment of a branch in Moscow, Russia.
From 1 September 2019 a novelty being a part of anti-bureaucracy law and relating specifically to the provision focusing on reducing the red tape by the use of the public administration´s information systems (IS) assumes effect. In this case, the bodies of state power when fulfilling their official duties are liable and entitled to obtain and use data registered in the public administration´s IS and also to provide such data to one another in essential scope.
The commercial arbitration is a form of alternative jurisdiction to usual courts of law in Romania and does not apply in disputes concerning the civil status of the individual, the capacity of persons, succession debates, family relations, as well as the rights over which they cannot dispose of.