11.08.2020 – The Government Emergency Ordinance no. 132/07.08.2020 on the establishing a series of support measures for employees and employers in the context of the epidemiological situation determined by the spreading of the SARS-CoV-2 virus as well as for the stimulation of workforce occupation was published within the Official Gazette no. 720 dated August 10th, 2020.

27.07.2020 – The Emergency Government Ordinance no. 120/22.07.2020 on the establishment of some support measures for employees and employers in the context of the epidemiological situation determined by the spreading of the SARS-CoV-2 coronavirus has been published within the Official Gazette no. 658 dated July 24th, 2020.

Order no. 2148/2020 regarding the amendment and completion of the Instructions for the application of the VAT exemption for the operations provided in art. 294 paragraph (1) let. A) -i), art. 294 para. (2) and art. 296 of Law no. 227/2015 on the Fiscal Code, approved by Order no. 103/2016 was published in Official Gazette 628/2020

17.07.2020 – The Government Decision no. 553/15.07.2020 on the prolongation of the state of alert on Romanian territory starting 17th of July 2020 and establishing the measures that apply for the prevention and fighting against the effects of the COVID-19 pandemic has been published within the Official Gazette no. 627 dated July 16th, 2020.

Law no. 114/2020 on the approval of Emergency Ordinance no. 90/2020 for the amendment of Ordinance no. 6/2019 on the establishment of fiscal facilities, as well as for the amendment of other normative acts was published in Official Gazette 600/2020

Alina Radu, Partner and head of our Banking and Finance practice, was one of the speakers at the 9th edition of ZF Bankers Summit organized by Ziarul Financiar between 14-15 July 2020.

On July 2, 2020, Law no. 102/2020 amending and supplementing Companies Law no. 31/1990 was published in the Official Gazette of Romania no. 583/2020, and it will enter into force within three days as of the publication, starting with July 05, 2020.

The Order of the President of the National Agency for Workforce Occupation no. 491/25.06.2020 on the amendment of Annex no. 3 of the Order of the  President of the National Agency for Workforce Occupation no. 457/2020 regarding the approval of the template documents provided by art. II, para. (2) of GEO no. 92/2020 has been published within the Official Gazette no. 566 dated 30 June 2020.

The European Commission has approved, under its Temporary Framework, a RON 4 billion (approx. €800 million) Romanian scheme to support companies affected by the coronavirus outbreak.

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