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Enjoy! We definitely got important things to say.
Enjoy! We definitely got important things to say.
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New fiscal changes starting with 1st of February
/0 Comments/in Uncategorized /by startlawyersAs from 1st of February will become effective some new regulations in fiscal area in Romania, such as:
POR 2016/2/2.1.A – Micro enterprises call for projects extended
/0 Comments/in News /by startlawyersThe Romanian Ministry of European Funds extended the deadline for submitting the projects under the Call no. POR 2016/2/2.1.A – Micro enterprises, Priority Ax 2 – Enhancing the competitiveness of small and medium companies, Priority investments 2.1 – Promoting entrepreneurship, in particular by facilitating the economic exploitation of new ideas and by fostering new businesses, including through business incubators.
The funding applications rejected due to administrative and eligibility check can be re-submitted under the new deadline, but no projects can be submitted again after being rejected at the stage of technical and financial evaluation. All projects that will be submitted again are procedural considered newly filed applications.
Draft budget for 2017
/0 Comments/in News /by startlawyersThe Romanian Ministry of Finance has issued a press release regarding the draft budget for 2017.
According to the press release, the European funds for 2014-2020 has been foreseen as follows:
The complete press release of the Ministry of Finance can be found here.
European Account Preservation Order (E.A.P.O.) – new procedure to facilitate cross-border debt recovery in civil and commercial matters
/0 Comments/in News /by startlawyersStarting this year, debt recovery is faster, cheaper and more efficient with this new procedure for obtaining an European Account Preservation Order (E.A.P.O.).
This procedure is an additional and optional tool that the creditor can use for debt recovery. According to this Regulation – (EU) No 655/2014 – which applies starting the 18th of January 2017, the creditor is entitled to obtain a E.A.P.O. for preventing the subsequent enforcement of the creditor’s claim from being jeopardized through the transfer or withdrawal of funds up to the amount specified in the Order which are held by the debtor or on his behalf in a bank account maintained in a Member State.
This regulation applies to pecuniary claims in civil and commercial matters in cross-border cases and it does not extend, in particular, to revenue, customs or administrative matters or to the liability of the State for acts and omissions in the exercise of State authority.