On December 12, 2020, the law on infringement procedure in the field of prevention of money laundering and terrorist financing and the method of applying sanctions entered into force. The law applies to reporting entities (e.g., banks, real estate...
On January 1, 2021, the fiscal-customs policy for 2021, which contains several measures to reduce cash in the economy, entered into force. Such measures include the obligation for businesses to install, by July 1 of the following year, payment...
During the state of emergency and the state of emergency in public health, by derogation from the provisions of the Fiscal Code: to foodstuffs and beverages, except for alcoholic products, prepared or unprepared, for human consumption, accompanied by related...
Regardless of the form of legal organization, employers must create/reserve jobs and employ people with disabilities in a percentage of at least 5 percent of the total number of employees. This obligation is incumbent on employers who, according to...
On October 18, 2021, the State Tax Service published the SI “e-Factura” v. 2.0 User Guide. The “e-Factura” information system is the electronic portal developed to provide taxpayers with an information solution that replaces the traditional mechanism of keeping...
The electronic document signed with a qualified advanced electronic signature (a signature with the highest degree of protection) produces the same effects as the paper document, signed in handwriting. This implies that when the document is required to be...
Disputes between companies in the course of business can be settled both amicably or in court and through alternative dispute resolution methods. One of the fastest, most flexible, and effective alternative methods of resolving disputes between entrepreneurs is arbitration....
The modernized Civil Code establishes that the administrator of a legal person may be dismissed by decision of the competent body of the legal person (e.g., council) on the basis provided by law or contract, as well as without...
On October 29, 2021, the amendments to the Labor Code, which establish several support measures for employees, entered into force. As a result of the new changes, employers will be obliged to grant employees days off, while maintaining the...
On October 29, 2021, the amendments to the Labor Code, which regulate the reduced activity regime, entered into force. The new provisions give employers the right to establish the reduced activity regime for at least 25% of the number...