The taxation of multinationals by at least 15 pct goes into a straight line, and Romania will have to adapt its legislation to include these new taxation rules, covering also specific situations, according to an analysis made by Miruna Enache, EY Romania & Moldova Tax Partner, EY CESA Tax Markets Leader."Multinationals must be prepared: Romania, through the voice of its Minister of Finance, Adrian Caciu, begins preparations for the implementation, as of January 1, 2023, of the Directive on the minimum level of taxation. Since the administrative and compliance costs of the introduction of the Global Minimum Corporate Tax (GloBE) will be minimal, so as the Organisation for Economic Co-operation and Development (OECD) is assuring, where the Government will have to really work, will be on adapting the legislation so as to take into account all the specific situations and prepare clear rules, to ensure an easy enforcement of the European Directive," the article mentioned says.The EY Romania partner says that Romania will have to adapt its legislation to include these new taxation rules, covering also specific situations (such as micro-enterprises, the situation in which a group's entity located in Romania must apply the minimum additional tax, even if it is not a holding company, etc.). The preparation of clear rules for the practical enforcement of the new rules is extremely important (as the implementing rules for all the European legislation implemented in our country have proved to be extremely useful).
Romanian foreign minister Oana Ţoiu, together with her Colombian counterpart, Rosa Yolanda Villavicencio, marked the reopening of the Embassy of the Republic of Colombia in Bucharest on Wednesday, February 11, after 24 years of absence. The Colombian official's presence at the opening marked the first bilateral meeting at the level of foreign ministers since 1994. […]
A selection of Romanian films that capture complex connections and love in its many expressions. Metronom Alexandru Belc’s first fiction project follows the story of a group teenagers living in 1970s Romania who go from a house party to being accused of plotting against the state. Love, rebellion and repression mix in this “beautiful,...
The Ministry of Sound Classical show will arrive in Romania for the first time in 2026. The event will take place at Romexpo - Pavilion B in Bucharest on December 12. The Ministry of Sound Classical concept blends iconic dance tracks with the power of a live symphony orchestra. The Bucharest edition will feature a […]
Residential developer Alesonor announced the appointment of the technology group for construction services STRABAG Romania as the general contractor for the construction of Phase II of the Amber Forest suburb, located in Tunari, Ilfov County - close to Bucharest. The project includes building a residential area that will include 172 housing units, comprising a total […]
Stanford professor and psychiatrist Dr. Anna Lembke, one of the most influential international voices in the field of addiction and mental health, will speak in Bucharest about digital dependency, burnout, and the attention crisis in the business environment at Impact Bucharest 2026. Lembke, the author of the global bestseller Dopamine Nation: Finding Balance in the […]
Bucharest’s flexible office market expanded strongly in 2025, with new deliveries tripling year-on-year and total stock reaching 74,000 sqm across 48 locations. The segment now accounts for more than 2% of the city’s modern office inventory, according to data released by real estate services firm iO Partners. Total flex supply grew by 8.1% compared with […]
