EY Romania

Regulation (EU) 486/2025 on obtaining the status of authorised declarant under CBAM has been published

On 18 March 2025, Regulation (EU) no. 486/2025 laying down rules for the application of Regulation (EU) 2023/956 of the European Parliament and of the Council as regards the conditions and procedures related to the status of authorized declarant under the CBAM has been published, applicable from March 28, 2025.

EY assisted Solida Capital in acquiring Victoria Center office building

EY’s Strategy and Transactions and Transaction Tax teams provided Solida Capital with financial and tax due diligence services in relation to the acquisition of Victoria Center office building.

Capital costs challenge: how to overcome the issue in CESA nuclear power projects

Nuclear power is crucial to safeguarding secure electricity supplies in CESA.

Smart-charging and V2G critical for cost savings, grid stability and renewables integration

EY predicts that by 2030, there will be more than 50 million electric vehicles (EVs) on Europe’s roads, representing 15% of the total vehicle stock.

EY assisted Morphosis Capital in acquiring a minority stake in EnduroSat

EY’s Strategy and Transactions and Transaction Tax teams from Romania and Bulgaria provided Morphosis Capital with financial and tax due diligence services in relation to the acquisition of a minority stake in EnduroSat.

Changes in the control activity of the General Directorate for Anti-Fraud (‘DGAF’) brought by Order No. 128/2025

The National Agency for Fiscal Administration ("ANAF") has published in the Official Gazette Order no. 128/2025 regarding the approval of the model and content of the forms and documents used in the control activity of the General Directorate for Fiscal Anti-Fraud, which introduces some changes regarding the control activity of DGAF ("the Order").

ICT suppliers need to adapt their strategies to help businesses succeed in digital transformation

The momentum for enterprise investment in emerging technologies remains robust with nearly half (47%) of businesses investing in generative artificial intelligence (GenAI), compared with 43% last year. Forty-three percent of survey respondents are investing in internet of things (IoT) and 33% is investing in 5G technology, reflecting an upward trend from 39% and 27% respectively in 2024.

In the Official Gazette no. 119 of 10 February 2025, the Law on the state social insurance budget for the year 2025 was published

The average gross salary used as the basis for the state social insurance budget for the year 2025 is 8,620 lei.

Amendments of Order no. 114/2019: Procedure for the registration of lease contracts, as well as the model and content of the "Application for registration of lease contracts"

The amendments made to the initial Order mainly aim to align with the provisions of art. 83, para. (6) of Law no. 227/2015 regarding the Fiscal Code, in the sense that if the leased property is co-owned, the obligation to register the lease contract with the tax authority falls to the owner, the usufructuary or another legal holder designated in the respective contract.

EY and Microsoft expand social impact collaboration to equip the next generation with AI skills

EY and Microsoft expand social impact collaboration to equip the next generation with AI skills

European financial services M&A activity picked up in 2024, with deal volume reaching a nine-year high

European financial services M&A activity picked up in 2024, with deal volume reaching a nine-year high

Smaller, smarter deals: Dealmaking volume stable but value is down as life sciences companies turn to innovative early-stage assets with China and AI becoming major sources of innovation

Smaller, smarter deals: Dealmaking volume stable but value is down as life sciences companies turn to innovative early-stage assets with China and AI becoming major sources of innovation

2024 IPO wrapped: Americas and EMEIA recover, Asia-Pacific lags

2024 IPO wrapped: Americas and EMEIA recover, Asia-Pacific lags

Investors shun long-term ESG rewards in quest for short-term gains

Investors shun long-term ESG rewards in quest for short-term gains

Better risk management key for government success in 2025

Better risk management key for government success in 2025

Gender pay gap widens across European financial services boardrooms despite rise in remuneration for female non-executive directors

Gender pay gap widens across European financial services boardrooms despite rise in remuneration for female non-executive directors

Tech industry looks to turn the promise of AI into reality in 2025

Tech industry looks to turn the promise of AI into reality in 2025

Emergency Ordinance “trenuleț” on certain fiscal-budgetary measures in the field of public expenses for the justification of general consolidated budget for the year 2025

Recently, the draft of the Emergency Ordinance “trenuleț” was adopted by the Romanian Government, amending and updating Law 227/2015 of the Fisal code. By the time of publishing this tax alert, it has not been published in the Romania Official’s Journal. The tax alert has been prepared on the basis of the draft normative act available on the website of the Ministry of Finance.

Emergency Ordinance no.138/2024 on amending and supplementing certain normative acts in the fiscal-budgetary field, as well as for regulating other measures

On December 5, 2024, was published in the Official Gazette no. 1222 the Emergency Ordinance no. 138/2024, which amends and supplements certain normative acts in the fiscal-budgetary field, as well as regulating other measures.