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Thursday, 15 November 2018 21:39

Quarterly distribution of dividends

According to Law no. 163/2018 on amending and supplementing Accounting Law no. 82/1991, Companies Law no. 31/1990, as well as on amending Law no. 1/2005 on the organization and functioning of cooperative companies (“Law 163/2018”), published in the Official Gazette of Romania, Part I no. 595, as of 12.07.2018, the Romanian companies are allowed to distribute dividends quarterly to shareholders, under the conditions stated below.  

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