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.
The professionals registered with the Trade Registry and any other interested individuals may obtain information on all the records entered in the trade registry with regard to a company, having the following available options:
Starting from February 1st, 2018, new rules shall apply with regard to the income tax exemption applicable to individuals that obtain salaries and similar income from software development activities. These rules are set under joint Order no. 1.168/2017/ 492/2018/ 3.024/2018/ 3.337/2017 of the Ministry of Communications and Information Society, the Ministry of Labour and Social Justice, the Ministry of National Education and the Ministry of Public Finance, regarding the qualification as software development activity (the “Orders”), as published in the Official Gazette of Romania, Part I, no. 52, dated January 18th, 2018.