THE APPLICABLE LAW IN CASE OF CONFLICT BETWEEN ROMANIAN LAWS AND INTERNATIONAL LEGISLATION

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According to the dispositions of the Constitution of Romania, regarding the relation between the international legislation and the internal (national) law, the Romanian state undertakes to fulfill exactly and in good faith, the obligations deriving from the international treaties it is party to.

1/1/1900

TEN COMMANDMENTS TO RENT A REAL ESTATE IN ROMANIA

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If the lease is intermediated by a real estate agency, the tenant shall negotiate with the agency a fixed fee, not a percentage of the rent price, because in the latter case the agency will be rather interested in receiving a higher fee than in presenting him a convenient offer

1/1/1900

HOW AN INDIVIDUAL IS TAXED IN ROMANIA

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Acording to the Romanian law,and respectively to the Romanian Fiscal Code, as it completed with other laws, an individual is subject to the following taxes

1/1/1900

Reduced VAT rate of 5% - a solution to encourage the sale and purchasing of new homes in Romania

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According to the Emergency Ordinance 200/2008 issued by the Romanian Government, the individuals (unmarried or family) may benefit of a reduced rate of VAT of 5% on the purchase of a single home in such conditions regarding the tax, only if they cumulatively meet the following conditions

1/1/1900

DIVORCE PROCEDURE IN ROMANIA

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According to the Romanian law, marriage can be terminated by divorce in the following cases

1/1/1900

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