Legislative News in February 2012

LEGISLATIVE NEWS IN FEBRUARY 2012

Important legal regulations for the business environment in Romania were published in the Official Gazette, Part I, during the month of February 2012 such as:

I. I. Order no. 205 from 24/02/2012 for approval of the electronic application and issuance procedure of the document certifying the right to use the headquarters and the certificate for the purpose of headquarters space, published in the Official Gazette, Part I no. 148 of 06.03.2012.

The act came into force on the 6th March, 2012.

The new procedure applies to companies that based on art. 17 of the Companies’ Law no. 31/1990, republished with subsequent amendments, are required to register, when registering their headquarters, the document certifying the right to use the office space and obtain the certificate for headquarters, called the certificate for headquarters.

Together with the application for registration or recording of the change of the registered headquarters (called request RC), the company, through its legal representative or person authorized by it, files with the Trade Register Office in whose jurisdiction is the registered a request for registration of the document referred to above (called request AFP).

The Trade Registry Office is required to send by e-mail the scanned AFP request to the competent fiscal body after registration with the Trade Register of the RC demand. Upon request of AFP scanned document establishing the right to use submitted by the applicant in support of the application RC will be attached.

Order no. 5/2012 from 24/02/2012 establishing the mandatory purchase share of green certificates for the year 2011

Published in the Official Gazette no. 138 from 29/02/2012
The Act came into force on February 29, 2012

According to the Order, the mandatory quota for purchase of green certificates by operators who are bound by this obligation for the year of 2011 is set at 0, 03746 green certificates / MWh.

Green certificates carried forward in 2010 by operators mentioned in Annex no. 2 to the Decision of the President of the National Regulatory Agency for Energy no. 1.069/2011 establishing the achievement of mandatory quotas of green certificates purchase by electricity suppliers for 2010 can be used to fulfill the mandatory share purchase green certificates mentioned above.

III. Order no. 207/2012 from 24.02.2012 on the approval of methods and procedures for fiscal oversight of the production, storage, movement and importation of excisable products.

PPublished in Official Gazette no. 138 from 29/02/2012.
The Act came into force on February 29, 2012.

The Order approves the methods and procedures for achieving fiscal oversight of production, storage, movement and importation of excisable products provided in the Annex, which is part of the Order.

Fiscal supervision of production, storage, movement and importation of excisable goods is exercised by the National Customs Authority, through its central structures and / or regional structures, as the case may be.