Money Laundering in Romania Money laundering usually means the use of black money in the legal economy. The prevention of such practices is an international concern, thus there are numerous conventions regarding it. On the other hand, at a national level, there are preventive mechanisms, as well as a criminal charge for it. Incriminated Actions [...]
Tax Evasion Charges in Romania Tax evasion is criminally punishable in Romania. While different actions can lead to tax evasion charges, the value of the taxes has a significant impact on penalties. For some minimal values, you can avoid criminal sentencing. At the other end of the range, penalties can be severe. What Actions Constitute [...]
Drug Trafficking in Romania Producing, selling, and/or transporting illegal drugs is a serious criminal offense in Romania. There are a few key elements that make the difference in such cases. Criminal Penalties for Drug Trafficking in Romania by Type of Drugs Penalties for trafficking drugs in Romania are imprisonment of up to 15 years. The [...]
Romanian Company Taxation Romanian company taxation is important if you are interested in setting up a business in Romania. The standard tax rate for Romanian companies is 16% of the profits, both for Romanian companies and established foreign ones. However, there are some alternatives to the standard 16% rate and. Depending on the activity of [...]
What To Do if You Are the Victim of a Crime in Romania Being the victim of a crime in Romania, like everywhere else in the world, can be a distressing situation. You can find this particularly stressful when you are in a foreign country. The rules that you know may not apply and law [...]
Recognition of Foreign Court Orders in Romania The recognition of foreign court orders is an issue that occurs when a court order issued by one country has to be enforced in another. Court orders are mandatory in the country that has issued them. If they will or will not be mandatory in other countries depends [...]
Drug Possession Crimes in Romania Recreational drug possession is not allowed in Romania, regardless of type or quantity. Holding a small quantity of light drugs may not be heavily prosecuted, but it is still a crime under the Romanian Criminal Code. Drugs are classified as low risk and high risk, depending on their potential to [...]
Car Crash Victims Compensation in Romania Car crashes are very common in Romania for a number of reasons. They often result in serious injury or death. Although authorities are taking measures to prevent serious or fatal car accidents, they are still a common sight on Romanian roads. Traffic accident victims can obtain compensation so it [...]
