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Month: November 2021

Model arbitration clauses

Disputes between companies in the course of business can be settled both amicably or in court and through alternative dispute resolution methods. One of the fastest, most flexible, and effective alternative methods of resolving disputes between entrepreneurs is arbitration....
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Uncategorized

The dismissal of the administrator of the legal person

The modernized Civil Code establishes that the administrator of a legal person may be dismissed by decision of the competent body of the legal person (e.g., council) on the basis provided by law or contract, as well as without...
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Corporate law, Corporate law, Corporate law, Corporate law, Corporate law

Guarantees and compensations granted to employees for the implementation of special measures to ensure the safety, protection of life, and health of the population

On October 29, 2021, the amendments to the Labor Code, which establish several support measures for employees, entered into force. As a result of the new changes, employers will be obliged to grant employees days off, while maintaining the...
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Uncategorized

Reduced activity regime – regulated

On October 29, 2021, the amendments to the Labor Code, which regulate the reduced activity regime, entered into force. The new provisions give employers the right to establish the reduced activity regime for at least 25% of the number...
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Uncategorized

Technical unemployment established as a result of the declaration of a state of emergency, siege, war, or the establishment of restrictions in connection with the state of emergency in public health – regulated

On October 29, 2021, the amendments to the Labor Code governing the regime of technical unemployment established as a result of the declaration of a state of emergency, siege, war or the establishment of restrictions in connection with the...
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HR, HR, HR, HR, HR, HR

Granting days off to employees in case of suspension of the educational process in the regime of physical presence

On October 29, 2021, the amendments to the Labor Code, which establish several support measures for employers and employees, entered into force. Following the changes, employers will have the right, in case of suspension of the educational process with...
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Uncategorized

Execution Code – modified

On October 15, 2021, the amendments made to the Execution Code entered into force. The new changes generally aim to ensure better protection for debtors in enforcement proceedings. Among the new provisions is, for example, the prohibition of pursuing...
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Dispute resolution, Dispute resolution

Transparency of information related to the beneficial owners of legal persons

On October 28, 2021, amendments to the Law on State Registration of Legal Entities and Individual Entrepreneurs were adopted. The new amendments aim at making the information on the beneficial owners of legal entities transparent. Following the new amendments,...
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Uncategorized

Occupational standard for Accountant occupation – approved

On November 5, 2021, the Order of the Minister of Finance for the approval of the Occupational Standard for the Accounting Occupation entered into force. Occupational standards are needed to ensure the quality of human resources training, to identify...
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Tax and Finances

Name of the legal entity

All companies participate in civil and commercial relations under their name, registered in the public register. Legal persons whose names are registered have the right to use them and have an exclusive right over them. To not admit the...
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Uncategorized
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  • Popular Posts
  • Recent Posts
  • Conditions to be respected in case of salary payment through banks
  • Increase in the base rate applied to the main short-term monetary policy operations
  • Derogations and limitations from the obligations and liability of the administrator of the legal person
  • Prohibition of imposing fines for breach of discipline at work
  • The law on prevention has entered into force
  • The amount of the average monthly forecast salary per economy for 2022
  • Exemption from the payment of local taxes in the municipality of Chisinau in case of cessation of the activity of economic agents by the Commission for Exceptional Situations
  • New regulations in the field of gambling advertising
  • Liquidation of the Register of personal data operators
  • Prohibition of loans by insurers (reinsurers)
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