Tax

Legislative Provisions Related to the State of Exceptional Situation

By Decision No. 361 dated 24 November 2023, the Parliament decided to extend the emergency state on the entire territory of the Republic of Moldova for 30 days, starting on 1 December 2023.

Jalsovszky Head of Tax Advisory Akos Barati Makes Partner

Head of Tax Advisory and Wealth Management Akos Barati has been promoted to a Partner position with Jalsovszky in Budapest.

Valeriu Cernei Makes Partner at Gladei & Partners

Former Senior Associate Valeriu Cernei has been promoted to a Partner position with Gladei & Partners in Chisinau.

Cristina de Jonge, Nicolae Ursu, and Iulia Dragomir Make Partner at BPV Grigorescu Stefanica

Former Managing Associates Cristina de Jonge, Nicolae Ursu, and Iulia Dragomir have been promoted to Equity Partners at BPV Grigorescu Stefanica.

E-VAT System Goes Online in Hungary

The digitalisation of the Hungarian tax system has reached another important milestone: after lengthy preparatory work (and a few setbacks), the e-VAT system was launched on 1 January 2024, on a voluntary basis, for now.

Recent Amendments to the IT Parks Law Set the Course for Moldova as a Hotspot for BPO

On 21 December 2023 the Moldovan Parliament adopted significant amendments to the Law No.77/2016 on Information Technology Parks („IT Parks Law”) positioning Moldova as an attractive destination for Business Process Outsourcing (BPO). These amendments notably extend the eligibility criteria for IT Park residents, offering particular advantages to export-oriented BPO service providers.