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A data breach in the European Union (EU) is defined under the General Data Protection Regulation (GDPR) as a security incident that leads to the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of, or access to personal data. This can affect the data’s confidentiality (ensuring that it is accessible only to those authorized to…
On 3 September 2024, was published in the Official Gazette No. 887 of 3 September 2024, the ORDER OF THE PRESIDENT OF THE NATIONAL AGENCY FOR FISCAL ADMINISTRATION No. 6234 of 29 August 2024 – for the approval of the model and content of the form “Notification of compliance RO e-TVA”, as well as of…
Download PDF 10 July 2024 Amendments on RO e-Invoice, RO e-Transport, RO e-VAT Starting from 1 July 2024, significant amendments on RO e-Invoice, RO e-Transport, RO e-VAT are applicable. These changes are introduced via the following legislation: Emergency ordinance no. 69/21 June 2024 for the modification and completion of some normative acts in the field…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors, operating in Cyprus, Bulgaria, Romania, Moldova and Greece. Country offices are independent member firms of Baker Tilly International; one of the Top 10 largest networks in the sector. A blend of young graduates and mature…
Download PDF 20 June 2024 Transforming Workplaces: Introducing Paid Leave for IVF Procedures Empowering Women, Enhancing Business: A New Era of Employee Support Law no. 53/2003, also known as the Labor Code, introduces a groundbreaking benefit for salaried women undergoing in vitro fertilization (IVF). This law grants an additional three days of paid leave annually,…
Download PDF 17 June 2024 Minimum Wage Increase and New Tax Relief Measures Effective June 2024 Effective June 6, 2024, the government has enacted Decision 598/2024, raising the nationwide gross minimum basic salary. This excludes any allowances, bonuses, and other additions. On June 7, 2024, this was further supported by Government Emergency Ordinance 59/2024, which…
About Baker Tilly Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors, operating in Cyprus, Bulgaria, Romania, Moldova and Greece. Country offices are independent member firms of Baker Tilly International; one of the Top 10 largest networks in the sector. A blend of young graduates and mature…
Unveiling the Vital Role of Internal Audit in Today’s Business Landscape Article by: Nicoletta Savva – Manager, Governance, Risk and Compliance Services, Baker Tilly South East Europe Why is Internal Audit even more relevant today? Internal audit functions serve as the guardians of integrity, efficiency, and compliance, playing a pivotal role in safeguarding assets, enhancing…
About us Baker Tilly South East Europe is a leading firm of auditors, accountants, tax consultants and business advisors, operating in Cyprus, Bulgaria, Romania, Moldova and Greece. Country offices are independent member firms of Baker Tilly International; one of the Top 10 largest networks of the sector. A blend of young graduates and mature professionals…