The Ministry of Finance published Order no. 1920/2013 on 3 December 2013 providing the procedure for updating guarantees in line with Article 206^54 paragraph (4^2) of Law no. 571 / 2003 regarding the Fiscal Code.
In this respect, authorised warehousekeepers who have previously lodged a guarantee for more than the maximum threshold provided by the law may request the partial release of that guarantee by 5 December.
Entry into force: 3 December 2013
[Source: Official Gazette of Romania no. 748/ 3 December 2013]
For more information, please contact Mihaela Mitroi, Ionut Simion and Daniel Anghel.
Country Managing Partner, Romania
Tel: +40 21 225 3708