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Member Articles


New Limits on the Drafting of Standard Contractual Terms

Law No. 32/2021 of 27/05 Law No. 32/2021 of 27 May was published, establishing limitations on the wording of standard contractual terms and providing for the creation of a system for the control and prevention of unfair ...

Extension of VAT Exemption of Goods Needed for the Pandemic

Law No. 33/2021 of 28 May, extends until 31 December 2021 the value added tax (VAT) exemption for intra-community transfers and acquisitions of goods needed to combat the effects of the pandemic disease COVID-19. This l ...

IRC - Taxes of Municipal Surtax Applicable on the Taxable Income of 2020

Order no. 20233 of 07 May 2021 republishes the table of taxes and exemptions of municipal surtax applicable on the taxable income of IRC for the period 2020 with the amendments/corrections requested by the municipalities ...

Appointment of the Fiscal Representative

Order no. 90033 of 13 May 2021 establishes that taxpayers with an address in the United Kingdom registered in the AT (tax authority) database until 2020.12.31 may appoint a tax representative till 30 June 2022, without a ...

Research Report on Getting the Economy Back on Its Feet: A Survey of Owner Managed Businesses

AAB has been working in conjunction with the Association of Practicing Accountants (APA), a network of 17 professional service firms who collaborate on industry issues enabling better representation and support to the ...

New Incentive to Normalize Business Activity and Simplified Support for Micro-Enterprises to Maintain Jobs

Ordinance no. 102-A/2021 of 14/05 Ordinance no. 102-A/2021 of 14/05 was published, which regulates the new incentive to the normalization of business activity and the simplified support for micro enterprises to maintain ...

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