The Joint Venture and the Insolvency of the Leader

In this article, NNDKP Partner Radu Damaschin discusses the concepts of joint venture and insolvency under Romanian Law.

NNDKP at Outlook 2019: Europe & CEE

On 21 February 2019, NNDKP will be at the Outlook 2019: Europe & CEE, a real estate conference organised in Bucharest by Reed MIDEM in association with MIPIM, the creator of the world’s leading real estate event, and Investment Briefings, a media company focused on real estate investment and market trends. NNDKP is the hosting partner of the event. The conference will focus on the investment opportunities in 2019 in Central and Eastern Europe in terms of real estate.  A NNDKP Partner, Lavinia Ionita Rasmussen will be a speaker at the event.

NNDKP at ZF Power Summit 2019

Between 19-20 February 2019, NNDKP will be at ZF Power Summit 2019, organised by Ziarul Financiar in Bucharest. The 8th edition of the summit will focus on the latest fiscal changes and the necessary investments in the energy sector. NNDKP’s Partners and co-heads of the Energy and Natural Resources practice, Gabriela Cacerea and Ruxandra Bologa will be speakers at the event.

NNDKP Tax Advisory Services at Tax EU Forum 2019

Between 14 and 15 February 2019, NNDKP Tax Advisory Services will be at Tax EU Forum, organised by Evensys in Bucharest.

NNDKP – IP Firm of the Year 2019 at the First Edition of the Global IP Awards

Nestor Nestor Diculescu Kingston Petersen (NNDKP) received the distinction "Intellectual Property Firm of the Year in Romania" at the Global IP Awards inaugural gala organised by the international publications Intellectual Asset Management (IAM) and World Trademark Review (WTR) in London on 29 January 2019.Ana-Maria Baciu, partner and head of the firm’s IP practice, accepted the award on behalf of NNDKP and stated: "We are very pleased to win this award for Romania from the very first edition of this gala. This reinforces once again the constant efforts of our team and constitutes a recognition…

NNDKP at ICE London 2019

Between 5-7 February 2019, NNDKP will be at ICE London 2019, ”the benchmark and driver of the B2B Gaming industry’s international growth.” The firm will be represented by Partners, Ana-Maria Baciu and Cosmina Simion, co-heads of NNDKP’s Gaming practice.Furthermore, Ana-Maria and Cosmina will be speakers at the event in two Masterclass panels organised by the International Masters of Gaming Law (IMGL) on Wednesday, 6 February 2019 in the Platinum Suite:10:30-11:20: Cosmina Simion – "Social Responsibility – What does it really mean?" 13:30-14:20: Ana-Maria Baciu – "The increasing…

Gambling Advertising – in the Spotlight

Andrei Cosma, Associate in the Gaming team at SEE Legal's Romanian member NNDKP, authored an article in the Casino Inside magazine on the gambling advertising and the related regulatory measures: NNDKP has drafted several articles in time on a common topic, namely gambling advertising and the related regulatory measures. The reasons are obvious since anyone who had minimum contact with the industry already knows that gambling advertising is probably the favourite subject for discussions and (sometime) regulation for the decision-making factors. At the end of 2018, we are facing the situation…

Romanian Tax Talk

Marius Ionescu, Tax Partner and one of the Coordinators of NNDKP Tax Advisory Services, featured in an exclusive article in Business Review focused on Romania's fiscal regime. "The profit tax of just 1 percent for companies with a turnover under EUR 1 million, the 5 percent tax rate for dividends, the 10 percent income tax applicable on capital gains on exit and the special tax provisions for holding firms make Romania an attractive market for startups at regional and European level", says Marius. To read the entire article, please visit Business Review.

Romania Doubles Down On Online Tax

Have the Romanian government priced online operators out of the Romanian market with this new tax?Over the festive break, the Romanian government introduced a series of new taxes and financial caps aimed at improving the welfare of Romanian citizens, targeting areas including banking, retail, alcohol, tobacco and local infrastructure. Among the new taxes introduced was a 2% tax on egaming operator turnover, which will now be paid by operators in addition to the 16% tax on gross gaming revenue currently being paid, meaning that operators will now pay a total tax of 18% from 2019. It was…

NNDKP IP Promotes Andreea Bende to the Position of Partner

The Intellectual Property Department of Nestor Nestor Diculescu Kingston Petersen (NNDKP Consiliere in Proprietate Intelectuala SRL) is pleased to announce the promotion of Andreea Bende to the position of partner as of 1 January 2019. Thus, Andreea will now be the third partner of the division, together with Ana-Maria Baciu, head of the department, and Cosmina Simion. Andreea Bende joined NNDKP Consiliere in Proprietate Intelectuala SRL over 14 years ago, and her consistently upward journey towards the highest level of professional accomplishment tells a story about tenacity, ambition, loyalty…

NNDKP Represented the Baylor Marea Neagra Foundation Successfully in a Court Dispute

The Romanian fiscal bodies refused to authorize the VAT-exempt import of the medicines necessary for treating several serious conditions, including HIV/AIDS infection, anaemia caused by chronic renal diseases and certain types of cancer. The refusal to authorize the VAT-exempt import was issued for a donation of medicines, in the total amount of USD 3,157,984.50, imported by the Baylor Foundation to be distributed freely to patients in the state hospital network that is experiencing financial distress. “Among the years, thanks to the partnerships developed by the Baylor Foundation with American…