Economic crimes hold significant importance in legal practice in Romania, being regulated by both the Criminal Code and special laws. Their importance arises not only from the large number of cases involving financial and economic crimes, due to the proliferation of such offenses, but also from the challenges faced during criminal investigations in understanding these cases (as they often involve extremely complex financial schemes), as well as in conducting such criminal inquiries (investigation plans).<\/span><\/p>\n Undoubtedly, investigating economic crimes requires a much higher level of complexity compared to other areas, as this complexity stems both from the purely technical nature of economic and financial mechanisms and from the intricate and laborious way in which evidence is gathered in such criminal cases. These aspects make the assistance of a criminal law specialist lawyer essential if you are accused of committing such an offense.<\/span><\/p>\n Although there is no specific legal definition of economic crimes, they can generally be described as illicit activities conducted in the financial and economic domain. The main types of economic crimes incriminated by the Criminal Code include embezzlement, tax evasion, money laundering, fraudulent management, and unfair competition.<\/span><\/p>\n The crime of tax evasion in Romania is regulated by Article 9 of Law 241\/2005 for the prevention and combat of tax evasion. According to this law, the following actions, committed with the purpose of evading tax obligations, constitute tax evasion offenses:<\/span><\/p>\n Thus, tax evasion refers to situations where taxpayers deliberately conceal or ignore their tax obligations, leading to damage to the state budget.<\/span><\/p>\n Tax evasion offenses can be committed by individuals or legal entities, or by any non-legal entities that owe taxes or other contributions to the state budget.<\/span><\/p>\n Tax evasion is punishable by imprisonment from 2 to 8 years and the prohibition of certain rights, or by fines. An aggravating circumstance is provided in paragraph (2), increasing the penalty by 5 years if the damage exceeds 100,000 euros. Paragraph (3) further increases the penalty by 7 years if the damage exceeds 500,000 euros.<\/span><\/p>\n The crime of money laundering in Romania is regulated by Article 49 of Law 129\/2019 for the prevention and combat of money laundering and terrorist financing, stipulating that the following actions constitute money laundering offenses:<\/span><\/p>\n The crime of unfair competition in Romania is regulated by Article 2 of Law 11\/1991 on combating unfair competition, stating that the following commercial practices violate fair trade customs and good faith principles, causing or potentially causing damage to other businesses:<\/span><\/p>\n A criminal lawyer in Romania<\/a> from the Blaj Law<\/a> team, with expertise in economic crimes, is ready to represent you and provide assistance throughout the entire criminal process.<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Why should you be assisted by a criminal law lawyer specialised\u00a0in a criminal trial in Romania? Economic crimes hold significant importance in legal practice in Romania, being regulated by both the Criminal Code and special laws. Their importance arises not only from the large number of cases involving financial and economic crimes, due to the […]<\/p>\n","protected":false},"featured_media":2954,"parent":4807,"menu_order":0,"template":"","class_list":["post-4819","servicii","type-servicii","status-publish","has-post-thumbnail","hentry","layout_category-criminal-law"],"acf":[],"_links":{"self":[{"href":"https:\/\/blaj-law.ro\/en\/wp-json\/wp\/v2\/servicii\/4819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blaj-law.ro\/en\/wp-json\/wp\/v2\/servicii"}],"about":[{"href":"https:\/\/blaj-law.ro\/en\/wp-json\/wp\/v2\/types\/servicii"}],"up":[{"embeddable":true,"href":"https:\/\/blaj-law.ro\/en\/wp-json\/wp\/v2\/servicii\/4807"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blaj-law.ro\/en\/wp-json\/wp\/v2\/media\/2954"}],"wp:attachment":[{"href":"https:\/\/blaj-law.ro\/en\/wp-json\/wp\/v2\/media?parent=4819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What are economic crimes, and what do they include in Romania?<\/b><\/h2>\n
Tax Evasion in Romania<\/b><\/h3>\n
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Money Laundering in Romania<\/b><\/h3>\n
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Unfair Competition in Romania<\/b><\/h3>\n
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