Category: Legislation

What problems can arise when incorporating a Limited Liability Company in Romania- STATISTICS

Tens of thousands of Limited Liability Companies are incorporated each year in Romania. Many times, however, the prospective owners do not take into considerations the problems that may arise in the future, especially issues related to shareholders rights and obligations or the firm’s Article of Association. By hiring a lawyer specialized in incorporating LLCs and […]

Radu Pavel, Romanian lawyer specialized in investment’s securities: 5 tips to protect the capital invested in a Romanian company

If an investor or a shareholder wants to invest in a Romanian company and receive a subsequent profit, he will provide a loan to that company. In this respect, it may be concluded a loan agreement or prepayment agreement. But these sort of agreements do not guarantee the security of the investment.  In order to […]

Pavel, Mărgărit & Associates Romanian Law Firm was ranked in the top of law firms in Romania by the prestigious guide Legal 500 (2019)

          Pavel, Mărgărit & Associates Romanian Law Firm is one of the leaders of the Romanian law market, according to the most prestigious law guide in the world, Legal 500 (London, UK). This is the third consecutive year in which Legal 500 recognizes these lawyers professionalism in the areas of Restructuring and insolvency and Real estate […]

How to appeal an asylum request rejection in Romania

Applications for asylum may be rejected by Romanian authorities from several reasons. Applicants have multiple ways to appeal these decisions, on conditions that appeals is according to the calendar established by legal provisions. In order to challenge the decision through which the asylum application was rejected and to take all the necessary steps, it is […]

Merger of companies in Romania

The merger of the companies presupposes the existence of at least two distinct companies registered with the Romanian Trade Register that wish to join in one company. The merger of the trading companies can be done either by absorption, if one of the existing companies takes over the other (“absorbs it”), or by setting up […]