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Author: PhD. Radu Catalin Pavel

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Articles, Employment and Labour Law

Reasons for dismissal in Romania

Dismissal for reasons not related to the employee in Romania In the modern society, dismissal in Romania is a common process in the professional environment, being a cause of termination of employment relations. The Romanian Labor Code provides two hypotheses of dismissal, respectively dismissal for reasons related to the employee, respectively dismissal for reasons not […]

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By : Jan 19, 2024 Comments Off on Reasons for dismissal in Romania
Articles, Corporate Commercial and M&A

What you need to know as a manufacturer and distributor of tobacco and electronic cigarettes products in Romania

The Tobacco Products Directive (TPD) represents a set of European legislative rules designed to regulate the marketing and manufacturing of tobacco products, as well as related products such as electronic cigarettes and their liquids in Romania. One of the primary goals of the Tobacco Products Directive (TPD) is to regulate electronic cigarettes and their liquids, […]

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By : Jan 18, 2024 Comments Off on What you need to know as a manufacturer and distributor of tobacco and electronic cigarettes products in Romania
Articles, Corporate Commercial and M&A

Changing headquarters of a company in Romania

The headquarters of a company represents an important identification factor as it serves as the official address of the company and is used for official correspondence, administrative, tax, and legal communications. Therefore, the correct updating of the headquarters in legal documents is essential to ensure the proper reception of correspondence and official notifications. For changing […]

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By : Jan 12, 2024 Comments Off on Changing headquarters of a company in Romania
Juridical Updates

Juridical Updates 12 January 2024

The Romanian Law no. 15/2024 amending and completing the Law on cadastre and real estate advertising no. 7/1996 If, on the occasion of the cadastral measurements of buildings located outside the town, which were the subject of the land fund laws, it is found that the area of the measurements is larger than the area […]

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By : Jan 12, 2024 Comments Off on Juridical Updates 12 January 2024
Articles, Corporate Commercial and M&A

What aspects should you take consider into consideration when incorporating a company in Romania in 2024?

According to the Romanian Law no. 265/2022 on the trade register and for the modification and completion of other normative acts with an impact on the registration in the trade register, so that a professional can carry out economic activity in Romania, it is necessary, first of all, to require the registration of the company […]

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By : Jan 10, 2024 Comments Off on What aspects should you take consider into consideration when incorporating a company in Romania in 2024?
Articles, Tax Law

Fiscal changes regarding companies in Romania in 2024

Starting in 2024, the Fiscal Code undergoes a series of modifications enacted by Law 296/2023 and Emergency Ordinance 115/2023. These changes encompass various aspects, including the method of calculating the income tax for micro-enterprises in Romania, additional conditions to qualify as a micro-enterprise in Romania, the mandatory adoption of the RO e-Invoice System and an […]

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By : Jan 5, 2024 Comments Off on Fiscal changes regarding companies in Romania in 2024
Juridical Updates

Juridical Updates 5 January 2024

Romanian Decision no. 1336/2023 amending and completing the Methodological Norms for the application of the Romanian Law no. 227/2015 on the Fiscal Code, approved by Government Decision no. 1/2016 In the case of transfer of ownership or its dismemberments by dealings inter vivos, the taxpayer is the one from whose property is transferred or its […]

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By : Jan 5, 2024 Comments Off on Juridical Updates 5 January 2024
Articles, Insolvency, Restructuring and Bankruptcy

Statement of claim in Romania

According to the provisions of Law no. 85/2014, to acquire the status of a creditor in the insolvency procedure in Romania, several steps need to be followed, including: notifying the creditors from the list submitted by the debtor, filing the statement of claim within the fixed term established by the decision for opening the insolvency […]

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By : Jan 3, 2024 Comments Off on Statement of claim in Romania
Articles, Insolvency, Restructuring and Bankruptcy

Recovery of claims in insolvency proceedings in Romania

According to the Romanian Law no. 85/2014 on insolvency prevention and insolvency proceedings, insolvency in Romania is that state of the debtor’s assets that is characterized by the insufficiency of the available funds for the payment of certain, liquid and enforceable debts. The insolvency in Romania is presumed when the debtor, after 60 days of […]

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By : Dec 22, 2023 Comments Off on Recovery of claims in insolvency proceedings in Romania
Juridical Updates

Juridical Updates 15 December 2023

Romanian Order no. 225/2023 regarding the information of consumers by the economic operators that carry out online activity Economic operators, which carry out the activity of marketing/provision of services in the online environment, have the obligation to inform consumers about its legal conditions, by displaying all the information on the basis of which it operates: […]

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By : Dec 18, 2023 Comments Off on Juridical Updates 15 December 2023
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