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Pavel Margarit & Associates

Selling and buying a renewable energy project

The wave of wind and solar projecs transactions in Romania: Legal stages and specific procedures

Selling and buying a renewable energy project, step by step: How acquisitions are made and the role of lawyers in renewable energy Trading projects in the renewable resources sector has become, in recent years, one of the most active segments of the capital market and of the energy market in Romania, both for wind energy […]

Legal 500 2026

Pavel, Margarit and Associates Romanian Law Firm receives, for the second consecutive year, 4 accolades in the “Client Satisfaction” category from Legal 500 in 2026 for: Team quality, Billing and Efficiency, Industry Expertise, and Recommended Firm

From team quality to billing efficiency: What the Legal 500 2026 accolades and high client satisfaction score means for the Romanian business law market Pavel, Margarit and Associates Romanian Law Firm strengthens its leading position in Romania after receiving four accolades in a selection process conducted in London, United Kingdom, by the renowned Legal 500—the […]

Mergers and Acquisitions in Romania. Legal protection and risk control in business sales and purchases

The role of a specialized lawyer and legal assistance in sale and purchase agreement in Romania Selling a business or buying a business in Romania is a complex process involving strategic, financial, and legal stages, from preparing the business to the final transfer of participation interests or assets. The process typically takes several months and […]

company inactivity

When does a company become Tax Inactive in 2026, according to the NAFA Press Release of 11 February 2026

Under what conditions does a company become Tax Inactive in 2026: NAFA criteria, statutory deadlines and the lawyer’s role in prevention and challenging decisions Accurate and timely financial reporting is a fundamental requirement in the tax administration of a company, and current tax legislation requires the submission of annual financial statements in accordance with the […]

Obligation to accept modern payment methods introduced from 1 January 2026: The impact on the business environment in Romania

How the new rules introduced by Ordinance 193/2002 on modern payment instruments affect company formation and existing companies The entry into force on 1 January 2026 of the amendments of the Ordinance no. 193/2002, in the consolidated version of 12 February 2026, changes the legal basis applicable to companies and professionals registered with the Trade […]

Cancellation and Withdrawal of Romanian citizenship

Cancellation and Withdrawal of Romanian citizenship: When citizenship may be lost under Law no. 21/1991 on Romanian citizenship

Legal conditions for the cancellation and withdrawal of Romanian citizenship. Procedures explained by an immigration lawyer The legal regime governing citizenship is regulated by Law no. 21/1991 on Romanian citizenship, which establishes both the methods of acquisition and the cases of loss of Romanian citizenship. The law sets forth a strict legal framework in which […]

financial deadlock in 2026

Deterioration of payment discipline and financial deadlock in 2026: Legal solutions for debt recovery in Romania

Causes, risks and impact on the business environment in the context of the financial crisis in Romania The deterioration of payment discipline represents one of the current challenges facing the Romanian business environment, with direct effects on liquidity, contractual stability and the continuity of commercial activities. Recent economic analyses indicate that the final months of […]

GDPR privacy data

Draft law on the publication of tax debts: Legal implications for citizens and businesses

What does the “list of shame” of debtors entail and when could it have real legal effects? The draft law on the adoption of measures to increase the financial capacity of administrative-territorial units of the Ministry of Development, Public Works and Administration proposes fundamental changes in the administration of local tax receivables, particularly with regard […]

new taxes

The impact of the new taxes on commercial companies in 2026 in Romania

How companies are affected by the new fiscal amendments starting in 2026 The tax changes applicable as of January 1, 2026 have a significant impact on the business environment in Romania and mainly concern the increase or recalibration of certain local and central taxes, changes in the calculation of tax on buildings, land and motor […]

Secondary insolvency proceedings in Romania

 Secondary insolvency proceedings in Romania: Current legal challenges in the application of Regulation (EU) No. 848/2015 for foreign companies with a branch in Romania

Cross-border insolvency and secondary proceedings: The European legal framework and conditions of admissibility in Romania The constant evolution of international trade and the dynamics of financial markets require rigorous cooperation between judicial authorities in order to protect commercial relations, the legal framework being essentially defined by Regulation (EU) No. 848/2015 on insolvency proceedings. This European […]

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