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Pavel Margarit & Associates

Juridical Updates 23 February 2024

The Romanian Rules on the authorisation of financial auditors and audit firms in Romania, the authorisation of financial auditors/recognition of audit firms in other member states, withdrawal and recovery of authorisation, from 16.02.2024 The competent authority responsible for the authorisation of financial auditors and audit firms in Romania, the authorisation of financial auditors from another […]

corporate compliance

Compliance lawyer. Monitoring legislative changes in Romania

Corporate compliance lawyer in Romania. How do Multinational companies monitor legislative changes in Romania? In the modern society, multinational companies aim to be informed about the current legislation in Romania, taking into account their object of activity. In practice, multinational companies are interested in getting a review of legal changes in Romania, on issues such […]

corporate governence

Compliance Lawyer in Romania. Corporate Governance

Corporate Governance in Romanian Companies Corporate governance compliance in Romania represents a set of rules, practices, and processes that regulate the management and supervision of a company in Romania. The concept of “corporate governance” aims at balancing the interests of various parties involved in the operation and activities of an organization, such as shareholders, executive […]

labor lawyer in romania

Labor Lawyers in Romania. Non-compete clause in agreement

Labor Lawyers in Romania. Non-compete clause in agreement When it comes to labor law and employment in Romania, the employment contract in Romania is the main instrument that regulates labor law relations, establishing rights and obligations for both the employer and the employee. Before the conclusion of the employment agreement in Romania, the parties establish […]

GDPR

Gdpr lawyer Romania. Excessive monitoring of personal data

Gdpr lawyer in Romania. Excessive monitoring of personal data and sanctions in Romania. Any operation involving the registration, storage, or disclosure of personal data (GDPR in Romania) also involve a manifestation of the free and informed will of the person, whereby they accept, either through a GDPR form in Romania or through unequivocal action, that […]

Juridical Updates 9 February 2024

The Romanian Regulation on the establishment of jobs, categories of staff, concrete increase for working conditions, and, as well as the conditions for granting it to the occupational family of budgetary functions “Defense, public order and national security”, from 31.01.2024 Spores for working conditions are as follows: a) increase for hazardous or harmful conditions; b) […]

GDPR in Romania

GDPR in Romania

Protection of personal data in Romania. The right to be forgotten Personal data in Romania consist of any information that contributes to the individualization of a person and allows its identification. Given the constant evolution of the modern society and technology, it was necessary to implement strict rules on the protection of personal data in […]

branch in Romania

Branch in Romania

How to incorporate a branch in Romania? According to the Romanian Companies Law no. 31/1990, the branch in Romania is an entity without legal personality, being a dismemberment of a company in Romania. It is necessary that before starting the economic activity in Romania, the branch is registered with the Romanian Trade Register of the […]

Juridical Updates 2 February 2024

Romanian Ordinance no. 24/2024 amending and supplementing the Romanian Law no. 152/1998 on the establishment of the Romanian National Housing Agency The rental contracts are concluded for a period of 5 years from the date of distribution of the dwelling and will include clauses regarding the recalculation of the rent for the contract holders who […]

Lease Contract in Romania

Lease Contract in Romania

Lease Contract in Romania According to the Civil Code, lease is the contract by which one party, called the lessor, undertakes to provide the other party, called the lessee, with the use of a property for a certain period in exchange for a price, known as rent. The lease of real estate and of movable […]

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