Corporate lawyer in Romania. New Business Opportunities for 2025
The year 2025 brings significant changes for Romanian companies, specifically regarding the updating the NACE codes in Romania. This modification aims to support entrepreneurs, as the process of applying the new legislative changes has been simplified. The NACE codes in Romania have been updated to align with the evolving business environment. Under the new regulations, all Romanian companies must undertake the necessary steps to change business activity in Romania with the Romanian Trade Register to comply with the NACE Rev. 3 version (classification of economic activities in Romania). The Romanian law firm Pavel, Mărgărit and Associates recommends consulting a corporate lawyer in Romania to assist in updating the object of activity in Romania and addressing any other commercial law matters, including company formation in Romania.
Business lawyer in Romania. Why is it important for Romanian companies to Update the NACE codes in Romania?
Romanian Companies established before 2025 must update their object of activity in Romania with the Romanian Trade Register (ONRC) to remain compliant with current regulations. The purpose of NACE Rev. 3 is to introduce more specific and detailed activity classifications for businesses. If a company needs to register any mentions with the ONRC, updating the NACE codes in Romania is mandatory, requiring the submission of updated articles of incorporation in Romania. The registration process can be complex, which is why a commercial lawyer in Romania or a company lawyer in Romania can provide legal assistance, preparing the necessary documents for adding the NACE codes in Romania, submitting the file to the Romanian Trade Register, and obtaining the registration certificate.
Commercial lawyer in Romania. New opportunities for company formation in Romania
With the enforcement of new legal provisions regarding updating the business activity codes in Romania, new NACE codes in Romania have been introduced, covering more specific business activities. This opens up opportunities for future entrepreneurs to conduct economic activities with business activity codes in Romania that precisely define their intended operations. The new regulations support the business sector by allowing more entrepreneurs to start a business in Romania with a broader range of economic activities. It is advisable for entrepreneurs to seek legal consultancy from a business lawyer in Romania in order to register a company in Romania or update the NACE codes in Romania. A business attorney in Romania can help draft the necessary documents to change business activity in Romania or to start a business in Romania while ensuring compliance with Romanian Company Law provisions.
Business attorney in Romaia. Comparison between the old and the new NACE code for 2025
Comparing NACE Rev. 2 with NACE Rev. 3, which took effect in January 2025, the updated version better reflects current economic realities. More specific NACE codes in Romania have been introduced, particularly in e-commerce and digital services. Some NACE codes in Romania have been detailed, aggregated, or reclassified.
Detailing: Some NACE codes in Romania have been split into multiple new codes to more accurately reflect specific business activities.
Aggregation: Several distinct NACE codes in Romania from the previous classification of economic activities in Romania have been merged into a single new code to eliminate redundancy and streamline classification.
Reclassification: Some NACE codes in Romania have been assigned new numbers while maintaining the same object of activity in Romania, aligning them with a new category in the classification of economic activities in Romania.
The NACE codes in Romania are divided into industries: A – Agriculture, forestry, and fishing, B – Extractive industry, C – Manufacturing industry, D – Production and supply of electricity and heat, gas, hot water, and air conditioning, E – Water distribution; sanitation, waste management, and decontamination activities, F – Construction, G – Wholesale and retail trade, H – Transport and storage, I – Hotels and restaurants, J – Publishing activities; broadcasting of radio and television programs; content production and distribution, K – Telecommunications; IT programming and consultancy; other information services, L – Financial intermediation and insurance, M – Real estate transactions, N – Professional, scientific, and technical activities, O – Administrative services and support activities, P – Public administration and defense; public social security, Q – Education, R – Health and social assistance, S – Performing arts, cultural, sports, and recreational activities, T – Other service activities, U – Activities of private households as employers of domestic staff; private household production of goods and services for own consumption, V – Activities of extraterritorial organizations and bodies.
“By comparing the old and new classification of economic activities in Romania, we can see that the 2025 revision offers a clearer classification, reducing ambiguity and facilitating company formation in Romania. This legislative change encourages investment and helps create a legally well-defined business environment,” stated Dr. Av. Radu Pavel, Managing Partner of Pavel, Mărgărit and Associates.
Company lawyer in Romania. Examples of detailed NACE codes in Romania
An example of a detailed code is NACE 4791 – Retail trade intermediaries in non-specialized stores from NACE Rev. 2. Under the new classification, this code has been split into several more specific NACE codes in Romania based on the type of commerce conducted, including:
| Industry | NACE Rev. 2 | NACE Rev. 3 |
| Commerce | NACE 4791 – Retail trade intermediaries in non-specialized stores | NACE 4711 – Non-specialized retail trade with a predominance of food, beverages, and tobacco NACE 4722 – Retail trade of meat and meat products NACE 4740 – Retail trade of IT and telecom equipment NACE 4751 – Retail trade of textiles NACE 4754 – Retail trade of household appliances NACE 4773 – Retail trade of pharmaceutical products NACE 4775 – Retail trade of cosmetic and perfumery products NACE 4777 – Retail trade of watches and jewelry NACE 4782 – Retail trade of vehicle parts and accessories NACE 4783 – Retail trade of motorcycles and accessories |
Another example of a detailed code is NACE 1086 – Manufacture of homogenized food preparations and dietary foods, which is part of the manufacturing industry. It is further detailed in the following NACE codes in Romania from the new classification:
| Industry | NACE Rev. 2 | NACE Rev. 3 |
| Manufacturing industry | NACE 1086 – Manufacture of homogenized food preparations and dietary foods | NACE 1061 – Manufacture of grain mill products NACE 1062 – Manufacture of starches and starch products NACE 1071 – Manufacture of bread; manufacture of fresh pastry goods and cakes NACE 1072 – Manufacture of rusks and biscuits; manufacture of preserved pastry goods and cakes NACE 1073 – Manufacture of macaroni, noodles, couscous, and similar farinaceous products NACE 1086 – Manufacture of homogenized food preparations and dietary foods |
Another example of a detailed code is NACE 6190 – Other telecommunications activities, which is part of the telecommunications industry, programming and IT consultancy activities, and other information services. It is further detailed in the following NACE codes under NACE Rev. 3 classification:
| Industry | NACE Rev. 2 | NACE Rev. 3 |
| Telecommunications industry, programming and IT consultancy activities, and other information services | NACE 6190 – Other telecommunications activities | NACE 6110 – Wired, wireless, and satellite telecommunications activities NACE 6120 – Resale of telecommunications services and telecommunications brokerage services NACE 6190 – Other telecommunications activities |
Business attorney in Romania. Examples of aggregated NACE codes in Romania
Some NACE codes in Romania have been merged to simplify classification and reduce bureaucracy. For instance, in the IT sector, NACE Rev. 2 codes 6202 (IT consultancy activities) and 6203 (Management and operation of computer resources) have been combined into CAEN 6220 – IT consultancy and computer resource management activities in NACE Rev. 3.
| Industry | NACE Rev. 2 | NACE Rev. 3 |
| Telecommunications industry, programming and IT consultancy activities, and other information services | NACE 6202 – IT consultancy activities NACE 6203 – Management and operation of computer resources | NACE 6220 – IT consultancy and computer resource management activities |
In the commerce industry, NACE codes in Romania such as NACE 4741 – Retail sale of computers, peripheral units, and software in specialized stores, NACE 4742 – Retail sale of telecommunications equipment in specialized stores, and NACE 4743 – Retail sale of audio and video equipment in specialized stores, which belong to the NACE Rev. 2 classification, have been aggregated. As a result, NACE 4740 – Retail sale of information and telecommunications equipment has been established.
| Industrie | NACE Rev. 2 | NACE Rev. 3 |
| Commerce | NACE 4741 – Retail sale of computers, peripheral units, and software in specialized stores NACE 4742 – Retail sale of telecommunications equipment in specialized stores NACE 4743 – Retail sale of audio and video equipment in specialized stores | NACE 4740 – Retail sale of information and telecommunications equipment |
Corporate lawyer in Romania. Examples of reclassified NACE codes in Romania
Among the NACE codes in Romania that have undergone recoding, we mention NACE 4110 – Real estate development (promotion), which has been recoded as NACE 6812 – Real estate development (promotion), now part of the real estate transactions industry:
| Industry | NACE Rev. 2 | NACE Rev. 3 |
| Real estate transactions | NACE 4110 – Real estate development (promotion) | NACE 6812 – Real estate development (promotion) |
In the hotel and restaurant industry, CAEN code 5629 – Other food services n.e.c. has been changed to CAEN 5622 – Other food services n.e.c.:
| Industry | NACE Rev. 2 | NACE Rev. 3 |
| Hotel and restaurants | NACE 5629 – Other food services n.e.c. | NACE 5622 – Other food services n.e.c. |
The Romanian law firm Pavel, Mărgărit and Associates provides specialized services for updating the scope of activity and establishing a Romanian company with the support of a commercial lawyer in Romania who can assist you throughout the entire process. To benefit from our support to change business activity in Romania and to register a company in Romania, you can contact us by accessing the contact form available at https://avocatpavel.ro/contact/.
Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs.
Considering the aspects mentioned above, the new regulations regarding NACE code updates bring essential adaptations to the ever-evolving business world and offer a more business-friendly legal framework, while also creating significant opportunities for company formation in Romania. The introduction of new business activity codes in Romania makes the investment environment more attractive, encouraging future entrepreneurs to take the necessary steps to start a business in Romania in high-growth potential sectors. For these reasons, the Romanian law firm Pavel, Mărgărit and Associates recommends consulting a business attorney in Romania who can provide legal advice in the process of updating the object of activity in Romania according to NACE Rev. 3 by identifying the appropriate NACE codes in Romania, preparing the necessary documentsto change business activity in Romania, or to register a company in Romania with the Romanian Trade Register.
Pavel, Margarit and Associates Law Firm is one of the top law firms in Romania, providing high-quality legal services. The firm’s clients include multinational and domestic companies of great magnitude. In 2024, the law firm’s success stories brought it international recognition from the most prestigious international guides and publications in the field. As a result, Pavel, Margarit and Associates Law Firm ranked 3rd in Romania in the Legal 500’s ranking of business law firms with the most relevant expertise. The law firm is internationally recognized by the IFLR 1000 Financial and Corporate 2024 guide. Additionally, Pavel, Margarit and Associates Law Firm is the only law firm in Romania recommended by the international director of Global Law Experts in London in the Dispute Resolution practice area. All relevant information about Pavel, Margarit and Associates Law Firm can be found on the website www.avocatpavel.com.