Banking and Capital Markets Archives - Pavel, Margarit and Associates

How can a Ukrainian or Foreign citizen be tax registered in Romania?

Tax registration in Romania is an essential requirement for individuals who owe taxes in Romania, whether it is a Romanian or foreign citizen with operations in Romania. According to the Tax Procedure Code, the tax registration in Romania is based on a tax registration number (TRN) in Romania, representing a numerical code that attests that […]

By : Feb 24, 2023 Comments Off

Banking and Capital Markets, News

Pavel, Margarit and Associates Romanian Law firm provided legal assistance to a UK company that offers consultancy services in Romania in regards to the risks to which the company may be exposed in the context of the significant changes brought to the Romanian Fiscal Code starting with 1st January 2023

Pavel, Margarit and Associates Romanian Law Firm provided legal assistance to a UK company that provides consultancy services in Romania, consisting in the elaboration of a legal opinion on the amendments brought to the Romanian Fiscal Code since 1st January 2023 and the risks to which the client may be exposed, both from a legal […]

By : Jan 6, 2023 Comments Off

Banking and Capital Markets

How can you avoid registration in the Central Credit Register in order to access new loans?

The procedure for deregistration of data from the central credit register is a novelty from the perspective that it may be forbidden to register in the Central Credit Register or in other negative databases of the debtor. A lawyer specializing in banking, finance and capital markets law is empowered to send a notice to the […]

By : Jun 22, 2021 Comments Off

Articles, Banking and Capital Markets, Corporate Commercial and M&A, News

Pavel, Margarit & Associates Romanian Law Firm is one of the best law firms in Romania, according to the IFLR1000 rankings for 2020

Pavel, Margarit & Associates Romanian Law Firm was ranked among the best law firms in the country, in the rankings made by the prestigious IFLR1000 (International Financial Law Review), one of the most prestigious law firms guide around the world that ranks law firms with a lot of expertise in Financial and Corporate area. This […]

By : Dec 4, 2019 Comments Off

Articles, Banking and Capital Markets

ANAF charges more and more company managers for the losses that society generates. Over 6,000 people received notifications from ANAF in 2016 (exclusive statistics)

The Romanian National Agency for Tax Administration has issued thousands of notifications against the persons considered responsible for the insolvency/insolvability of certain companies. These persons are managers, administrators of those companies and other categories who have had various business relationships with the debtor. Some of these actions can be challenged in Court, with high chances […]

By : Dec 18, 2018 No Comment

Articles, Banking and Capital Markets

New Customs Code of the European Union

The Customs Code establishes the general rules and procedures applicable to goods brought into or out on the customs territory of the Union and is applied uniformly throughout the Union. Starting in June 2016 will enter into force the provisions regarding the use of electronic data processing techniques for all exchanges of information (statements, requests, […]