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Category: Corporate Commercial and M&A

consultancy services in the in metallurgical products

Pavel, Margarit and Associates Romanian Law Firm assisted major investors from Italy in metallurgical and manufacturing industry on the entrance in the Romanian market.

Pavel, Margarit and Associates Romanian Law Firm provided legal assistance services to the representatives of a prestigious Italian company in a project regarding the incorporation of a company in Romania whose main activity is the retail sale of hardware, paints and glass an object, including a large business area in Romania in terms of the […]

consultancy IT service

What should you consider when concluding a consultancy and IT service agreement in Romania?

In the current context of significant development of the information technology (IT) in Romania, it can be noticed an increase of the number of specific consultancy and service agreements that have been concluded between professionals operating in this area, such as software development and maintenance agreements, service agreements in the IT area, IT outsourcing agreements […]

IT and software development activity in Romania

How can you carry out an IT and software development activity in Romania?

Executive Summary: The IT industry in Romania has experienced an impressive development, especially in recent years, with more and more professionals working in this field. Anyone who wants to work in this field can be hired by an IT company, can conclude a collaboration agreement, or even start an IT business in Romania. The first […]

Selective aspects regarding cryptocurrency, blockchain technology and smart contracts

Executive summary: Given the fact that the number of virtual currency transactions, as well as digital wallet holders in Romania is constantly growing, we believe that a presentation of the topics related to virtual currency transactions, the blockchain technology and the conclusion of smart contracts would be helpful. Pavel, Margarit and Associates recommend contacting a […]

What you need to know regarding Real Beneficiary Statement for Companies in Romania

Starting with April 30, 2021, the obligation to submit the Real Beneficiary Statement for the limited liability companies in Romania was reintroduced, and the term was extended until October 1, 2021. Even though Law 108/2020 provided that certain types of entities were exempted from submitting the Real Beneficiary Statement in Romania, it is good to […]

Incorporating a Company in Romania

Incorporating a company in Romania – simpler rules for the share capital

Incorporating a limited liability company in Romania has become simpler. In Romania there isnt a minimum share capital requested when incorporating a limited liability company and for the payment of the share capital of a limited liability company. The law firm Pavel, Margarit & Associates Romanian Law Firm, found out after a verification in Trade […]

Doing Business: Advantages of Incorporating a Company in Romania

With taxes ranging from 1% to 16%, a differentiated VAT depending on the type and field of activity, an accessible incorporation process of a company in Romania, as well as the possibility to access qualified labor force, among others, foreign investors have put Romania on the map of business hubs in Europe. In this context, […]

The New Amendments to the Companies Law in Romania

On July 2, 2020, Law no. 102/2020 for the amendment and supplementation of Companies Law no.31/1990 was promulgated, bringing a series of legislative simplifications regarding the activity of Romanian companies, and it entered into force starting on July 5, 2020. If, up until now, according to Law 31/1990, the process of establishing the registered office […]

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 […]

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