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Insurance and / or reinsurance broker
Articles, Corporate Commercial and M&A

How can you incorporate an insurance and / or reinsurance broker in Romania?

Considering that the incorporation of a company in Romania that carries out its activity as insurance and / or reinsurance broker in Romania shall meet additional conditions regarding the registration and authorization in Romania, therefore we consider useful their brief presentation in this article. Pavel, Margarit and Associates Romanian Law Firm recommends using the services […]

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By : Apr 29, 2022 Comments Off on How can you incorporate an insurance and / or reinsurance broker in Romania?
Multi Level Marketing business in Romania?
Articles, Corporate Commercial and M&A

What you should know when you own a Romanian Multi Level Marketing business in Romania?

Although we would say that selling through multilevel marketing networks is a relatively new business on the Romanian market, find out that this form of commerce is defined by Law no. 650/2002 for the approval of the Romanian Government Ordinance no. 99/2000 on the marketing of marketed products and services as a form of direct […]

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By : Apr 15, 2022 Comments Off on What you should know when you own a Romanian Multi Level Marketing business in Romania?
enforcement or foreclosure
Articles, Corporate Commercial and M&A, Dispute Resolution

How to appeal an enforcement or foreclosure in Romania?

Any person who faces an illegally initiated enforcement or foreclosure in Romania can challenge it by filing an enforcement appeal within the time limit provided by Romanian law. The Romanian Law Firm Pavel, Margarit and Associates recommends hiring a lawyer specialized in commercial and enforcement law and litigation who will be able to analyze whether […]

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By : Mar 26, 2022 Comments Off on How to appeal an enforcement or foreclosure in Romania?
consultancy services in the in metallurgical products
Articles, Corporate Commercial and M&A, News

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 […]

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By : Mar 21, 2022 Comments Off on Pavel, Margarit and Associates Romanian Law Firm assisted major investors from Italy in metallurgical and manufacturing industry on the entrance in the Romanian market.
consultancy IT service
Articles, Corporate Commercial and M&A

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 […]

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By : Mar 21, 2022 Comments Off on What should you consider when concluding a consultancy and IT service agreement in Romania?
IT and software development activity in Romania
Articles, Corporate Commercial and M&A

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 […]

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By : Feb 26, 2022 Comments Off on How can you carry out an IT and software development activity in Romania?
Articles, Corporate Commercial and M&A

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 […]

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By : Feb 16, 2022 Comments Off on Selective aspects regarding cryptocurrency, blockchain technology and smart contracts
Articles, Corporate Commercial and M&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 […]

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By : Jul 29, 2021 Comments Off on What you need to know regarding Real Beneficiary Statement for Companies in Romania
Incorporating a Company in Romania
Corporate Commercial and M&A

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 […]

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By : May 14, 2021 Comments Off on Incorporating a company in Romania – simpler rules for the share capital
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