Corporate Commercial and M&A Archives - Page 16 of 19

ANCOM press release about the extension of the telephone, Internet and television Agreements

The Agreements for telephone, Internet and television services are extended, usually, either with automatically, for successive periods equal to the initial length of the agreement or for an indefinite period, without the need for a different proceeding from users or providers. Operators can offer the users additional benefits along with the extension (ie. cuts on […]

By : Jun 13, 2017 No Comment

Draft order regarding the procedure of registration for VAT

According to the Project, the procedure is applicable for issuing the Decision on registration for VAT of taxable persons which have the headquarter of the economic activity in Romania and performs or intends to carry out an economic activity involving taxable transactions exempted from VAT with right of deduction and / or operations resulting from […]

By : Jun 13, 2017 No Comment

Articles, Corporate Commercial and M&A

Timisoara Court of Appeal decision on the refusal of the administrator to convening the General Meetings of the Shareholders at the request of a shareholder

According to the facts of the case brought before the Court, as provided in the Articles of Association of the company defendant, the director convenes the general meeting of shareholders at least once a year or whenever necessary. Through the same Articles of Association was not performed an embodiment of convening the General Meeting of […]

By : Jun 13, 2017 No Comment

Articles, Corporate Commercial and M&A

CJEU. Commercial lease agreements. Right of the anchor tenant to prevent the lessor letting commercial premises to third parties

The request for a preliminary ruling has been made in proceedings between SIA ˜Maxima Latvija (˜Maxima Latvija) and the Konkurences padome (Competition Council) concerning a fine imposed by it on Maxima Latvija for having concluded a series of commercial lease agreements with shopping centres; those agreements containing a clause having an anti-competitive object. By its […]

By : Jun 13, 2017 No Comment

Articles, Corporate Commercial and M&A

Stock company. The expiration of the Directors mandate

“Pursuant to art. 72 of Law no. 31/1990, the obligations and responsibility of the directors shall be governed by the provisions regarding the mandate and the special ones stipulated in this Law, of art. 1554 – Art. 1555 Civil code showing that the termination of the mandate of the previous directors can not intervene except […]

By : Jun 13, 2017 No Comment

Articles, Corporate Commercial and M&A

ICCJ. Exclusion of a shareholder. Company dissolution

“If by a counterclaim is requested the exclusion from the company of the shareholder director for serious disagreements between the shareholders, and the court finds the perpetration of this illegal acts in connection with the idea of ‹‹guilt, the companys sanction that emerges is the one provided for by art. 222 paragraph (1) d) of […]

By : Jun 13, 2017 No Comment

Articles, Corporate Commercial and M&A

From 1st of January 2016 the tax for certain micro enterprises will drop to 1%

So, the general quota of tax revenue for Micro enterprises will continue to be 3%, but, by exception: for Romanian legal entities new – incorporated having at least one employee, are incorporated for more than 48 months, their shareholders have not owned shareholdings in other legal entities will benefit from a tax rate of 1% […]

By : Jun 13, 2017 No Comment

Articles, Corporate Commercial and M&A

High Court. Annulment of Shareholders Resolution for conversion of shares. Effects

In the present case subject to the Decision, given that through the claim the plaintiff requested solely the absolute nullity for (i) lack of legal object, (ii) noncompliance with art. 98 of Law no. 31/1990 and (iii) noncompliance with Articles of Association with respect to obtaining the shareholders consent for the transfer of shares, the […]

By : Jun 11, 2017 No Comment

Articles, Corporate Commercial and M&A

There were established two new types of legal entities, non-existent so far in Romania

The social economy contributes to the development of local communities, creating jobs, involvement of persons belonging to vulnerable groups stipulated by this law, in social activities and / or economic activities, facilitating their access to community resources and services. By this law there were established two new types of legal entities, respectively social enterprises and […]

By : Jun 11, 2017 No Comment

Articles, Corporate Commercial and M&A

Amendment to the provisions on the criteria for conditioning the registration for VAT purposes

According to the said Order, if the legal representative of the taxable person presents to the tax authorities, but does not provide accurate and complete data on the information required and does not clarify the intent and ability of the taxpayer to carry out economic activities involving operations from the scope of VAT, the compartment […]

By : Jun 11, 2017 No Comment

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Category: Corporate Commercial and M&A

ANCOM press release about the extension of the telephone, Internet and television Agreements

Draft order regarding the procedure of registration for VAT

Timisoara Court of Appeal decision on the refusal of the administrator to convening the General Meetings of the Shareholders at the request of a shareholder

CJEU. Commercial lease agreements. Right of the anchor tenant to prevent the lessor letting commercial premises to third parties

Stock company. The expiration of the Directors mandate

ICCJ. Exclusion of a shareholder. Company dissolution

From 1st of January 2016 the tax for certain micro enterprises will drop to 1%

High Court. Annulment of Shareholders Resolution for conversion of shares. Effects

Amendment to the provisions on the criteria for conditioning the registration for VAT purposes

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