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Category: Corporate Commercial and M&A

franchise agreement in Romania

Franchise agreement in Romania

Franchise agreement in Romania A Romanian company has several ways to expand its business, the most well-known being the signing of a franchise agreement in Romania. Business expansion through the establishment of franchises is regulated by Ordinance no. 52/1997 regarding the legal regime of franchises, which sets the legal framework for their operation. This article […]

spin-off of a Romanian company

Spin-off of a Romanian company

Total spin-off and partial spin-off in Romania A Romanian company can undergo various changes in the course of its business activities. This article analyzes the procedure for company spin-off in Romania, the types of company spin-offs in Romania, and the conditions for the procedure of spin-off in Romania, as provided by the provisions of the […]

management contract in Romania

Management contract in a Romanian company

What are the duties of an administrator in Romania? In a Romanian company, its activities are governed by the Romanian company law, specifically Law 31/1990, and are individualized in the articles of association. The articles of association is the primary instrument that establishes aspects related to the management of a Romanian company, its operation, the […]

Procedure for registration of ubo’s

Everything you need to know about ultimate beneficial owners of a company in Romania In the current regulatory concerning anti-money laundering (AML) in Romania and counter-terrorist financing (CTF) measures, transparency in the ownership structure of companies is paramount. In Romania, Law No. 129/2019 mandates the declaration and registration of the beneficial ownership of companies under […]

types of contracts

What types of contracts does a company in Romania conclude?

What types of contracts does a company in Romania conclude? Depending on its activity, a company in Romania enters into various types of contracts, these being the instruments that guarantee the existence of a legal commercial relationship. It is important that in a commercial relationship, the parties are aware of their rights and obligations, as […]

partnership agreement

The partnership agreement in Romania

Partnership agreement for avoiding disputes between shareholders in Romania A partnership agreement in Romania is an essential tool in the operation of a company in Romania, as this document establishes the basic rules between shareholders, regulating each party’s rights and obligations and preventing conflicts that may arise among shareholders. Pavel Mărgărit and Associates Romanian Law […]

administrator liability in Romania

Responsabilities of an administrator in Romania

Engaging administrator sole liability for tax obligations In a company in Romania, administrators perform key duties to ensure that the economic activity in Romania of the company in Romania operates efficiently and legally, bearing significant responsibility for managing the company in Romania. According to the provisions of the Companies Law No. 31/1990, administrators are liable […]

business building

Corporate lawyer. Transfer of shares in an LLC in Romania

Commercial lawyer in Romania. The transfer of shares in the event of the death of a shareholder in Romania Any company, once established, undergoes various changes within its structure, including those related to shares in Romania. There are multiple situations in which the transfer of shares in Romania is realized. In practice, the issue of […]

E-Transport system in Romania

Corporate Lawyer in Romania. E-Transport System in Romania

E-Transport lawyer in Romania. Legal updates regarding E-Transport System in Romania The E-Transport system in Romania has recently undergone a series of legislative changes aimed at improving efficiency and transparency in the transport sector. These changes reflect the continuous efforts of authorities to adapt the legal framework to the current market needs and to promote […]

public procurement

Public procurement lawyer. Public procurement – Stages

Public procurement lawyer in Romania. Stages of the public procurement procedure in Romania The notion of public procurement in Romania encompasses the acquisition of works, goods, or services through public procurement contracts in Romania by contracting authorities in Romania from designated economic operators, regardless of whether the works, goods, or services are intended for public […]

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