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Category: Corporate Commercial and M&A

updating the NACE codes in Romania

Business lawyer in Romania. Comparison Between the Old NACE Code and the New Mandatory NACE Code for 2025

Corporate lawyer in Romania. New Business Opportunities for 2025 The year 2025 brings significant changes for Romanian companies, specifically regarding the updating the NACE codes in Romania. This modification aims to support entrepreneurs, as the process of applying the new legislative changes has been simplified. The NACE codes in Romania have been updated to align […]

dissolution and liquidation in Romania

Commercial Lawyer: The impact of the “Train Ordinance” on the business environment in Romania

Corporate Lawyer: How the “Train Ordinance” affects companies and entrepreneurs in Romania Ordinance No. 156/2024, published in the Official Gazette No. 1334 on December 31, 2024, brings essential changes to the business environment in Romania. These changes affect both existing companies and entrepreneurs planning to start a business in Romania, register as a company in […]

Updating nace codes

Major changes for business activity codes in Romania

Updating nace codes becomes mandatory in Romania in 2025 The current NACE codes in Romania (classification of economic activities in Romania) nomenclature came into effect on January 1, 2025. This change requires economic entities to complete and submit a request for updating NACE codes in Romania (classification of economic activities in Romania), using the forms […]

open a limited company in Romania

How can a corporate lawyer in Romania help you in the context of the new legislative amendments in the Romanian Company Law?

What kind of legal services can offer a business attorney for LLC in Romania? The business world has evolved significantly over time, with substantial year-over-year growth among entrepreneurs establishing companies. In order to open a limited company in Romania or to amend articles of association in Romania, certain administrative and legal formalities must be completed […]

nace codes in Romania

Important for Businesses – The NACE classification changes starting January 2025

Mandatory updates for those who own or wish to start a business in Romania in 2025 In the context of economic changes and alignment with European standards, the Government of Romania has adopted a resolution facilitating the update of NACE codes in Romania (classification of economic activities in Romania) by introducing the revised version, NACE […]

shareholder agreement in Romania

Leading M&A lawyer in Romania and shareholder dispute lawyer in Romania

The essential role of shareholder agreements in Romania’s business landscape Both at the beginning of setting up a company in Romania and during the ongoing operations of an established business in Romania, drafting a shareholder agreement in Romania is essential. The shareholder agreement in Romania establishes the fundamental rules among shareholders and concretely regulates each […]

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 […]

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