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Digital Nomad
Articles, Employment and Labour Law

The legal status of digital nomads in Romania

On January 17, 2022, Romanian Law no. 22/2022 entered into force for amending and supplementing the Emergency Ordinance no. 194/2002 regarding the status of foreigners in Romania, a regulation that outlines the legal status of the concept of digital nomads in Romania. This regulation represents a considerable legal novelty given the changes of work conditions […]

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By : Mar 7, 2022 Comments Off on The legal status of digital nomads in Romania
assisted a real estate and construction
Articles, News

Pavel, Margarit & Associates Romanian Law Firm assisted a real estate and construction company in Romania.

Pavel, Margarit & Associates Romanian Law Firm has successfully assisted a real estate and construction company in Romania, obtaining a building permit in order to carry out construction work on a real estate located in, Ilfov County.

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By : Feb 26, 2022 Comments Off on Pavel, Margarit & Associates Romanian Law Firm assisted a real estate and construction company 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
specialized lawyer in commercial law
Articles, News

Pavel, Margarit and Associates Law Firm represented a leading company in the field of manufacturing and development of high performance optical devices upon entering the Romanian market

Pavel, Margarit and Associates Romanian Law Firm has advised a leading Bulgarian company in the manufacture and development of high performance optical devices for night vision and thermal imaging, regarding the circumstances and conditions of delivery and sale of the mentioned products in Romania. Executive summary: Pavel, Margarit and Associates Romanian Law Firm advised a […]

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By : Feb 16, 2022 Comments Off on Pavel, Margarit and Associates Law Firm represented a leading company in the field of manufacturing and development of high performance optical devices upon entering the Romanian market
Employment Agreement/Contract vs. Collaboration Agreement
Articles, Employment and Labour Law

Employment Agreement /Contract versus Collaboration Agreement /Contract in Romania

Whenever you need a service to be provided as an independent activity, you can choose to conclude a collaboration contract/agreement despite of an individual employment agreement/contract in Romania, regarding the tax differences between those two. The law firm Pavel, Margarit and Associates recommends using a lawyer specialized in labor and tax law who can draft […]

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By : Jan 21, 2022 Comments Off on Employment Agreement /Contract versus Collaboration Agreement /Contract in Romania
conditions for engaging joint liability of the administrator
Articles, Insolvency, Restructuring and Bankruptcy

What are the conditions for engaging joint liability of the administrator/ director/ management bodies of a Romanian company?

Excutive summary: One of the problems that the administrators/directors or the management bodies of a Romanian company may face is engaging joint liability for the outstanding payment obligations of the debtor company declared insolvent by tax inspection bodies which are part of National Authority of Fiscal Administration (ANAF). The law firm Pavel, Margarit and Associates […]

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By : Jan 11, 2022 Comments Off on What are the conditions for engaging joint liability of the administrator/ director/ management bodies of a Romanian company?
terminate a contract/agreement if our client enters in the insolvency procedure
Articles, Insolvency, Restructuring and Bankruptcy

Can we terminate a contract/agreement if our client enters in the insolvency procedure in Romania?

Executive summary: The termination of the ongoing contract/agreement at the date of the opening of the insolvency proceedings shall be of interest to each contracting party, whether creditor or debtor, professional bodies or not. Thus, according to the insolvency law, all ongoing contracts/agreements at the date of opening the insolvency proceedings are considered maintained, and […]

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By : Jan 11, 2022 Comments Off on Can we terminate a contract/agreement if our client enters in the insolvency procedure in Romania?
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
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