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Category: Articles

applicable gambling industry

Articles, Banking and Capital Markets, Gambling and Gaming Law, Tax Law

Package 2 of Fiscal Measures and the Gambling Legislation Changes Entered into Force on August 1, 2025 in Romania

New Rules for ONJN and Gambling Operators in Romania: Integrity, Additional Obligations and Stricter Control The Romanian government adopted, through Law no. 141/2025, a comprehensive set of fiscal and regulatory amendments applicable to the gambling industry in Romania and online gambling in Romania. Package 2 of Fiscal Measures introduces important changes for gambling operators, strengthening […]

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By : Dec 9, 2025 Comments Off

Company Is Declared Inactive

Articles, Banking and Capital Markets, Corporate Commercial and M&A, Tax Law

Fiscal Package 2: ANAF Declares Companies Inactive in Romania – Consequences and Statistics

What Entrepreneurs Lose When Their Company Is Declared Inactive in Romania by ANAF: New Obligations and Major Risks in 2025 The adoption of Fiscal Package 2 brings major changes for entrepreneurs in Romania, who must pay careful attention to all aspects related to start a business in Romania, set up a company, or start a […]

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By : Dec 9, 2025 Comments Off

company decapitalization in Romania

Articles, Banking and Capital Markets, Corporate Commercial and M&A, Tax Law

Fiscal package 2: Extended liability for company administrators in Romania

The new liability limits for directors and shareholders in Romania – What risks arise in 2025 Fiscal Package 2 aims to reduce the phenomenon of company decapitalization in Romania and to further hold administrators accountable. Stricter liability is introduced for situations in which the company grants loans or distributes interim dividends without proper regularization. In […]

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By : Dec 9, 2025 Comments Off

extension of the tax record

Articles, Banking and Capital Markets, Corporate Commercial and M&A, Tax Law

Package 2 Fiscal Measures in Romania: Extended Tax Record for Romanian companies and their administrators

Newly established companies in Romania and existing companies in Romania: New rules for tax record registration and administrator liability One of the major changes introduced by Fiscal Package 2 is the extension of the tax record for legal entities and natural persons. According to Government Ordinance no. 39/2015, this fiscal record now includes several categories […]

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By : Dec 9, 2025 Comments Off

transfer of share capital

Articles, Banking and Capital Markets, Corporate Commercial and M&A, Tax Law

Package 2 Fiscal Measures in Romania: Restrictions on Share Transfer for Romania Companies with Debts

Liability of Administrators in Romania and Limitations on Share Transfer in Romania Companies with Fiscal Obligations Currently, the transfer of share capital held by a shareholder controlling a Romanian company (SRL) can be carried out regardless of whether the company has outstanding tax obligations to the state budget. Shareholders may sell or transfer shares without […]

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By : Dec 9, 2025 Comments Off

opening of a bank account

Articles, Banking and Capital Markets, Public Law, Tax Law

Romanian Fiscal Package 2: The Obligation for Romanian Companies to have a Bank Account Becomes Mandatory in Romania

Business Lawyer in Company Formation in Romania: Bank Account Opening and Share Capital Increase – New Rules for Incorporating a company in Romania Romanian legislation introduces the obligation that any company formation in Romania must be accompanied by the opening of a bank account. This measure is part of Fiscal Package 2 and aims to […]

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By : Dec 9, 2025 Comments Off

inactivity for a romanian company

Articles, Banking and Capital Markets, Corporate Commercial and M&A, Tax Law

Fiscal measures package 2: New cases when companies can be declared inactive in Romania

Major risks for companies: Lack of a bank account or failure to increase share capital lead to tax inactivity in Romania Fiscal Measures Package 2 has introduced new situations in which a company can be declared inactivity. According to the Fiscal Procedure Code and the adopted amendments, the lack of an active bank account, failure […]

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By : Dec 9, 2025 Comments Off

tax residence status in Romania

Articles, Banking and Capital Markets, Immigration Law, Tax Law

Legal Opinion: How Foreign Citizens Obtain the Tax Residency Certificate in Romania

Legal Ways of Obtaining the Tax Residency Certificate in Romania Recognition of the tax residence status in Romania is regulated by the Fiscal Code and by international conventions on the avoidance of double taxation. Obtaining a tax residency certificate represents the official proof that a natural or legal person has fiscal residence on the territory […]

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By : Dec 9, 2025 Comments Off

progressive increase of share capital

Corporate Commercial and M&A, Tax Law

Obligation for companies in Romania: share capital increase in 3 stages and the risk of tax inactivity declaration in Romania

Corporate lawyer in Romania: new capitalization rules and tax inactivity conditions under the Second Package of Measures in Romania Recent legislative amendments bring major changes for any active commercial entity and those in the process of establishing an LLC (limited liability company) in Romania. Key modifications include the progressive increase of share capital, the mandatory […]

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By : Dec 9, 2025 Comments Off

increase of share capital

Articles, Corporate Commercial and M&A

Ministry of Finance Redrafts Company Law in Romania: Minimum Share Capital Raised to 8,000 RON and Share Transfers in Romania

Noi reguli pentru inființare SRL: majorarea capitalului, cont bancar obligatoriu și limitări la plățile cash Recent amendments impose a significant transformation of the conditions for any company in Romania. The main changes include the increase of share capital, the mandatory possession of a bank account, as well as strict procedures for opening bank accounts and […]

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By : Dec 9, 2025 Comments Off