Change of NACE codes in Romania
Business lawyer in Romania. What means NACE codes in Romania?
NACE codes in Romania representing a number corresponding to an economic activity and it is an abbreviation for the Classification of Activities in the National Economy. Any newly established company or authorized person has the obligation to establish primary NACE codes in Romania, which will be mentioned in the articles of association in Romania, this being submitted to the Trade Register in Romania. In the case of authorized persons, the establishment of NACE codes in Romania is based on the professional training of the person and the primary code is accompanied by another NACE codes in Romania related to secondary economic activities. However, this rule does not apply to a limited liability company LLC, which can choose an unlimited number of NACE codes in Romania.
A very important aspect is the process of mention registration certificate in Romania, which must be carried out for each change that occurs regarding a company, respectively with the changes made to the articles of association in Romania.
Therefore, each time there is a change of the NACE codes in Romania, namely in the economic activity carried out by the company, a new registration of mentions at Trade Register is required for submission of the updated articles of association in Romania. A business lawyer in Romania or a commercial law lawyer in Romania can provide you with all the necessary information regarding mention registration certificate in Romania or change of NACE codes in Romania, as well as representation at the Romanian National Trade Register Office to streamline the procedure of registration in the Trade Register in Romania.
Corporate lawyer in Romania. When can the procedure for changing NACE codes in Romania be carried out?
The procedure of change of NACE codes in Romania intervenes primarily when there is a desire to change the main activity of a company. According to the provisions of the Romanian Companies Law no. 31/1990, this can only be carried out based on a decision of the general meeting of shareholders.
Additionally, the sole associate/associates who are part of a company can follow the procedure of change of NACE codes in Romania to supplement their object of activity in Romania with a new NACE code, if they wish to provide other services or have meanwhile acquired other professional qualifications, as is the case with authorized natural persons.
Consulting a commercial law lawyer in Romania or a business lawyer in Romania is an advisable option when a company decides to change a NACE code in Romania.
Trade Register Lawyer. Documents to be submitted to the Trade Register for changing NACE codes in Romania.
To obtain a mention registration certificate in Romania from the Trade Register, which certifies that the formalities have been fulfilled by the company, the company’s representative is required to submit several essential documents so that the change is enforceable against third parties.
The Law no. 31/1990 on companies provides that in order to change a NACE code in Romania, as well as to carry out other operations involving mention registration certificate in Romania, the following are necessary: the application for mention registration certificate in Romania, an addendum to the articles of association in Romania or another document showing the change, such as the resolution of the general meeting of shareholders or the decision of the sole shareholder or the Board of Directors. Additionally, these must be accompanied by a declaration regarding the authorization of operation for the new activity and the original company registration certificate.
Once all these documents are submitted, the Trade Register in Romania will proceed with the verification and preparation of the new documents, a process that may take a few days. If all steps are completed, the Trade Register in Romania issues a mention registration certificate in Romania for each company, representing official confirmation that new mentions have been made.
The procedure for registration in the Trade Register in Romania can also be carried out on behalf and in the interest of a company by a corporate lawyer in Romania or a business lawyer in Romania, as the extensive experience in such procedures of a lawyer for mention registration certificate in Romania contributes to streamlining the process.
The Romanian Law Firm Pavel, Margarit and Associates provides legal advice and legal assistance services in corporate law, especially regarding assistance in order to change of NACE codes in Romania. A corporate lawyer in Romania can support you in the procedure of change of NACE codes in Romania, having great experience in commercial law. In order to benefit from our professional support and for Trade Register lawyer advice, we invite you to fill in the contact form available on our website https://avocatpavel.com/contact/.
Don’t navigate these challenges alone. Contact Us today for expert assistance tailored to your needs.
Corporate lawyer in Romania. Where is the application for changing NACE codes in Romania submitted?
The Trade Register in Romania offers alternative methods to the traditional submission of documents at the trade register office attached to the tribunal in the territorial area where the company’s headquarters is established, namely, submitting the documents by mail or online through the Trade Register‘s service portal. If the company opts for completing and submitting the documents through the portal, it is important to mention that these must be signed using an electronic signature.
Thus, the change of NACE codes in Romania can occur at any time during the existence of a company or authorized person, and the procedure should not be difficult as long as all the provisions of the Law no. 31/1990 on companies are respected. However, the legal assistance and representation offered by a lawyer for changing the object of activity in Romania or a corporate lawyer in Romania ensures that all documents are updated and submitted within the specific deadlines.
The Romanian Law Firm Pavel, Mărgărit and Associates offers legal services at the highest professional standards to ensure the speed and efficiency of the registration in the Trade Register in Romania, as well as other operations within the scope of commercial law. Our team, through a commercial law lawyer in Romania or a Trade Register lawyer in Romania, can provide all the necessary assistance and representation services from the moment you decide to establish a company.
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