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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 […]

BNR authorization

BNR authorization of an online payment processor in Romania

Companies mediating online payments must obtain BNR authorization Legal entities involved in online payment processing or online payment processors must obtain authorization from the National Bank of Romania or BNR, according to the new amendments to BNR Regulation No. 4/2019 concerning payment institutions and specialized providers of account information services. This measure is part of […]

Real estate disputes in Romania

Real Estate lawyers in Romania. Real Estate Disputes

Property boundary disputes, conflicts with real estate developers and price recovery from sale and purchase agreements Real estate disputes in Romania are becoming increasingly common as the real estate market in Romania continues to develop rapidly. Among the most common types of conflicts are property boundary disputes in Romania, conflicts with real estate developers in […]

tort liability in Romania

Action for tort liability in Romania

Action for tort liability in Romania To ensure that fundamental rights are respected, the Romanian legislator has regulated the concept of civil liability in Romania in the Romanian Civil Code, so that when a person suffers damage as a result of a wrongful act in Romania, it can be remedied. The Romanian Civil Code distinguishes […]

contracts in Romania

Contracts lawyer in Romania. The usufruct agreement

Legal aspects of the usufruct agreement in Romanian civil law The usufruct agreement in Romania grants a person (usufructuary in Romania) the right to use and benefit from the fruits of a property belonging to another person (bare owner in Romania), without having the right to dispose of it. It is a frequently used solution […]

marketing service agreement in Romania

Marketing service agreement in Romania

What to pay attention to when concluding a marketing service agreement in Romania? In contemporary society, marketing service agreements in Romania are commonly used among companies and entrepreneurs who want to promote their activities or services. A marketing service agreement in Romania is the instrument that governs the relationships between the parties, specifically between the […]

loan contract in Romania

Contract lawyer in Romania. Loan agreement in Romania

Romanian legislation provides for several types of loan contracts in Romania, which are used in practice according to the interests of the parties. Among the types of loan contracts in Romania, we mention the usage loan, consumer loan in Romania, and interest-free loan in Romania. This article analyzes the concept of the consumer loan in […]

contract termination in Romania

Civil lawyer in Romania. Methods of contract termination in Romania

Litigation lawyer in Romania. Methods of sale contract termination in Romania In the Romanian civil law, the sale contract in Romania represents the most frequently encountered legal relationship in Romania, being regulated by complex legal provisions. The sale contract in Romania is governed by the freedom of contract principle in Romania, with the parties being […]

movable mortgage in Romania

Mortgage lawyer in Romania. The movable mortgage agreement

Establishing a movable mortgage right to secure the fulfillment of contractual obligations A movable mortgage in Romania is established through the conclusion of a mortgage agreement in Romania and takes effect from the date the secured obligation arises, at which point the mortgagor acquires rights over the mortgaged movable assets in Romania. A movable mortgage […]

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 […]