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Updating nace codes
Articles, Corporate Commercial and M&A

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 […]

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By : Jan 16, 2025 Comments Off on Major changes for business activity codes in Romania
nace codes in Romania
Articles, Corporate Commercial and M&A

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 […]

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By : Dec 4, 2024 Comments Off on Important for Businesses – The NACE classification changes starting January 2025
franchise agreement in Romania
Articles, Corporate Commercial and M&A

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 […]

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By : Oct 23, 2024 Comments Off on Franchise agreement in Romania
trade register mentions
Articles, Corporate Commercial and M&A

Trade register mentions in Romania

Corporate lawyer in Romania. Registration of trade register mentions in Romania In 2024, there are numerous advantages to establish a company in Romania, and more and more entrepreneurs are choosing to start a business. Once the company is established, various aspects may arise that will determine changes in the articles of association in Romania, such […]

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By : Apr 24, 2024 Comments Off on Trade register mentions in Romania
Articles

What you need to know before starting a family business in Romania

Launching a family business in Romania can be an exciting adventure, combining the dynamics of entrepreneurship with family ties. However, it is crucial to approach this venture with careful planning and a solid understanding of the legal and financial implications involved. In this article, Romanian law firm Pavel, Margarit & Associates provides valuable information and […]

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By : Jul 26, 2023 Comments Off on What you need to know before starting a family business in Romania
Articles

How to negotiate contracts in Romania: Advice from a Romanian business lawyer

Understand the importance of effective contract negotiation In the competitive business landscape in Romania, negotiating contracts efficiently is essential to ensure favourable results and protect your companys interests. As a trusted Romanian law firm, Pavel, Margarit & Associates understands the intricacies of negotiating contracts in Romania. In this article, well share valuable tips to help […]

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By : Jul 10, 2023 Comments Off on How to negotiate contracts in Romania: Advice from a Romanian business lawyer
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