company formation in Romania Archives - Page 2 of 2

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 […]

By : Jan 16, 2025 Comments Off

Articles, Tax Law

Tax updates in 2025 for Romanian companies

How the new tax updates will affect businesses in 2025? A series of tax updates in Romania came into effect in 2025 through Emergency Ordinance no. 156/2024, primarily targeting every Romanian company in their dealings with the tax authority in Romania. These measures aim to support the business environment and the economy in contemporary society. […]

By : Jan 15, 2025 Comments Off

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 […]

By : Dec 4, 2024 Comments Off

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 […]

By : Oct 23, 2024 Comments Off

Articles, Corporate Commercial and M&A

Why you should open a business in Romania?

Corporate Lawyers. Why you should open a business in Romania? Currently, the process of company formation in Romania involves preparing and submitting the documentation required by the Trade Register, as well as obtaining the necessary authorizations to conduct the business legally. Additionally, it’s important for entrepreneurs to be aware that establishing a company in Romania […]

By : Apr 19, 2024 Comments Off

Articles, Corporate Commercial and M&A

Corporate lawyer in Romania. Incorporating an LLC in Romania

Why you should incorporate a limited liability company (LLC) in Romania? In 2024, to incorporate a company in Romania, there are numerous advantages for entrepreneurs, which is why more and more limited liability companies (LLC) in Romania are set up from year to year. According with the Company law no. 31/1990 For the company registration […]

By : Apr 17, 2024 Comments Off