How customs decisions can be challenged and the role of a tax lawyer in Romania in safeguarding company interests The Trump Administration has announced that new import taxes will come into force on imports from countries such as China, Mexico, and Canada. These measures will lead to higher prices for goods entering the United States, […]
How Can a Stock Exchange Lawyer in Romania Assist You in the Financial Recovery of Companies Listed on the Stock Exchange in Romania? Listed companies in Romania have a significant impact on the economic environment, as through the sale of shares, capital is attracted to finance large-scale projects that can contribute to economic growth and […]
What types of contracts does a company in Romania conclude? Depending on its activity, a company in Romania enters into various types of contracts, these being the instruments that guarantee the existence of a legal commercial relationship. It is important that in a commercial relationship, the parties are aware of their rights and obligations, as […]
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 […]
How to incorporate a branch in Romania? According to the Romanian Companies Law no. 31/1990, the branch in Romania is an entity without legal personality, being a dismemberment of a company in Romania. It is necessary that before starting the economic activity in Romania, the branch is registered with the Romanian Trade Register of the […]
Ways to prevent insolvency in Romania Insolvency in Romania is that state of a company in Romania when it is financially unable to pay its certain, liquid and exigible debts to creditors, regardless of whether they originate from commercial, labor or any other relations. By adopting the Romanian Law no. 85/2014 on insolvency prevention and […]
According to the Romanian Law no. 265/2022 on the trade register and for the modification and completion of other normative acts with an impact on the registration in the trade register, so that a professional can carry out economic activity in Romania, it is necessary, first of all, to require the registration of the company […]
Starting in 2024, the Fiscal Code undergoes a series of modifications enacted by Law 296/2023 and Emergency Ordinance 115/2023. These changes encompass various aspects, including the method of calculating the income tax for micro-enterprises in Romania, additional conditions to qualify as a micro-enterprise in Romania, the mandatory adoption of the RO e-Invoice System and an […]
Any company in Romania is established to carry out economic activity in Romania, but when it fails to meet its commercial commitments, certain legal procedures may intervene aimed at the recovery of economic activity in Romania or the immediate liquidation of the company in Romania, when it is confirmed that there is no chance of […]
Receiving a cease and desist letter can be intimidating for any business owner in Romania. However, it’s essential to understand that a cease and desist letter is not a lawsuit, but it is a warning that legal action may be taken against you. In this article, we’ll provide you with essential information on how to […]
