Total spin-off and partial spin-off in Romania A Romanian company can undergo various changes in the course of its business activities. This article analyzes the procedure for company spin-off in Romania, the types of company spin-offs in Romania, and the conditions for the procedure of spin-off in Romania, as provided by the provisions of the […]
What are the duties of an administrator in Romania? In a Romanian company, its activities are governed by the Romanian company law, specifically Law 31/1990, and are individualized in the articles of association. The articles of association is the primary instrument that establishes aspects related to the management of a Romanian company, its operation, the […]
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 […]
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 […]
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 […]
General aspects of share transfer in Romania The transfer of shares in Romania is the method by which ownership of shares held by a shareholder in a limited liability company (LLC) is transferred to an individual or a company as a result of concluding a share transfer agreement in Romania. To carry out an assignment […]
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 […]
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 […]
Corporate lawyer in Romania. How to deregister a company in Romania? In Romania, the course of a legal entity begins by incorporating it at the Trade Register in Romania, it will carry out its economic activity, and then it will follow the closing phase of the company (company deregistration in Romania). There are several reasons […]
