Tag: margarit & associates
As a business owner, finding the right commercial space is essential to your success. However, navigating the legal aspects of commercial leases in Romania can be a challenge. To help you make informed decisions, our law firm, Pavel, Margarit & Associates, has put together this guide to the do’s and don’ts of commercial lease agreements […]
As a small business owner in Romania, navigating the complex Romanian tax system can be overwhelming. Given the various taxes, regulations and compliance requirements, it can be difficult to ensure you are fully compliant while maximizing your profits. In this article, we’ll provide essential tips for navigating the Romanian tax system to help you stay […]
As an employer in Romania, it’s essential to understand the country’s labor laws. Romanian labor laws are complex and governed by various regulations with which employers must comply. This guide provides an overview of Romanian labor laws and the legal obligations of employers. Introduction to Romanian labor laws Romanian labor legislation is designed to protect […]
Any person who is in a situation where a final judgment ruled in Romania prejudices his interests may appeal against the final judgment, following the procedure before the European Court of Human Rights. The Romanian Law firm Pavel, Margarit & Associates recommends addressing to a lawyer specialized in litigation and human rights legislation to guide […]
If an investor or a shareholder wants to invest in a Romanian company and receive a subsequent profit, he will provide a loan to that company. In this respect, it may be concluded a loan agreement or prepayment agreement. But these sort of agreements do not guarantee the security of the investment. In order to […]
Romanian companies that have opened insolvency proceedings need liquidity to continue their business. One of the methods to obtain the necessary amounts is to capitalize the assets through sale by direct negotiation method, regulated by Romanian insolvency law nr. 85/2014. A Romanian lawyer specialized in restructuring and insolvency can help a company maximize the income […]
The Romanian National Agency for Tax Administration has issued thousands of notifications against the persons considered responsible for the insolvency/insolvability of certain companies. These persons are managers, administrators of those companies and other categories who have had various business relationships with the debtor. Some of these actions can be challenged in Court, with high chances […]
Pavel, Margarit & Associates Romanian Law Firm is one of the best law firms in Romania, according to International Financial Law Review 2019 (IFLR1000 Financial and Corporate Guide), one of the most prestigious law firms guide around the world that ranks law firms with a lot of expertise in Financial and Corporate area. The […]
A company is insolvent if it fails to pay the debt to a creditor within 60 days of maturity. Law no. 85/2014, also called the insolvency law, imposes a value of the debt threshold for which insolvency can be claimed, namely 40,000 lei. The insolvency procedure is based on an application submitted by the […]
