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 […]
Joint ventures are an increasingly popular way for companies to pool resources, share risks and access new markets. In Romania, setting up a joint venture can be a strategic decision for companies looking to expand their operations. However, there are both benefits and risks to consider when setting up a joint venture in Romania. This […]
A joint venture agreement is a contract whereby a person provides, to one or more persons, a share in the benefits and losses of one or more operations that he or she undertakes. In other words, the joint venture agreement is usually concluded between practitioners in Romania, being a form of association between two or […]
Public procurement procedure is the acquisition of works, supplies or services by means of a public procurement agreement in Romania that is concluded between one or more contracting authorities and one or more economic operators, regardless of whether the works, supplies or services aim to achieve a public interest or not. Any economic operator has […]
Pavel, Margarit and Associates Romanian Law Firm assisted and represented a company from India, with over 25 years of experience, which operates in the field of digital services, offering a wide range of business and management consulting services, to enter the Romanian market. The assistance services consisted, among others, in drafting the necessary documentation for […]
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 […]
Very often, tax inspectors decide larger amounts of fiscal debt after a fiscal inspection. However, any fiscal decision issued by Romanian National Agency for Fiscal Administration may be challenged. Sometimes, inspectors make decisions that do not fully comply with the legal provisions. A Romanian lawyer specialized in commercial litigation and administrative law can help you […]
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 […]
