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impact of postponing the recodification of the object of activity in Romania
Articles, Corporate Commercial and M&A

Lawyer Analysis. Consequences of postponing updating the NACE codes: Restriction on the registration of any other changes with the Trade Register

The new NACE Rev. 3 version effective in 2025: What does your business need to do? The year 2025 began with a significant change for a Romanian company, namely the implementation of the updated version of the classification of economic activities in Romania (NACE Rev. 3). The purpose of this change is to align with […]

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By : Apr 2, 2025 Comments Off on Lawyer Analysis. Consequences of postponing updating the NACE codes: Restriction on the registration of any other changes with the Trade Register
updating the NACE codes in Romania
Articles, Corporate Commercial and M&A

Business lawyer in Romania. Comparison Between the Old NACE Code and the New Mandatory NACE Code for 2025

Corporate lawyer in Romania. New Business Opportunities for 2025 The year 2025 brings significant changes for Romanian companies, specifically regarding the updating the NACE codes in Romania. This modification aims to support entrepreneurs, as the process of applying the new legislative changes has been simplified. The NACE codes in Romania have been updated to align […]

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By : Jan 28, 2025 Comments Off on Business lawyer in Romania. Comparison Between the Old NACE Code and the New Mandatory NACE Code for 2025
Updating nace codes
Articles, Corporate Commercial and M&A

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 […]

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By : Jan 16, 2025 Comments Off on Major changes for business activity codes in Romania
open a business
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 […]

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By : Apr 19, 2024 Comments Off on Why you should open a business in Romania?
Articles, Corporate Commercial and M&A

What to pay attention to when incorporating a company in Romania according to the new amendments of the Law regarding the Romanian Trade Register as of December 2022

The end of 2022 brought substantial changes by means of Law no. 265/2022 regarding the Romanian Trade Register and for amending and supplementing other normative acts with an impact on the registration in the Trade Register in Romania. Among the amendments that you shall need to pay attention to when you register a company in […]

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By : Jan 27, 2023 Comments Off on What to pay attention to when incorporating a company in Romania according to the new amendments of the Law regarding the Romanian Trade Register as of December 2022
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