responsibilities of an administrator Archives - Pavel, Margarit and Associates

Fiscal package 2: Extended liability for company administrators in Romania

New limits of responsibility for administrators and shareholders in Romania – What risks arise in 2025 Fiscal Package 2 aims to reduce the phenomenon of company decapitalization in Romania and to further hold administrators accountable. Stricter liability is introduced for situations in which the company grants loans or distributes interim dividends without proper regularization. In […]

By : Sep 19, 2025 Comments Off

Articles, Corporate Commercial and M&A, Tax Law

Package 2 Fiscal Measures in Romania: Extended Tax Record for Romanian companies and their administrators

Newly established companies in Romania and existing companies in Romania: New rules for tax record registration and administrator liability One of the major changes introduced by Fiscal Package 2 is the extension of the tax record for legal entities and natural persons. According to Government Ordinance no. 39/2015, this fiscal record now includes several categories […]

By : Sep 12, 2025 Comments Off

Articles, Corporate Commercial and M&A, Tax Law

Package 2 Fiscal Measures in Romania: Restrictions on Share Transfer for Romania Companies with Debts

Liability of Administrators in Romania and Limitations on Share Transfer in Romania Companies with Fiscal Obligations Currently, the transfer of share capital held by a shareholder controlling a Romanian company (SRL) can be carried out regardless of whether the company has outstanding tax obligations to the state budget. Shareholders may sell or transfer shares without […]

By : Sep 10, 2025 Comments Off