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Tag: set up a company in Romania

cross-border trade in Romania

The Schengen Effect: Legal benefits for companies in Romania

Schengen benefits for Romanian companies and legal assistance in cross-border trade Romania’s accession to the Schengen Area brings multiple economic and legal benefits for existing companies, as well as for entrepreneurs who wish to start up business in Romania, facilitating cross-border trade in Romania and reducing administrative barriers. This integration has significant implications for the […]

Tax updates in 2025

Tax updates in 2025 for Romanian companies

How the new tax updates will affect businesses in 2025? A series of tax updates in Romania came into effect in 2025 through Emergency Ordinance no. 156/2024, primarily targeting every Romanian company in their dealings with the tax authority in Romania. These measures aim to support the business environment and the economy in contemporary society. […]

nace codes in Romania

Important for Businesses – The NACE classification changes starting January 2025

Mandatory updates for those who own or wish to start a business in Romania in 2025 In the context of economic changes and alignment with European standards, the Government of Romania has adopted a resolution facilitating the update of NACE codes in Romania (classification of economic activities in Romania) by introducing the revised version, NACE […]

incorporating a LLC

Corporate lawyer in Romania. Incorporating an LLC in Romania

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 […]

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