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Tag: start a business in Romania

buying a business in Romania

What steps should you follow when buying a business in Romania?

Due Diligence – Essential in the acquisition process Acquiring a business, even if it is joint stock company in Romania or limited liability company in Romania, requires a detailed analysis of all financial, legal and commercial aspects to eliminate risks and ensure a secure investment. Due diligence in Romania is an essential process in any […]

updating the NACE codes in Romania

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 […]

dissolution and liquidation in Romania

Commercial Lawyer: The impact of the “Train Ordinance” on the business environment in Romania

Corporate Lawyer: How the “Train Ordinance” affects companies and entrepreneurs in Romania Ordinance No. 156/2024, published in the Official Gazette No. 1334 on December 31, 2024, brings essential changes to the business environment in Romania. These changes affect both existing companies and entrepreneurs planning to start a business in Romania, register as a company in […]

Updating nace codes

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 […]

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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