Tag: The Romanian Law Firm Pavel Mărgărit and Associates

partition in Romania

Partition Lawyer. Partition Action

Partition Action marriage partition divorce partition and partition in inheritance procedure in Romania According to the provisions of the New Civil Code, partition in Romania is the legal process to divide co-ownership in Romania or part the equitable interest in real property in Romania amongst co-owners. If those who exercise joint ownership do not proceed […]

Insolvency Lawyer. Restructuring Agreement in Romania

The Restructuring Agreement in Insolvency Procedure in Romania According to the new regulations, the restructuring agreement in Romania represents one of the latest insolvency prevention procedures in Romania introduced by the Insolvency Law 85/2014 in Romania, which allows for the restructuring of the activities of companies experiencing financial difficulties. The aim of concluding a restructuring […]

Property right in Romania

Real Estate Law Firm. Property right in Romania

What are the ways of acquiring ownership of real estate in Romania?           According to Romanian legislation, the property right in Romania can be acquired through agreement, legal or testamentary inheritance, accession in Romania, usucaption in Romania, as a result of good faith possession in the case of movable property and fruits, by occupation, tradition, […]

corporate governence

Compliance Lawyer in Romania. Corporate Governance

Corporate Governance in Romanian Companies Corporate governance compliance in Romania represents a set of rules, practices, and processes that regulate the management and supervision of a company in Romania. The concept of “corporate governance” aims at balancing the interests of various parties involved in the operation and activities of an organization, such as shareholders, executive […]

Lease Contract in Romania

Lease Contract in Romania

Lease Contract in Romania According to the Civil Code, lease is the contract by which one party, called the lessor, undertakes to provide the other party, called the lessee, with the use of a property for a certain period in exchange for a price, known as rent. The lease of real estate and of movable […]

VAT refund in Romania

VAT refund in Romania

Interest on VAT refund claims in Romania The concept of tax disputes refers to disputes in which one of the involved parties is a public authority and the purpose of the litigation is either the total or partial annulment of an administrative act, or compelling the public authority to issue an administrative act or perform […]

Fiscal changes regarding companies in Romania in 2024

Starting in 2024, the Fiscal Code undergoes a series of modifications enacted by Law 296/2023 and Emergency Ordinance 115/2023. These changes encompass various aspects, including the method of calculating the income tax for micro-enterprises in Romania, additional conditions to qualify as a micro-enterprise in Romania, the mandatory adoption of the RO e-Invoice System and an […]

Statement of claim in Romania

According to the provisions of Law no. 85/2014, to acquire the status of a creditor in the insolvency procedure in Romania, several steps need to be followed, including: notifying the creditors from the list submitted by the debtor, filing the statement of claim within the fixed term established by the decision for opening the insolvency […]

Tax disputes in Romania: Appealing Tax Decisions and Administrative Tax Acts

According to regulations in tax law in Romania, a tax decision and an administrative tax act can be appealed in front of the fiscal authority in order to analyze the validity and legality of the taken measures.The appeal against a tax act is submitted to the issuing fiscal authorities in Romania within 45 days from […]

Alternative dispute resolution in Romania

According to Romanian legislation, there are methods by which a creditor can recover a debt or claim by resolving disputes without the necessity of initiating legal proceedings. In this regard, the creditor can choose for alternative dispute resolution methods before resorting to court for collection of debt and resolve the dispute That is why The […]