The Romanian Law Firm Pavel Mărgărit and Associates Archives - Page 5 of 8

Franchise agreement in Romania

Franchise agreement in Romania A Romanian company has several ways to expand its business, the most well-known being the signing of a franchise agreement in Romania. Business expansion through the establishment of franchises is regulated by Ordinance no. 52/1997 regarding the legal regime of franchises, which sets the legal framework for their operation. This article […]

By : Oct 23, 2024 Comments Off

Articles, Civil Law

Demand for payment in Romania

Methods of debt recovery in Romania In the current economic context, delays or failures to meet payment obligations between service providers, suppliers or contractors have become increasingly common. For a creditor in Romania, the first legal step in the process of debt recovery in Romania is often to send a demand for payment in Romania. […]

By : Oct 18, 2024 Comments Off

Articles, Public Law

Appeal against an administrative act in Romania

Legal assistance for dismissals, tax decisions and building permits in Romania The appeal against an administrative act is an essential procedure through which an individual who feels wronged in their rights or legitimate interests by an administrative act can challenge decisions issued by public authorities. One of the key aspects of such an appeal against […]

By : Oct 11, 2024 Comments Off

Articles, Civil Law

Debt recognition agreement in Romania

What is a debt recognition agreement? A debt recognition agreement in Romania is an essential legal instrument in commercial and financial relationships. It formalizes the debtor’s recognition of existing claims, thus providing the creditor in Romania with stronger assurance for debt recovery in Romania of overdue debts. The Romanian Law Firm Pavel Mărgărit and Associates […]

By : Oct 4, 2024 Comments Off

Articles, Corporate Commercial and M&A

Spin-off of a Romanian company

Total spin-off and partial spin-off in Romania A Romanian company can undergo various changes in the course of its business activities. This article analyzes the procedure for company spin-off in Romania, the types of company spin-offs in Romania, and the conditions for the procedure of spin-off in Romania, as provided by the provisions of the […]

By : Oct 2, 2024 Comments Off

Articles, Civil Law

Debt recovery through writ of payment in Romania

Debt recovery through writ of payment in Romania In an obligation-based relationship, situations may arise where one of the parties fails to fulfill their assumed obligations. In such a case, creditors have the possibility to enforce their claim rights through several debt recovery methods, depending on the nature and value of the debt. One of […]

By : Sep 18, 2024 Comments Off

Articles, Corporate Commercial and M&A, Tax Law

Responsabilities of an administrator in Romania

Engaging administrator sole liability for tax obligations In a company in Romania, administrators perform key duties to ensure that the economic activity in Romania of the company in Romania operates efficiently and legally, bearing significant responsibility for managing the company in Romania. According to the provisions of the Companies Law No. 31/1990, administrators are liable […]

By : Sep 6, 2024 Comments Off

Articles, Tax Law

BNR authorization of an online payment processor in Romania

Companies mediating online payments must obtain BNR authorization Legal entities involved in online payment processing or online payment processors must obtain authorization from the National Bank of Romania or BNR, according to the new amendments to BNR Regulation No. 4/2019 concerning payment institutions and specialized providers of account information services. This measure is part of […]

By : Sep 4, 2024 Comments Off

Articles, Civil Law

Action for tort liability in Romania

Action for tort liability in Romania To ensure that fundamental rights are respected, the Romanian legislator has regulated the concept of civil liability in Romania in the Romanian Civil Code, so that when a person suffers damage as a result of a wrongful act in Romania, it can be remedied. The Romanian Civil Code distinguishes […]

By : Aug 28, 2024 Comments Off

Articles, Civil Law

Contract lawyer in Romania. Loan agreement in Romania

Romanian legislation provides for several types of loan contracts in Romania, which are used in practice according to the interests of the parties. Among the types of loan contracts in Romania, we mention the usage loan, consumer loan in Romania, and interest-free loan in Romania. This article analyzes the concept of the consumer loan in […]

By : Aug 7, 2024 Comments Off