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Updating nace codes
Articles, Corporate Commercial and M&A

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 […]

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By : Jan 16, 2025 Comments Off on Major changes for business activity codes in Romania
nace codes in Romania
Articles, Corporate Commercial and M&A

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 […]

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By : Dec 4, 2024 Comments Off on Important for Businesses – The NACE classification changes starting January 2025
management contract in Romania
Articles, Corporate Commercial and M&A

Management contract in a Romanian company

What are the duties of an administrator in Romania? In a Romanian company, its activities are governed by the Romanian company law, specifically Law 31/1990, and are individualized in the articles of association. The articles of association is the primary instrument that establishes aspects related to the management of a Romanian company, its operation, the […]

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By : Sep 27, 2024 Comments Off on Management contract in a Romanian company
trade register mentions
Articles, Corporate Commercial and M&A

Trade register mentions in Romania

Corporate lawyer in Romania. Registration of trade register mentions in Romania In 2024, there are numerous advantages to establish a company in Romania, and more and more entrepreneurs are choosing to start a business. Once the company is established, various aspects may arise that will determine changes in the articles of association in Romania, such […]

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By : Apr 24, 2024 Comments Off on Trade register mentions in Romania
deregister a company in Romania
Articles, Corporate Commercial and M&A

Corporate lawyer. How to deregister a company in Romania?

Corporate lawyer in Romania. How to deregister a company in Romania? In Romania, the course of a legal entity begins by incorporating it at the Trade Register in Romania, it will carry out its economic activity, and then it will follow the closing phase of the company (company deregistration in Romania). There are several reasons […]

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By : Feb 29, 2024 Comments Off on Corporate lawyer. How to deregister a company in Romania?
Articles, Corporate Commercial and M&A

What to pay attention to when incorporating a company in Romania according to the new amendments of the Law regarding the Romanian Trade Register as of December 2022

The end of 2022 brought substantial changes by means of Law no. 265/2022 regarding the Romanian Trade Register and for amending and supplementing other normative acts with an impact on the registration in the Trade Register in Romania. Among the amendments that you shall need to pay attention to when you register a company in […]

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By : Jan 27, 2023 Comments Off on What to pay attention to when incorporating a company in Romania according to the new amendments of the Law regarding the Romanian Trade Register as of December 2022
Articles, Corporate Commercial and M&A

What amendments have brought the Romanian Law 265/2022 on the Trade Register and for the amendment and completion of other normative acts affecting the registration in the Romanian Trade Register?

Starting with November 26, 2022, Law 265/2022 was adopted in Romania, regarding the Romanian Trade Register and for amending and supplementing other normative acts with an impact on the registration in the Trade Register in Romania. The main substantive changes provided for by Law 265/2022 are: registration in the Trade Register in Romania on the […]

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By : Dec 16, 2022 Comments Off on What amendments have brought the Romanian Law 265/2022 on the Trade Register and for the amendment and completion of other normative acts affecting the registration in the Romanian Trade Register?
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