The new liability limits for directors and shareholders in Romania – What risks arise in 2025 Fiscal Package 2 aims to reduce the phenomenon of company decapitalization in Romania and to further hold administrators accountable. Stricter liability is introduced for…
Inheritance disputes constitute one of the most complex branches of civil law, having a major impact both on patrimony and on family relationships. Any succession is regulated by the Civil Code, and conflicts between heirs can be resolved amicably or,…
Newly established companies in Romania and existing companies in Romania: New rules for tax record registration and administrator liability One of the major changes introduced by Fiscal Package 2 is the extension of the tax record for legal entities and…
Liability of Administrators in Romania and Limitations on Share Transfer in Romania Companies with Fiscal Obligations Currently, the transfer of share capital held by a shareholder controlling a Romanian company (SRL) can be carried out regardless of whether the company…
The relationship between taxpayers and fiscal authorities in Romania, especially NAFA, is often complex and tense, leading to practical difficulties such as delays in VAT refund procedures, unjustified bank account freezes, or disproportionate enforcement measures. Simultaneously, the National Authority for…
Tax disputes with NAFA are an increasingly frequent reality for both individuals and legal entities. Whether it concerns a tax dispute such as a contestation of an administrative act, a contestation of a tax decision, or a disagree with a…
Business Lawyer in Company Formation in Romania: Bank Account Opening and Share Capital Increase – New Rules for Incorporating a company in Romania Romanian legislation introduces the obligation that any company formation in Romania must be accompanied by the opening…
The debt recovery procedure in Romania represents an essential legal mechanism for protecting creditors’ rights and ensuring compliance with contractual obligations. By efficiently using the instruments provided by national legislation, creditors can achieve rapid results in matters of debt recovery…
Major risks for companies: Lack of a bank account or failure to increase share capital lead to tax inactivity in Romania Fiscal Measures Package 2 has introduced new situations in which a company can be declared inactivity. According to the…
Legal Ways of Obtaining the Tax Residency Certificate in Romania Recognition of the tax residence status in Romania is regulated by the Fiscal Code and by international conventions on the avoidance of double taxation. Obtaining a tax residency certificate represents…
