According to the Romanian Law 31/1990 on commercial companies, the establishment of the headquarter of the companies in Romania is an important element for its functioning. The commercial companies in Romania that have difficulty in finding a place for their…
A joint venture agreement is a contract whereby a person provides, to one or more persons, a share in the benefits and losses of one or more operations that he or she undertakes. In other words, the joint venture agreement…
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…
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…
Being a common financial payment instrument in the relations between professionals, promissory notes in Romania play an important role in discharging from the contractual obligation arising from the contract concluded between the two parties, with the purpose of guaranteeing the…
The Romanian Law firm Pavel Margarit and Associates successfully assisted the only importer and distributor of the most popular brand of premium paints in Romania against a Romanian company, which object of activity is real estate construction and sale of…
Any company or entrepreneur who wants to import tobacco products from a country outside EU to Romania, raw tobacco or processed tobacco originating from its own import operations in Romania, from own intra-community acquisitions or from intern production, they must…
In the last few years in Romania, there have been various external events such as the Covid-19 pandemic, the war in Ukraine or the Suez Canal crisis, which have determined various economic imbalances which have led to the non-fulfillment of…
Although the choice of the type of sole proprietor/ self-employed freelancer existing in Romania seems to be at the free choice of entrepreneurs, in reality it is influenced by the activity which is performed, more precisely, it is about the…
The Romanian Law Firm Pavel, Margarit & Asociatii has provided legal assistance and consultancy in civil and commercial law to a Romanian company regarding the reviewing of the agreement for the supply of goods in Romania, having as object 200…
