The international legal guide Legal 500 has recently published the rankings of the best law firms in Europe, the Middle East and Africa (EMEA). Pavel, Margarit & Associates Romanian Law Firm is present, for the fifth consecutive year, in the…
With taxes ranging from 1% to 16%, a differentiated VAT depending on the type and field of activity, an accessible incorporation process of a company in Romania, as well as the possibility to access qualified labor force, among others, foreign…
On July 2, 2020, Law no. 102/2020 for the amendment and supplementation of Companies Law no.31/1990 was promulgated, bringing a series of legislative simplifications regarding the activity of Romanian companies, and it entered into force starting on July 5, 2020.…
Banks, leasing companies or the National Agency for Tax Administration (ANAF) are often creditors of the Romanian insolvent companies. In some cases, ANAF, as well as other creditors act abusively. Thats why it is recommended to insolvent company to hire…
When a Romanian company opens the insolvency proceedings, it must notify all the creditors and evaluate the capacity of the company to restructure its business. If these measures dont follow the legal proceedings, the company may face problems that will…
Sometimes, new real estate projects have construction defects that are not even known by the developer. Once the owners come into possession of the apartments, they may discover patent or latent defects and go against the developer during the defects…
Pavel, Margarit & Associates Romanian Law Firm was ranked among the best law firms in the country, in the rankings made by the prestigious IFLR1000 (International Financial Law Review), one of the most prestigious law firms guide around the world…
Pavel, Margarit & Associates Romanian Law Firm advised the first peer to peer car sharing platform that was launched in Romania: perpetoo.com. The consultancy involved a series of legal challenges, taking into account that the legislation regulating this segment was…
Tens of thousands of Limited Liability Companies are incorporated each year in Romania. Many times, however, the prospective owners do not take into considerations the problems that may arise in the future, especially issues related to shareholders rights and obligations…
If an investor or a shareholder wants to invest in a Romanian company and receive a subsequent profit, he will provide a loan to that company. In this respect, it may be concluded a loan agreement or prepayment agreement. But…
