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…
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…
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…
The process of company formation in Romania represents the essential first step for any entrepreneur who wishes to start a business in Romania. Choosing the correct form to set up a company in Romania, whether to set up a company…
The new NACE Rev. 3 version effective in 2025: What does your business need to do? The year 2025 began with a significant change for a Romanian company, namely the implementation of the updated version of the classification of economic…
Corporate lawyer in Romania. New Business Opportunities for 2025 The year 2025 brings significant changes for Romanian companies, specifically regarding the updating the NACE codes in Romania. This modification aims to support entrepreneurs, as the process of applying the new…
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…
How the new tax updates will affect businesses in 2025? A series of tax updates in Romania came into effect in 2025 through Emergency Ordinance no. 156/2024, primarily targeting every Romanian company in their dealings with the tax authority in…
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…
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…
