Pavel, Margarit & Associates Romanian Law Firm is one of the best law firms in Romania, according to International Financial Law Review (IFLR) 2022, one of the most prestigious Law Firms Guide around the world that ranks law firms with…
Having over 10 years of experience in restructuring and insolvency cases, Pavel, Margarit & Associates Romanian Law Firm managed one of the most successful reorganization file in this area of ‹‹practice on the Romanian legal market. The lawyers specialized in…
From 2014 until mid-July 2018, the former owners of the nationalized houses received compensation titles amounting to almost EUR 1 billion from the National Authority for the Restitution of Properties, according to data provided by the Authority to Pavel, Margarit…
The merger of the companies presupposes the existence of at least two distinct companies registered with the Romanian Trade Register that wish to join in one company. The merger of the trading companies can be done either by absorption, if…
The headquarters of the company may be changed at any time by the sole shareholder’s decision or by the decision of the general meeting of shareholders. This change must be registered with the Romanian Trade Registry. Like any other procedure…
Romanian citizenship may be obtained by persons who lost this status, as well by their descendants, relatives of maximum second degree, if these ones demand regaining citizenship. The file for regaining of Romanian citizenship includes certificates that require legalization, statements,…
The share capital of a company cannot be less than 42 euros (200 Romanian lei). However, there is no maximum limit for it. The amount that exceeds 42 euros can be used to finance the company’s business, for equipment acquisition,…
The main object of activity is the basic activity that a company carries out. This object of activity may be changed, on the condition that such change is registered with the Romanian Trade Registry where the company is also registered.…
Romanian limited liabilities companies and joint stock companies can change their Directors at any time by the decision of the sole shareholder/associate or the decision of the general meeting of shareholders/associates, and this change must be registered with the Romanian…
The share capital of a Romanian Limited Liability Company (LLC) cant be less than 42 euros (200 Romanian lei), but there is no maximum limit for it. Social capital may be increased at any time. This change must be registered…
