As a business owner, finding the right commercial space is essential to your success. However, navigating the legal aspects of commercial leases in Romania can be a challenge. To help you make informed decisions, our law firm, Pavel, Margarit &…
As a small business owner in Romania, navigating the complex Romanian tax system can be overwhelming. Given the various taxes, regulations and compliance requirements, it can be difficult to ensure you are fully compliant while maximizing your profits. In this…
As an employer in Romania, it’s essential to understand the country’s labor laws. Romanian labor laws are complex and governed by various regulations with which employers must comply. This guide provides an overview of Romanian labor laws and the legal…
Any person who is in a situation where a final judgment ruled in Romania prejudices his interests may appeal against the final judgment, following the procedure before the European Court of Human Rights. The Romanian Law firm Pavel, Margarit &…
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…
Romanian companies that have opened insolvency proceedings need liquidity to continue their business. One of the methods to obtain the necessary amounts is to capitalize the assets through sale by direct negotiation method, regulated by Romanian insolvency law nr. 85…
The Romanian National Agency for Tax Administration has issued thousands of notifications against the persons considered responsible for the insolvency/insolvability of certain companies. These persons are managers, administrators of those companies and other categories who have had various business relationships…
Pavel, Margarit & Associates Romanian Law Firm is one of the best law firms in Romania, according to International Financial Law Review 2019 (IFLR1000 Financial and Corporate Guide), one of the most prestigious law firms guide around the world that…
A company is insolvent if it fails to pay the debt to a creditor within 60 days of maturity. Law no. 85/2014, also called the insolvency law, imposes a value of the debt threshold for which insolvency can be claimed,…
