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…
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…
What are the duties of an administrator in Romania? In a Romanian company, its activities are governed by the Romanian company law, specifically Law 31/1990, and are individualized in the articles of association. The articles of association is the primary…
Corporate lawyer in Romania. Registration of trade register mentions in Romania In 2024, there are numerous advantages to establish a company in Romania, and more and more entrepreneurs are choosing to start a business. Once the company is established, various…
Corporate lawyer in Romania. How to deregister a company in Romania? In Romania, the course of a legal entity begins by incorporating it at the Trade Register in Romania, it will carry out its economic activity, and then it will…
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…
