Articles - Page 10 of 10 - Romanian Law Firm

Online Gambling in Romania

by Vlad Cuc By introducing new regulations (GD. 823/2011), the authorities may have levers that control the tax compliance and prevent money laundering actions through online gambling activities in Romania. In granting authorization to operate gambling, a team of specialists, consisting of representatives of the specialized directorate, Ministry of Communications…

Romanian Non-Profit Organizations and Associations

by Vlad Cuc Romanian AssociationsThe Association is the legal entity constituted of 3 or more persons who have brought together their financial contribution, knowledge or labour for a general interest, or the interest of a specific group or their own non-patrimonial interest. The social capital of the Association cannot be…

Paying Taxes in Romania

by Vlad Cuc We would start off by mentioning that the article below refers mainly to the taxes paid by a Romanian company (any Romanian company, no matter if it's owned by a Romanian or a foreign person/company). Besides the taxes presented below, an investor would have to consider the…

Establishing Branch or Subsidiary in Romania

by Vlad Cuc It is possible under the Romanian Law to establish branches (or subsidiaries) of an existing foreign company starting its business activities in Romania. A branch office or a subsidiary in Romania defines a place of business where a company establishes its secondary quarters. Our team of Romanian lawyers can…

Opening a Company in Cluj

The lawful procedure of forming a company in Cluj is no different than setting up a Bucharest company, however the Cluj Trade Register practices (activities of the trade register clerks) might contain some specifics. This is especially to be taken into consideration when setting up more “complicated” structures such as…

Verification of a Romanian Company

There are quite a few reasons why a foreign investor would find necessary it necessary to conduct verification of a Romanian company; the most important being: The imminent entering into a contractual relationship with the respective company. In this case the foreign party would prefer to gain insight into some…

The Romanian Branch and The Representative Office

by Vlad Cuc Per the Romanian law, secondary headquarters are those offices of commercial companies without individual legal personality. These will be mentioned in the company’s articles of association filed with the Trade Register corresponding with the Romanian main office. The following are considered secondary headquarters: branches, agencies, representative offices,…

Registering a Trademark in Romania

A trademark is a sign/graphic representation serving to distinguish goods or services of a natural or legal person from those of others. The trademark is an essential element of the strategy of firms: it makes the distinction between a company’s products and services from those of competitors. If you want…

Dissolving a Romanian Company

by Vlad Cuc There are several legal ways through which a Romanian company can be dissolved. Our team of lawyers in Romania can provide an extensive presentation on what you should expect with each of the below mentioned situations, and you should also know that our team can offer legal…