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Articles

Acquiring ownership of Romanian land by foreigners

Acquiring ownership of Romanian land by foreigners

by Vlad Cuc The applicable law on the acquisition on land in Romania is the Law 312/2005, regarding acquisition of private ownership of land by foreign citizens and stateless persons and foreign legal persons. Provisions of the Act regulate the acquisition of ownership of Romanian land by nationals of any…
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Types of Romanian Companies

by Vlad Cuc As a general rule, foreign investors do no have to respect any specific investment criteria for company formation in Romania, even though in certain economic sectors a special permit will be required by the local authorities. Our team of Romanian lawyers can provide an extensive presentation on…
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Lawyers in Galati

Through our affiliate law office in Galati we offer a diverse range of legal services in the area, including: Company Formation in Galati Legal advice related to the company structure, taxation, drafting of the Articles of Association. We also offer legal assistance for the opening of a local bank account…
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Divorcing in Romania

According to the legislation in Romania, in the case of agreement between spouses, in the Romanian New Civil Code, are admitted two types of divorce procedures. One, is the judicial divorce stipulated in the art. 374 of the New Civil Code and in this case, the divorce does not require…
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Business Permits & Licenses in Romania

by Vlad Cuc The following article enumerates the types of Romanian companies which require prior permits in order to be incorporated. Besides the business fields we will present in this article, it is necessary to know that the Romanian legislation provides other types of business licenses that are necessary for other…
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Opening a Hotel in Romania

Our law firm may assist you in opening a hotel in Romania. Our country is growing with regards to the tourism industry. One must firstly note that in the case of creating a hotel the formation of the company is not an issue, as it is done as for any…
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The Romanian Trade Register

by Vlad Cuc The Trade Register in Romania is an institution that operates under the Romanian Ministry of Justice. The Trade Register in Romania has a set of responsibilities, such as: keeping records on the legal and financial status of all companies registered in this country, provide economic and statistical…
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Governing Law of Contracts signed with a Romanian party

by Vlad Cuc As the Romanian Civil Code allows the parties to establish the content of a contract, it is obvious that in the case of an international contract, they could choose the applicable law in the contract.The Law stipulates the applicable law must be expressly mentioned or result in…
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Open a Startup in Romania

Open a Startup in Romania

Romania is one of the leading markets in Europe when we refer to the IT sector, which has been encouraged by the local authorities in a variety of ways, including with various tax exemptions that are generally applicable to other economic sectors; our law firm in Romania can present the…
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