Articles - Page 2 of 6 - Romanian Law Firm

Open a Foundation in Romania

Local and foreign investors who want to open a foundation in Romania must observe the legislation on non-profit organizations (NGOs) applicable in this country. NGOs can be incorporated under 2 main structures, as follows: associations; foundations. Although both structures are set up for non-commercial purposes, there are certain differences between…

Digital Nomad Visa for Romania

Persons who are digital nomads can now arrive in Romania under a digital nomad visa. The visa program was launched in 2022, Romania being one of the few European countries that now have an official digital nomad visa. Digital nomads are persons who can work remotely and develop business activities…

Company Formation in Timisoara

Setting up a company in Timisoara is not so different from opening one in Bucharest. MHC Law Firm has incorporated Romanian companies in all major cities in the country, from the capital Bucharest, to the IT center of Romania Cluj, the biggest port in Romania Constanta and Timisoara. Timisoara is…

Dismissal of Romanian Employees

by Vlad Cuc Labour relations can be terminated in a lawful manner (retirement, certain interdictions etc.), resignation or dismissal by the employer. The dismissal performed by the employer can be disposed for reasons related to the employee or other unrelated reasons. The employer is able to dismiss for reasons related…

Directors and Administrators of Romanian Companies

by Vlad Cuc The administrator (Director) of the Romanian Limited Liability Company (SRL) is the main body of the company. The SRL can have one or more administrators, shareholders or non-shareholders in the company, appointed through the Articles of Associations or the General Shareholder Assembly. The administrators cannot receive, without…

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…

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…

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…

Divorce Lawyers in Romania

According to the legislation in Romania, a couple divorcing in Romania can, according to the Romanian New Civil Code, opt for two types of divorce procedures. One is the judicial divorce stipulated in the art. 374 of the New Civil Code. The second type of divorce is the administrative or…

Obtain Business Permits & Licenses in Romania

by Vlad Cuc Our team of Romanian lawyers can offer an extensive outlook on the types of licenses and business permits that can be requested under the commercial legislation available here. The following article enumerates the types of business activities that require business permits and licenses in Romania prior or…