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Debt Collection in Romania

by Vlad Cuc As of February 15th, 2013 the new Romanian Civil Procedure Code has entered into force. As a result the procedures related to debt collection in Romania have suffered some changes. At this time, a creditor can start debt recovery procedures from a Romanian debtor through several legal…

Double Taxation Avoidance Conventions signed with Romania

Romania has signed a large number of Treaties for the avoidance of double taxation even before 1989. Partner-countries range from the United Kingdom and Germany to Thailand, Ecuador, Kuweit etc. The structure and some of the stipulations of these treaties are similar. To be able to exemplify, we have analyzed…

Corporate Tax in Romania

The corporate tax in Romania is one of the several taxes that are applied to local businesses, as well as to non-resident entities developing commercial activities here. The corporate tax rate in Romania is applicable to foreign entities operating through a permanent establishment as well. According to the latest modifications of…

Lawyers in Constanta

Through our affiliate law office in Constanta we offer a diverse range of legal services in the area, including: Company Formation in Constanta 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…

Overview of Romanian Courts

by Vlad Cuc Romanian legislation stipulates the following Courts of Law:- High Court of Cassation and Justice;- Courts of Appeal;- Tribunals;- Specialized Tribunals;- Military Courts;- Regional Courts;- Arbitrary Court. Activity of Romanian Courts is performed by respecting the principles of the aleatory file case distribution and continuity, with the exceptions…

Obtain an EORI Number in Romania

MHC Law Firm is able to provide full representation for obtaining an EORI registration in Romania. This can be done by us filling in the necessary application in behalf of your company and filing it with the Romanian authorities. Our team of Romanian lawyers can help you in this procedure. Quick…

Create a Romanian Joint Stock Company

by Vlad Cuc The joint stock company in Romania represents a legal structure that has the highest level of complexity. This is given by the fact that it was designed for large businesses – such as international companies and this business form is generally used when developing an investment project…

Lawyers in Cluj

Through our affiliate law office in Cluj we offer a diverse range of legal services in the area, including: Company Formation in Cluj 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…

Lawyers in Brasov

Through our affiliate law office in Brasov we offer a diverse range of legal services in the area, including: Company Formation in Brasov 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…

Create a Romanian Individual Enterprise

by Vlad Cuc A Romanian Individual Enterprise (“Intreprindere individuala”) is a business entity without legal personality, established by a single natural person. There are a series of conditions for the creation of this type of Romanian business, respectively: the person requesting the registration is over 18 years of age, he/she…