How to Start a Business in Romania

The process of opening a business in Romania is similar with the incorporation process that is applicable at the level of the European Union (EU). As a EU member state, Romania provides similar procedures and one can incorporate the same company types that are available under the EU law.  However, in most of the…
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Register a Company in Constanta, Romania

Register a Company in Constanta, Romania

E&C Law Firm has incorporated over 400 Romania companies having foreign shareholding structures in all Romanian major cities, from Cluj and Timisoara to Bucharest and Constanta. We would consider Constanta as perhaps the 3rd major destination for those foreign investors expanding to Romania (the first 2 being Bucharest and Cluj).…
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Registration as Romanian Data Process Operator

Registration as Romanian Data Process Operator

What is the Romanian National Supervisory Authority For Personal Data Processing? This Romanian institution handles the verification of the Romanian legal entities or persons that during their activity have access to the public’s personal data. Do I have to register with the National Supervisory Authority in Romania? If your business…
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A Romanian (Commercial) Authorized Physical Person

by Vlad Cuc PFA stands for Authorized Physical Person and refers to the a natural person authorized to conduct commercial activity. If an individual wants to pursue an economic activity as the authorized individual must file a specific request with the Trade Register. The application for registration in the Commercial…
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Virtual Office in Romania

by Vlad Cuc Our team of Romanian lawyers can provide virtual office services, as stipulated by the applicable legislation in the field. The law regulating the activity of lawyers in Romania allows local attorneys to offer to clients a temporary company seat, a service which might prove useful to certain start-ups…
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Registration of a European Company in Romania

by Vlad Cuc A European Company is a company set up on EU territory (Romania in this case) under the form of a European Anonymous Company. The main conditions to function are given by the following: its social shares have to be in Euro and cannot be less than EUR…
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Company Formation in Romania

Company Formation in Romania

by Vlad Cuc A business in Romania can be registered by both natural persons and legal entities. A Romanian business form has to be incorporated with the required minimum share capital, deposited in the company’s bank account. Also, it is allowed for local businesses to hold their own assets and…
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How to recover a debt in Malta

A foreign investor may find difficult to recover a debt from a business partner in Malta because he doesn’t know the local legislation related to debt collection and he may have to wait long years until he finishes all the steps of the procedures, especially if he chooses to go…
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Trial Phases in Romania

by Vlad Cuc The existence of legal ways to attack a judge’s decision in Romania constitutes a guarantee of fundamental rights and confer the possibility to remediate eventual judicial errors. The following principles rule this institution:- The interested party must claim that existing Decision contains mistakes or an injustice;- The…
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Environmental Permits and Licenses in Romania

by Vlad Cuc Per the current legal provisions of the Romanian Law, the competent authorities can issue different types of authorizations in accordance to the activity of the Romanian business. For Commerce activity in Romania however, the one required is called the “Environmental Authorization” and refers to the Administrative Act…
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