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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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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Contracts in Romania

by Vlad Cuc When entering a commercial contract or another type of contractual relation with another entity, specific rules of law have to be applied. The requirements listed below are to be taken into account when concluding commercial contracts per the Romanian law including: sale/purchase pre-contracts and final contracts, rental/lease…
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M&A Lawyers in Romania

M&A lawyers in Romania define the category of attorneys who are specialized in merger and acquisition (M&A) procedures. M&A is the legal procedure through which a company takes over another company through acquisition or the procedure through which two companies merge together in order to better manage their current assets. These…
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Register a Marriage in Romania

Register a Marriage in Romania

by Vlad Cuc One of the most frequent problems encountered by Romanian citizens that live abroad is the registration of the marriage in Romania, if concluded in their new state of residence. It is necessary to conclude the marriage registration procedure in Romania as per the applicable law, but also…
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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…
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Why Start a Business in Romania?

Why Start a Business in Romania?

In the opinion of numerous foreign investors, Romania is currently amongst the top 3 countries in its region, suitable for starting a business. The reasons for which the country is a very attractive business market are given by its location, which grants an easy access to the Middle Eastern region,…
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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…
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