Request Call Back Free Case Evaluation Request Price An overseas corporation has multiple options if interested in opening a secondary office in Romania. Among all the alternatives our Legal System provides, we can easily distinguish between two general types. One category gathers business entities with legal personality and the other one includes those offices without … Read more
Request Call Back Free Case Evaluation Request Price As opposed to the status of subsidiaries, the branch is just an extension of the parent company and therefore has no legal personality and no independence. Law no. 105/1992 on the Regulation of the Private International Law Relationship adopts the accepted international practice by which a branch is governed … Read more
Request Call Back Free Case Evaluation Request Price Foreign companies have several options when deciding the manner in which they will set up their business operations in Romania. The representative office in Romania is not a separate legal entity registered in Romania, it is merely an extension of a foreign company willing to engage in certain activities in … Read more
Request Call Back Free Case Evaluation Request Price A shelf company in Romania is a ready-made company that was set up in advance by an agent, and it is ready for use by those who have a business plan and require a legal entity to engage in economic activities. An important advantage of the shelf … Read more
Request Call Back Free Case Evaluation Request Price There are two different aspects to be brought to client’s attention, one referring to general procedures regarding the company registration process and the other one concerning the specific stipulations implied by the particular domain that we are talking about. According to Romanian laws, the mandatory steps to … Read more
Request Call Back Free Case Evaluation Request Price In this article, we will talking about changing the manager of a company in Romania: who is involved in this process, what are the steps to be taken and what documents are required when thinking about having a new manager for your SRL. According to theNTRO ( … Read more
Request Call Back Free Case Evaluation Request Price Foreign investors who want to open a company in Romania can choose between several business forms that suit their needs according to size, number of shareholders, number of employees and other criteria. As far as corporate taxation is concerned, Romania has a standard corporate income tax that … Read more
Request Call Back Free Case Evaluation Request Price What are the forms of liability of the director of a company in Romania? The forms of liability for which directors can be hold accountable are: According to Law no. 31/1990 regarding societies in Romania, the obligations and liability of directors shall be governed by the provisions … Read more
Request Call Back Free Case Evaluation Request Price I would like to modify the legal form of a company from a limited liability company into a joint stock company. Is this possible? If so, how can I proceed to it? Yes, modifying the legal form from one form to another is possible, implicitly being possible … Read more
Request Call Back Free Case Evaluation Request Price What is a fictional company? The fictional company is an apparent legal person and can be either a form of simulation or a form of confusion between the company’s assets and those of members, but this form of company may also exist due to the lack of … Read more