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The exclusion and withdrawal of associates

What kind of persons can be excluded from a Romanian company and what types of companies can resort to this measure? According to Romanian Law no. 31/1990 …

Censorship under the Romanian legislation

What are censors in accordance with the Romanian legislation and what is their role? The censorss of a company are an organ which serves to prevent the …

Cross-border mergers in accordance with the Romanian provisions

What are cross-border mergers and what types of legal entities can take a part in these mergers under the laws of Romania? Cross-border mergers can be achieved …

Groups of companies in Romania

Groups of companies refer to a group consisting of a dominant company and other companies controlled, either factually or legally, by the former. This type of …

Fictional companies in Romania

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 …

Changing the legal form of a company in Romania

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 …

The lilability of a director of a company in Romania

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 civil, criminal …

Changing the manager of a SRL in Romania

According to the NTRO ( National Trade Register Office), changing the manager of a limited liability company represents a change in the memorandum of …

Prolonging the duration of a company in Romania

The passage of time that has been set for the life of the company is one of the cases that result in the dissolution of the company. In the case of a company …

Company Succession

Consultancy in the succession of companies is an increasingly sought-after service in Romania. We can provide you with the support you need to carry out all …