Willing to start up a business in Romania and need to set up a new company? Searching for an experienced lawyer that could help you easily surpass the beaurocracy of the Romanian legal system? Willing to change your company's legal name or simply add a new object of activity ? Do not hesitate to contact us. Our experience is related to:
·Incorporating commercial companies :Limited Liability Companies (SRL), Joint-Stock Companies (SA), General Partnerships (SNC), Limited Partnerships (SCS), Limited Joint-Stock Companies (SCA)
· Establishing commercial companies by students
· Establishing commercial companies by young debutants (SRL-D)
· Establishing off-shore companies (Cyprus, Malta, Monte Carlo, etc.)
· Setting up foundations and associations
· Setting up subsidiaries for international companies, in Romania
· Establishing working points, branches, offices in the country and abroad
· Changing the social headquarters
· Taking over a company
· Adding new objects of activity
· Drawing up constitutive deeds and additional papers
· Changing the company's legal name
· Suspending the activity of a company
· Changing the legal form of a commercial company
· General legal assistance in matters related to commercial companies
· Registration of all legal papers with the Romanian Office of Trade Register
All businesses must be incorporated with the National Office of Trade Register organized by the Romanian Chamber of Trade and Industry. The National Office of Trade Register is a public institution meant to handle business statistical information. The date of incorporation in the Romanian Trade Register is considered to be the starting moment of a company's legal existence.
Our lawyers offer complete legal assistance for any type of Romanian company formation and on-going assistance after the incorporation of the company.
Companies established in Romania are legal entities subject to Romanian laws: (modified and completed by Emergency Government Ordinance No.32/1997, Law No.195/1997 and Law No.99/1999 on certain measures for the acceleration of the economic reform).
Furthermore, we have a strong general background in assisting foreign companies expand to Romania.
Foreign corporations are entitled to set up representative offices in Romania, in accordance with the provisions of Decree – Law No.122/1990. While representative offices cannot carry out commercial activities on their behalf, they are entitled to promote and supervise the business of their parent companies. Establishing a representative office must be done with the approval of the Ministry of Industry and Commerce, Department of Foreign Trade. Most representative offices are subject to minimum taxationas their only income is represented by the funds obtained from the mother company.
A foreign company can also do business in Romania through a subsidiary or a branch. While a subsidiary has legal personality and is considered to be a Romanian entity, the branch is just an extension of the parent company and therefore has no legal personality and independence.Legally, the branch has no separate status from the foreign company itself.
Because it is very important to start-up well, you don't have to waist time going through all the beaurocracy of the Romanian legal system. It is most important to plan, organize and run your business. Let us handle the incorporation of your company and the on-going legal changes. The stages for the settlement of a company and further procedures can look difficult, long and expensive. However, we provide you simple solutions for the development of your business.
Our lawyers are familiar with the stages of incorporating any types of legal entities, having a solid background related to all legislative and administrative aspects.
Choose to let us incorporate your company and proficiently deal with all additional changes and papers and take time to just run your business well.