The position of an administrator in a limited liability company in Romania

luni, 13 februarie 2017 / Published in Romanian Business, Romanian Law
This article is intended to clarify some of the questions which arise regarding the role powers and authority of an administrator in a Romanian company.  The powers of the administrator in a Romanian limited liability company are not that extensive in comparison to the powers of administrators of other companies in Europe or other parts

To be or not to be an Employee

marți, 17 ianuarie 2017 / Published in Employment, Romanian Business, Romanian Law
Romania being Romania has a different approach to directors of companies and their relationship with such companies.  It is very easy for someone not from Romania to use the word director.  The word director has a different meaning in Romanian commercial parlance.  A director is more akin to a manager.  They do not have “director’s

Romanian Company Formation

miercuri, 31 august 2016 / Published in Romanian Business, Romanian Law
The first question international clients usually ask us as lawyers in Romania is how long will it take to incorporate a company.  As an experienced Romanian law Firm that should be an easy question to answer, but like most things in the current business world, the answer is not as simple as the question would

New Directive in EU Law on Trade Secrets and Know-how

joi, 25 august 2016 / Published in European Union case law, Intellectual Property, Romanian Business, Romanian Law
One of the many questions we are asked as a law firm in Romania advising foreign clients is the question regarding the protection of know-how and Trade Secrets and what protection is there in Romania. Whilst the protection of Know-how and Trade Secrets is usually covered in local law there is often confusion as to

Residence and Work permits for Non EU Citizens

joi, 14 aprilie 2016 / Published in Employment, European Union case law, News, Romanian Business, Romanian Law
With the increase of foreigners wishing to come to Romania and Europe to work, we are asked regularly as to what is the position for non-EU citizens concerning work permits and residency. The position of the employment of Non-EU employees is governed in Romania by the provisions of EU Directive 2011/98/EU and Romanian government emergency

Consumer Protection and Gambling in Romania

miercuri, 30 martie 2016 / Published in European Union case law, Intellectual Property, Romanian Business, Romanian Social Issues
From our experience as lawyers based in Romania, we often point out to our clients involved in the gaming industry that the notion of „consumer protection” is no stranger in their industry. On the contrary, it represents a constant concern of the European legislators and has recently become a major topic on the agenda at

Airline Liable to Employers for Compensation for Delay

vineri, 18 martie 2016 / Published in Employment, European Union case law, News, Romanian Business
The European Court of Justice is having a larger influence on people’s lives than is popularly realised. As is often the case the Court has made a decision which will have an impact on consumers in Europe and perhaps world-wide and which was not picked up by the majority of the consumer press, rather only

Romania and the New Insurance Directive

miercuri, 09 martie 2016 / Published in European Union case law, Intellectual Property, Romanian Business, Romanian Law
After much debate and discussion, the European Parliament and the Council have issued the recast Directive on Insurance Distribution. EU Directive 2016/97 (“Directive”) was issued on the 20th January 2016 and was published in the Official Journal of the European 2nd February 2016. The provisions of the Directive coming into effect 20 days after its publication.

Ash Is The Future of Smoking

marți, 16 februarie 2016 / Published in News, Romanian Business, Romanian Law, Romanian Social Issues, Romanian Taxes
  In the 1930’s smoking was seen as the “in” thing to do. The social and economic pressure was such that no-one knew or cared about the consequences of smoking. This was also true in the 1950’s and early 1960’s. My own feeling is that it was a case of lack of knowledge of other

Romanian Agency Agreements

vineri, 12 februarie 2016 / Published in European Union case law, Intellectual Property, Romanian Business, Romanian Law
Despite the current slowing down of international trade we as a law firm in Romania dealing with international trade have seen a rise in interest by foreign SME’s in entering into agency and distributorship agreements with Romanian companies. Whilst the foreign SME’s might seek to invoke the laws of their own country many Romanian companies