We currently are dealing in Romania with a number of employment issues. As Romanian Employment law specialists we are acutely aware that whist Romania is currently going through a period of economic expansion there are still reasons where it is necessary for an employer to make employees redundant. The method and steps required are covered
The Romanian economy changed in 1989 and this brought about a profound effect on the way that people lived their lives and business was done in Romania. Many foreign investors forget that only since 1989 has Romania had a free market economy. This has been a blessing and a curse. One of the major impacts
The majority of investors and companies who wish to incorporate a company in Romania chose to set up a limited liability company (SRL). As a Romanian law firm we are often asked to advise on the type of company to be incorporated and in many cases we would agree with the client’s initial instructions to
Companies have been formed in Romania for many reasons. The Trade Registry has endeavoured to clean up the number of dormant or non-trading companies which had been set up in the first flush of a free market economy. In many cases the owners have let these companies die as they had no interest in them
Whatever the reasons for starting a divorce – infidelity, domestic violence, character mismatch, misunderstandings, once you have made that decision, the most important step is to choose a good divorce lawyer because he can defend your rights and help you throughout the process.Our approach helps or clients to understand the divorce process and its legal
Tax law is a branch of public law. Fiscal legal reports are born in the process of collecting taxes or their administration. The administration of taxes and duties is a legal notion used by the tax procedure code, whose legal coverage is much wider, considering not only the collection, but also the tax registration, the
For many years there has been an ongoing debate in Romania about the payment of dividends during the current financial year. Following a strict interpretation of the law, most companies would not pay a dividend until the closing of the year-end in question and when the actual profit had been ascertained. On 10 July 2018,
Occasionally, during the divorce proceedings, one of the parties dies before a final decree is pronounced. This can also happen after the initial Romanian divorce decree has been pronounced and one of the parties decides to appeal. If this happens then the divorce decree is cancelled pending the decision of the appeal procedure. If this
Tempus Fugit. This maxim time flies is one which all lawyers especially Romanian lawyers are well aware of. We were recently concerned with this in relation to a Foreign client and it made us realize the difference in approaches by Civil law lawyers and Common law lawyers. Civil law is by its very nature is
The Romanian Government has done what very few Governments in the past have done and that is that they have united both employers and Unions in a common cause. They have done this by implementing the measures set out in Emergency Ordinance 79/2017 (“Ordinance “). This Ordinance was published on 10th November 2017 and has