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Category: Romanian Law

Contracts with Extraterritorial Elements – Part 2

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Nicholas Hammond
luni, 05 mai 2014 / Published in Romanian Business, Romanian Law
This blog today is a continuation of last week’s blog concerning EU law, its interaction with Romanian law and its application by lawyers in Romania. Provisions that regulate the choice of the parties (also known as Lex Voluntatis) As mentioned in part one the parties to a contract have the freedom of choosing the governing

Contracts with Extraterritorial Elements – Part 1

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Nicholas Hammond
luni, 28 aprilie 2014 / Published in Romanian Business, Romanian Law
Since my last post touching on the above I have received a number of enquiries concerning this aspect of Romanian law.  To try and answer those questions as all good Romanian lawyers do, I have prepared a more extensive analysis of the position.  Rather than bore everyone with a long post I have divided it
contract lawextraterritorial contractsextraterritorial elementsRomanian contract lawromanian lawyers

Closing a company in Romania

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Nicholas Hammond
marți, 22 aprilie 2014 / Published in Romanian Business, Romanian Law
As part of the natural order of commercial life there may come a time when it is necessary to close and liquidate a company in Romania.
business lawclosing a businessRomanian companyromanian lawromanian lawyer

Permanent or Temporary Employees

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Nicholas Hammond
miercuri, 16 aprilie 2014 / Published in Romanian Business, Romanian Law
The employee always remains the employee of the agency and does not become an employee of the client company. This means that the agency is responsible for all taxes and social security payments and deductions whilst at the same time receiving a fee from the company to whom the temporary employee was seconded.
contract lawemployment lawromanian lawromanian lawyerstemporary employees

Are you a Director or a Manager?

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Nicholas Hammond
miercuri, 09 aprilie 2014 / Published in Romanian Business, Romanian Law
Language is a great thing except when you are talking to someone who is not a native speaker of the language and as a partner in a Romanian law firm I am well aware of this. Ask my staff! Last week we talked about confusion in property law that we as lawyers in Romania  experience
romanian administratorromanian businessRomanian companyromanian directorromanian law

Some Issues concerning Romanian Property

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Nicholas Hammond
luni, 31 martie 2014 / Published in Romanian Business, Romanian Law, Romanian Real Estate, Romanian Taxes
Like many Romanian law firms we receive periodically requests in relation to property in Romania. This maybe in relation to claiming land and property which was originally owned by a relative who has died or from people who are the heirs and successors of people who have left Romania and seek to reclaim their property
Romanian landRomanian land lawromanian property

State Aid or Aid from the State

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Nicholas Hammond
miercuri, 26 martie 2014 / Published in News, Romanian Business, Romanian Law
State aid means many things to many people in Romania. The issue is that there are funds available for State aid in Romania which have not and are not being accessed. Although Romania receives per capita less State Aid than any other European country this is then even more reason for it to be used
romanian IT onshoreromanian state aidromanian tech start-ups

Romanian Footbal Scandals and European Directive

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Nicholas Hammond
marți, 18 martie 2014 / Published in Romanian Business, Romanian Law, Romanian Social Issues
In recent weeks in Romania, apart from the disappearance of MH370 and the problems in the Ukraine and Crimea, the media has been full of the “Football” cases.  A number of well known officials and personalities, among which Romanian football player icon Gica Popescu and club owner Giovanni Becali, were sent to jail and had
directive on confiscation of assets

Current Romanian Internship Law

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Nicholas Hammond
luni, 10 martie 2014 / Published in Romanian Law
Romania like many countries in the European Union is suffering from high unemployment.  Whether this is shown in official figures or in the public awareness of the Romanian black market there is a large number of young people and graduates who are without permanent employment. To try and resolve some of the problems relating to
internship lawRomanian internship

Can I use my usual contract?

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Nicholas Hammond
marți, 04 martie 2014 / Published in Romanian Business, Romanian Law
There are in the main two types of foreign investors in the Romanian economy. Those who form a Romanian company and make a direct investment into Romania, and those who “invest” long distance in Romania and its market. By that I mean people who carry on business in Romania but do not have an office
business in Romaniaromanian businessRomanian companyRomanian contract lawromanian law
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