Darie & Manea Law Firm makes all necessary efforts to find out all the theoretical consistency of legal regulations in order to provide professional solutions of practical applicability regarding the private, as well as the public law, regarding the incorporation and registration of Romanian trading companies, associations and foundations. Our 10 years of business and commercial law expertise act as a guarantor for our services quality.
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Romanian Limited Liability Company (SRL)
A limited liability company is a corporation established by maximum 50 associates. The business relies upon the foundation documents. The registered capital of a limited liability company cannot be less than 200 RON. The registered share capital of a limited liability company is usually split into social parts/shares with a registered value of minimum 10 RON. The law forbids that the shares of these corporations to be involved for loans or other banking operations. Shares cannot be freely exchanged, making limited liability companies more or less like private companies in other countries. Our lawyers can also help you open a micro company in Romania. more…
Romanian Joint Stock Company (SA)
A joint stock company is a limited liability corporation with registered capital of a minimum of 25.000 EUR or the equivalent of 90.000 RON and with at least two shareholders. Shares could be nominative shares or bearer shares and can be freely traded or pledged. A joint stock company may be set up privately or by public subscription. more…
Set up Branch in Romania
The branch is just an extension of the parent company and therefore has no legal personality and no independence. Law no. 105/1992 on the Regulation of the Private International Law Relationship adopts the accepted international practice by which a branch is governed by the national law of its parent company. Legally, the branch has no separate status from the foreign company itself. It is merely carrying on business in Romania. The foreign company will be liable to the employees and creditors of the branch for the actions of, and debts contracted by, its managers and agents on behalf of the branch. more…
Set up Subsidiary in Romania
An overseas corporation can very well do business in Romania via a subsidiary. The subsidiary has a legal personality and is regarded as a Romanian entity. According to the Law No.31/1990, a Romanian subsidiary of a foreign company is a Romanian legal person and, consequently, it is subject to Romanian laws. It is liable, on its own behalf, for the actions assumed.. It is accountable, on its own part, for the actions taken on. The Romanian subsidiary has its own patrimony and bank account. more…
Set up Representative Office in Romania
Setting up a representative office in Romania with the approval of the Ministry of Industry and Commerce, Department of Foreign Trade, is a simple thing. The license must be renewed yearly against payment of the corresponding fee. If the registration doesn’t takes place in the first quarter of the opening year, the annual fee is prorated correspondingly. If a representative office stands for more than one foreign company, a supplementary fee of 10% must be disbursed for every one of the represented business. more…
Romanian Special Permits and Licenses
RoLegal Law Firm has helped an important number of foreign clients to establish their businesses in Romania. Our lawyers in Romania not only provide assistance for the formation of new Romanian companies or Romanian branches of existing foreign corporate entities but also with the entire process of a company start-up in Romania. more…
Shelf Company Romania
Ready made companies, are simply standard limited companies that RoLegal Law Firm has registered for your benefit and convenience. With a ready made company you can take control instantly, which is really useful if you need to register a company before a particular date. more…