How to obtain an EORI number in Romania

Starting July 1, 2009, all the economic operators involved in import, export and transit in the European Union are obliged to obtain an Economic Operator Registration and Identification (EORI) number. The economic operators are defined as all the legal entities performing businesses regulated by the EU Customs legislation. This means…
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The Civil International Trials in Romania

What are the rights of foreign citizens in an international lawsuit according to the legal provisions in Romania? Foreign natural and legal persons own the same procedural rights and obligations as Romanian citizens or legal persons before the Romanian courts. Foreign citizens benefit from relief and tax cuts and other…
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EORI number assignment in Romania

I would like to start carrying out import-export activities in the European Community and I would like to obtain some information about the EORI number. The EORI number is a unique number within the European Community which is used in all customs operations carried out in this territory. The implementation…
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Physical Office in Bucharest

Question: Do I need to have a physical office for my Romanian company? Answer: Lately, most startups prefer to start their business in an online environment, due to reduced costs and convenience, and also due to the fact that they can remotely access new markets all around the world. Still,…
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The European Arrest Warrant (EAW) in Romania

What is the European arrest warrant and what is the law that governs this institution in Romania? The legal framework regarding the EAW in Romania is Law no. 302/2004 on international judicial cooperation in criminal matters, republished in 2011. Under this law, the European arrest warrant is defined as a…
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Crimes and offenses regarding free trade areas in Romania

What is the free zone of Romania more precisely and what is the Romanian law which governs the activities carried out in this area? I would also like to know more about who exercises control and supervision of the free zone. A free zone is a geographical part of Romania,…
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Buy land in Romania

Are you a foreign national interested in purchasing land in Romania? Read below a number of questions of interest answered by our lawyers in Romania. How can I buy land in Romania? The first step in buying terrain is made by the seller, who must register a request at the…
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Lawyers: Tax Evasion in Romania

What is the law that sanctiones the tax evasion acts committed in Romania? The Romanian law governing and sanctioning the acts of tax evasion in Romania is Law no. 241/2005 for preventing and combating tax evasion, establishing measures to prevent and combat tax fraud and crimes that are related to…
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The separation of property regime in Romania

What does the regime of separation of property refer to? The regime of separation of property is governed by the Romanian Civil Code, in art. 360 - 365. According to art. 360, the regime of separation of property implies each spouse to have ownership of the assets that were acquired…
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Buy shares in a Romanian company

How can I buy shares in a Romanian company? The acquisition of shares in a Romanian company on the Bucharest Stock Exchange (BSE) can be made through specialized companies ( Financial Investment Services Companies) or by making a public offer to buy. You can find the full list of such…
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