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Legal Developments - Law Firm Thought Leadership by Pavel, Margarit & Associates Romanian Law Firm

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The Schengen Effect: Legal benefits for companies in Romania

Pavel, Margarit & Associates Romanian Law Firm | January 31, 2025

Romania’s accession to the Schengen Area brings multiple economic and legal benefits for existing companies, as well as for entrepreneurs who wish to start up business in Romania,

Major changes for business activity codes in Romania

Pavel, Margarit & Associates Romanian Law Firm | January 28, 2025

The current NACE codes in Romania (classification of economic activities in Romania) nomenclature came into effect on January 1, 2025.

Tax updates in 2025 for Romanian companies

Pavel, Margarit & Associates Romanian Law Firm | January 28, 2025

A series of tax updates in Romania came into effect in 2025 through Emergency Ordinance no. 156/2024, primarily targeting every Romanian company in their dealings with the tax authority in Romania.

Tax updates in 2025 for Romanian companies

Pavel, Margarit & Associates Romanian Law Firm | January 24, 2025

How the new tax updates will affect businesses in 2025? A series of tax updates in Romania came into effect in 2025 through Emergency Ordinance no. 156/2024, primarily targeting every Romanian company in their dealings with the tax authority in Romania.

Restricting the advance payment to the real estate developers in Romania – Maximum 10% – Draft Law

Pavel, Margarit & Associates Romanian Law Firm | January 16, 2025

In 2024, more and more real estate developers in Romania are building properties, making the real estate market in Romania continuously expand.

Elimination of Court’s approval for forced execution in Romania and how to enforce a court decision more easily

Pavel, Margarit & Associates Romanian Law Firm | December 23, 2024

One of the most significant legislative changes proposed at the end of 2024 is the removal of Court’s approval for forced execution in Romania when it involves court decisions.

Start your own company in Romania online in 2025

Pavel, Margarit & Associates Romanian Law Firm | December 16, 2024

Setting up a business in Romania has become an increasingly simple process, thanks to digitalization and online working programs.

Transform your business. How to change the company legal form in Romania?

Pavel, Margarit & Associates Romanian Law Firm | December 11, 2024

Business lawyer in Romania. Changing the legal form of a Romanian company.

Important for Businesses – The NACE classification changes starting January 2025

Pavel, Margarit & Associates Romanian Law Firm | December 10, 2024

In the context of economic changes and alignment with European standards, the Government of Romania has adopted a resolution facilitating the update of NACE codes in Romania (classification of economic activities in Romania) by introducing the revised version, NACE Rev. 3.

Civil lawyer in Romania. How can you obtain civil status documents in Romania through a lawyer?

Pavel, Margarit & Associates Romanian Law Firm | December 4, 2024

The Romanian Law 119/1996 represents the normative act regulating the legal framework for civil status documents in Romania and the procedures for their issuance.

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