How Is a Cross-Border Inheritance Settled?
Legal guide for successions with international elements In a world of increasing mobility, it is increasingly common for an inheritance to involve assets in multiple countries or for a death to occur in a foreign state. In such cases, questions arise such as: which is the applicable law, what procedure is required, and what role does a will lawyer or a probate lawyers play? A trusted inheritance …
Continue reading “How Is a Cross-Border Inheritance Settled?”
What are the most important challenges of the preventive concordat?
What are the main stages of the preventive concordat procedure? A preventive concordat (judicial pre-insolvency arrangement) is an effective legal solution, providing a regulated framework for debt restructuring and the avoidance of insolvency proceedings in Romania. However, this restructuring proceeding in Romania is not without significant challenges. The preventive concordat in Romania is governed by Law 85/2006, and correctly completing each stage …
Continue reading “What are the most important challenges of the preventive concordat?”
Institutional Transition, Legal Response: What Companies Can Do Amid a Changing Legislative Climate
Essential legal strategies for companies in periods of legislative instability During periods of institutional transition, companies face an increasing need for legal adaptation, especially in the context of legislative changes. In this framework, collaboration with a business lawyer, a commercial lawyer, or a corporate lawyer becomes essential to navigate legal challenges and prevent the emergence …
New taxes and legislative changes from the perspective of a tax lawyer in Romania
A major legal test for companies in Romania The multitude of tax changes in Romania and legislative reforms announced by Romanian authorities for the second half of 2025 and early 2026 represents a major legal challenge for the business environment. From increasing sector-specific taxes to redefining eligibility criteria for micro-enterprises, companies are compelled to urgently …
Continue reading “New taxes and legislative changes from the perspective of a tax lawyer in Romania”
Justice in Transition? How Leadership Shifts May Impact the Business Landscape
Reforms can bring both risks and opportunities for companies. How market players can prepare legally In times of institutional transition or shifts in the vision of the judicial system, companies must be prepared to manage the associated uncertainties. Such moments require a clear understanding of reforms that may have indirect effects on how justice functions, …
Continue reading “Justice in Transition? How Leadership Shifts May Impact the Business Landscape”
Legal Analysis: VAT Increase in Real Estate – Who Pays the Difference and Who Can Take Legal Action
The Real Estate VAT Crisis: Fiscal Impact, Contractual Liabilities, and Legal Solutions Starting August 1st, a tax increase will come into effect, raising the vat rate from 9% and 19% to 21% for new residential properties regardless of their value. This change has caused unrest in the real estate market and raised numerous questions regarding the applicability of the new …
Tensions Between Shareholders in Difficult Economic Times: What the Law Says and How a Commercial Lawyer in Romania Can Help
Partnership Agreement: How to Prevent Shareholder Conflicts in Times of Crisis In today’s economic climate, more and more entrepreneurs choose to enter into a general partnership to start a company. One may become a shareholder by contributing to the share capital of a newly established company, by acquiring shares through assignment, or via inheritance. Regardless of how …
The Wave of Financial Arrears Hits the Romanian Economy. How Can Companies Recover Outstanding Amounts Quickly and Legally (Statistics)
How to Protect Your Financial Rights and Recover Funds Using an Effective Legal Strategy In an increasingly uncertain economic climate, protecting a company’s financial interests is no longer optional—it is a necessity. Businesses across Romania are facing a growing wave of unpaid claims, and without early legal intervention, these delays can result in significant losses.
The Land and Property Crisis in Cities: Neighbor Disputes, Cadastral Issues, and City Hall Refusals
Legal Challenges in Real Estate The rapid urban growth and continuous expansion of construction in major Romanian cities generate an increasing volume of real estate disputes, neighbor disputes, boundary conflicts, and administrative blockages. From the perspective of a law firm specialized in real estate, such problems require firm legal interventions based on the current legislative framework.
Reduction of the tax for microenterprises – legal solutions for entrepreneurs at company incorporation or for existing businesses
Essential legal assistance for an efficient transition to the microenterprise tax regime Starting with 2025, the fiscal regime applicable to microenterprise has undergone significant changes, marking a reduction in the tax level for microenterprise, a measure that can bring benefits to entrepreneurs, especially those who are starting their journey or looking to optimize the structure of their existing company. …