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ARTICLE · 06 OCTOBER 2017

Romanian Corporate Vehicles

Buzescu Ca
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The legal vehicles mostly used by the investors in Romania are the limited liability company (LLC), joint stock company (JSC), the branch, and the Representative Office.

RomaniaCorporate/Commercial Law
Buzescu Ca
Buzescu Ca

CORPORATE VEHICLES

The relevant Romanian corporate laws and regulations are:

  • Company Law no. 31 of 1990 as amended
  • Law no. 26 of 1990 regarding the Trade Registry
  • Methodological Norms of 2008 regarding the application of Law no. 26 of 1990 regarding the Trade Registry
  • Decree-Law no. 122 of 1990 regarding the Authorization and Operations of the Representative Offices of Foreign Companies 
  • Romanian Civil Code

The following vehicles are regulated under Romanian law:

  1. joint stock company;
  2. limited liability company;
  3. general partnership;
  4. limited liability partnership;

In addition to the above-mentioned vehicles, which have legal personality, the branches (which are mere extension of the parent company) and the Representative Offices are also regulated by law.

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