This is especially troublesome when shareholders aim to regain full ownership of the company.

Much of the discussion has focused on the postponement of the rules applicable to high-risk AI systems. While this is undoubtedly the most significant change for companies, it is far from the only one. The Digital Omnibus also amends a number of substantive AI Act requirements, while confirming that several important obligations continue to apply from 2 August 2026.

The Companies Law expressly permits claims against the validity of certain corporate resolutions with respect to shareholder decisions.

The corporate functioning rules for joint stock companies have been repeatedly altered by Romanian legislation, especially in relation to the governing structures of companies, such as shareholders' assemblies and management bodies.

The squeeze-out of minority shareholders in closely held companies is one of the most controversial issues in Romania, having led to many debates both in and out of court.

Of the five types of corporation that may be established under Romanian law, joint stock and limited liability companies ...

In the context of the restrictions imposed by the authorities in Romania to prevent the spread of COVID-19, the government has enacted Government Emergency Ordinance 62/2020.

Law No 21/1996 on competition (the Competition Law), as further republished and amended;

The law recently published in the Official Gazette no. 1160 of 15 December 2025 brings important changes to tax and corporate legislation.

Regulation no. 12 of December 18, 2020 on the authorization of credit institutions and amendments pertaining to the same (the "Regulation 12/2020") issued by the National Bank of Romania...

In follow-up to our summary regarding the preliminary evaluation for the banks' authorisation, as detailed in Regulation no. 12/2020 on the authorization of credit institutions...

Some Considerations on Overcoming Difficulties in Business Relationships

On July 26th, 2022, Law no. 265/2022 regarding the Trade Registry and for amending and supplementing certain legal enactments impacting the registration in the Trade Registry has been published in the Official Gazette of Romania ("Law 265/2022").

La 5 aprilie 2013 a intrat in vigoare Legea nr. 72/2013, privind masurile pentru combaterea intarzierii in executarea obligatiilor de plata a unor sume de bani rezultand din contracte incheiate intre profesionisti si intre acestia si autoritati contractante ("Legea"), ce a fost publicata in Monitorul Oficial, Partea I nr. 182 din 2 aprilie 2013.

The competent merger control authority in Romania is the Romanian Competition Council ("RCC").

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.

Franchising Comparative Guide for the jurisdiction of Romania, check out our comparative guides section to compare across multiple countries

Mergers & Acquisitions Comparative Guide for the jurisdiction of Romania, check out our comparative guides section to compare across multiple countries