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- Setting up a company in Romania
- Create a Romanian Joint-Stock company
- Types of Romanian Companies
- Romanian representative office or company branch
- Registering a Romanian Micro-Company
- Buying a Romanian Company
- Permits & licenses
- Incorporating a European Company
- The Trade Register
- Contract Law in Romania
- Romanian Administrators
- Liquidating a Company
- International Contracts
- Romanian Shelf Company
- Authorized Physical Person
- Property Tax in Romania
- The Romanian Land Registry
- Purchasing real estate
- Conditions for foreigners to buy Romanian properties
- New conveyance VAT
- The Recuperation of Properties
- New Minimum Corporate Tax
- Deductibility Regulations
- Avoid double taxation (e.g. Romania - UK)
- Paying taxes
- Repatriate profits
- Anti-Crisis Measures
- The Romanian Power of Attorney
- Import-Export in Romania
- Romanian Public Notaries
- The Arbitration Court
- About Legal Executors
- Recognition of Foreign Judgments
- Dismissal of employees
- Non-Profit Organizations
- Labor Law in Romania
- A guide: Romanian Courts
- Incentives for investments in Romania
- Debt Collection in Romania
- Trademark Registration
- Trial Phases in Romania
- About Romanian Lawyers
Hiring Romanian employees implies signing an Individual
Labor Agreement and depending on certain factors, a Collective Labor Agreement.
The Individual Labor Agreement is a specially regulated agreement
concluded in written form with each respective employee. This type of agreement
is formed of 2 parts, respectively: 1) A mandatory part which contains the
rights and obligations expressly stipulated by the law in effect and 2) A conventional
part which contains rights and obligations established by the parties.
An Individual Labor Agreement shall contain clauses related to the following
issues:
a) Duration of Contract – The rule is to conclude the Labor Agreement for an
undetermined period of time, however signing Agreements for determined periods
of time can be done as an exception;
b) Working Location – City and Unit where actual work takes place;
c) Type of Work;
d) Working Conditions;
e) Salary;
f) Working Hours.
Besides the above, the Individual Labor Agreement can contain specific clauses
related to professional formation of employees,
mobility, confidentiality etc.
The Individual Labor Agreement must be registered by the employer with the
Romanian Local Labor Inspectorate within 20 days from the date is has been
signed.
If an employer has at least or more than 21 employees then the employer must
start negotiations for the signing of the Collective Labor Agreement with the
employees for determining working conditions, payment and other rights and
obligations resulted from labor relationships. The clauses stipulated by the this Labor Agreement are
regarded as minimal when compared to those contained in the Individual Labor
Agreement, in other words the employee’s rights cannot be established at an
inferior level than the one in the Collective Agreement. This type of agreement
concluded at the Unit’s level must be registered with the Directorate of Labor,
Social Solidarity and Family at the respective county level.
Collective Labor Agreements concluded at a higher level (groups of Units,
activity branches or national level) shall be registered with the Ministry of
Labor, Social Solidarity and Family.
Related Links:
BridgeWest - Recruitment Companies in Romania
We have exceeded 100 incorporations of Romanian companies having foreign shareholder structures. We offer complete legal assistance for any type of Romanian company formation including Romanian SRL (LLC) or Joint-Stock (SA) registration, office address and general advice for matters related to taxation, Labor regulations as well as on-going assistance after the formation of the company.
