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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
Romanian executors activate under the supervision of local Courts. The
territorial competence of executors located in Bucharest is applied throughout
the entire municipality. While executors mainly have the role of enforcing Court
Decisions, complete attributions include:
a) Enforce the dispositions having a civil character of enforceable titles;
b) Notification of legal and non-legal documents/requests;
c) Communication of procedure notifications;
d) Amicable recuperation of debts;
e) Applying insurance measures decided by the Court of Law;
f) Official taking into account of certain situations having legal effects;
g) Drafting certain documents related to the recuperation of debts;
h) Drafting the “protest” of non-payment of checks and similar payment methods.
The activity of Romanian executors takes place in an office
location where one or more executors can activate as associates, with the
obligation of maintaining an archive and registration. The archive is considered
a property of the State and has to be maintained per the dispositions of the
Law.
The number of executors is established and updated annually by the Ministry of
Justice, through consulting with the National Union Counsel of Executors, per
the practical requirements related to each respective area, in a manner to
provide at least one executor for a number of 15.000 inhabitants. The number of
executors activating under the supervision of a Court cannot be less than 3.
All the documents drafted by the executors must be in the Romanian language. The
executor will in most cases draft minutes for each legal proceeding, one copy
being kept by the office, while the Court and those with interest in the case
will each be provided a copy.
We have exceeded 150 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.
