For the updated version of this article, please check DIVIDENDS TAX ROMANIAN COMPANY How can dividends be explained more precisely and what is the Romanian law governing their distribution in a Romanian company? Dividends represent the share of profit that
Some of the most important issues and questios about franchises, answered by our Romanian lawyers. What is a franchise? The franchise is in fact an operation, a contract whereby the franchisor (the franchising company) grants the franchisee the right to
Our lawyers in Romania present am amendment to Law no. 31/1990. Main legal provisions Law no. 31/1990 on companies involved: Art. 14. – (1) A natural person or a legal person may be a sole shareholder only in a single
What is the law that regulates the jurisdiction of the Romanian courts and to which types of cases do these provisions apply? The law governing the international jurisdiction of Romanian courts is the new Romanian Civil Procedure Code. These provisions
Any investor wishing to open a business in Romania will have to undergo a number of steps, with some investment of money, but especially of time in the process. When it comes to how easy this is, Romania ranks 62
What is the law which governs the offense of money laundering in Romania? Money laundering offenses are governed by Law no. 656/2002 on preventing and sanctioning money laundering, and the establishment of measures to prevent and combat terrorism financing, republished
