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Recovering Your Romanian Investment

Companies have been formed in the past for many reasons in Romania. Over the past few years the Romanian Trade Registry has endeavoured to clean up the number of Romanian dormant or non-trading companies which had been set up in the first flush of a free trade economy as shown on the register. In many [...]

Penalties – Not The Football Kind

Now to some people in Romania penalties only relate to rugby or football.  But to a lawyer they have a more significant role in contract law. We have noted in the past the confusion regarding penalties not only in the minds of investors from the United Kingdom and the United States of America but also [...]

Romanian Business Angels to Appear

The Business Angel law has now been introduced into the Romanian legal system. Whether it will stimulate investment in new ventures is a question which still has to be answered. It is a step taken by the Government to try and bring new investment into the market. Law no. 120/2015 regarding fiscal facilities granted to [...]

Residency procedure for non EU citizens in Romania

Romania as the most eastward of the countries in the European Union receives each year a number of applications for residency from non EU citizens.  Romania is open to granting residency subject to strict guidelines and laws. The legal framework regarding the possibility to reside in Romania for non EU citizens is established in accordance [...]

By | January 12th, 2015|Categories: All posts, European Union case law, Romanian Business, Romanian Law|1 Comment

Thoughts of a Junior Lawyer

I thought this week you might be interested on some of the views and experiences of a junior lawyer  who has transitioned to a senior lawyer in Romania.  I did not edit that much. "I remember my first days at work as a junior lawyer, and I must say that I will never forget my first week at [...]

By | January 4th, 2015|Categories: All posts|0 Comments

What Is Really Going To Happen In 2015

Today (Monday) is the first business day of a new era for Romanian business and Romania. Yesterday saw the swearing in of the new Romanian President Klaus Johannis. It was the end of the era of President Basescu; it was also the 25th anniversary of the Revolution in Bucharest. Much has been written about this day 25 years ago [...]

By | December 22nd, 2014|Categories: All posts, Romanian Social Issues|Tags: , |0 Comments

Is it Worth Investing in Romania?

Despite all their market research and inquiries clients still ask me the question "Is it worth investing and doing business in Romania"? This is of course a difficult question to answer and the answer will change over a period of twelve months. It is also very subjective. Had this question been asked of me at the beginning of [...]

International Marriages

Family law in Romania for non Romanians is one of the more complicated areas of law, especially if you come from a common law country. This is I believe why we are often asked to give advice on inheritance law in relation to unions between Romanian and non-Romanian citizens. This is why one of the changes introduced in 2011 [...]

A Young New Romania

The result of the Presidential election last week was not unexpected but was a surprise.  Since 1990 when I first came to Romania to practice law in Romania there have been many false dawns.  Each time there has been an election we hoped that there would be some change; although unfortunately in most cases this [...]

Cloudy Questions

How secure is your information uploaded in the cloud? How many people upload data into the cloud and how many of them have ever stopped to consider the safety of the information uploaded or the compliance requirements with the laws regarding data protection. Even though the use of Cloud services is becoming more widely spread, the Cloud raises several [...]