Romanian law firm

/Tag:Romanian law firm

Romanian Employment Regulations

Being an employer in any jurisdiction seems to become more complicated as time goes on. I was recently reminded of this when we were advising an international client of the Firm on employment issues in Romania. The Client wished to be fully compliant with Romanian law and practice. As it plants and offices [...]

Redundancy Revisited

Although Romania is going through a period of economic expansion there are still occasions where for a variety of reasons including economic reasons it is necessary for an employer to make employees redundant. This situation of redundancy is covered in the Romanian Labour Code. According to the Code, an employee maybe dismissed in the case [...]

Residence and Work permits for Non EU Citizens

With the increase of foreigners wishing to come to Romania and Europe to work we are ask regularly as to what is the position for non-EU citizens concerning work permits and residency. The position of the employment of Non-EU employees is governed in Romania by the provisions of EU Directive 2011/98/EU and Romanian government emergency [...]

Romania and the New Insurance Directive

After much debate and discussion the European Parliament and the Council have issued the recast Directive on Insurance Distribution. EU Directive 2016/97 (“Directive”) was issued on the 20th January 2016 and was published in the Official Journal of the European 2nd February 2016. The provisions of the Directive coming into effect 20 days after its [...]

How Can Your Lawyer Help Protect You in Romania?

The use of lawyers in Romania has in the past has often been limited to using them for legal advisory and court work. Most clients should consider using their lawyers in other fields in Romania. They should be used not only for legal matters but for commercial matters which have a legal angle. When asked [...]

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 [...]

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 [...]

Have You forgotten About Your Romanian Investment?

During the last period we have received enquiries concerning property transactions and property led transactions all of which arose out of property purchases prior to 2009. Many investors both foreign and local made purchases during those times which they now regret.  The reasons for this regret are many but they now have to deal with [...]

Contract Negotiating Romanian Style Part 2

The previous post dealt with contracting with Romanian private companies, and now I want to look at the position in relation to State companies.  Despite over 20 years of "capitalism" much of Romanian industry and resources are still in the hands of companies that are either Government owned or Government controlled.  Unless your business can [...]

Amendments to Romanian Employment Law

One of the biggest complaints about Romania which we Romanian lawyers hear from clients concerns the constant changing of legislation.  This is not only applicable in the field of taxation and finance but also in other areas which affect business.  True to form a new law has been issued amending the Labour Code. The Romanian [...]