What Is The Current Romanian Corporate Taxation Regime?

A standard question of any potential foreign investor in Romania is, what is the current situation in Romania regarding the taxation of companies.  To assist potential investors, we have prepared a short note which outlines the basic principles of the taxation regime for companies and individuals.  This note is not intended to provide an answer […]

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Some Matters to Consider on Acquisitions in Romania

Once a decision has been made to purchase an asset in Romania be it the business of a company or shares in a Romanian company other considerations then enter into the equation.  As most lawyers and general counsels know, commercial decisions are made and then it is the lawyers job to implement such decisions.  One […]

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Some Matters to Consider on Acquisitions in Romania

Once a decision has been made to purchase an asset in Romania be it the business of a company or shares in a Romanian company other considerations then enter into the equation.  As most lawyers and general counsels know, commercial decisions are made and then it is the lawyers job to implement such decisions.  One […]

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Hiring An Employee Difficult?

Romania currently has one of the most employee friendly legal regimes in the European Union.  We are often asked to advise on the problems in terms of restructuring and dismissal of employees.  Whilst not as employee friendly as France or Italy Romania comes very close behind. For all employers the question of employee protection and […]

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Cybercrime is growing. Attorney Gabriel Albu about cyber attacks and safety measures, at Profit News

Cybercrime has become an increasingly imperative topic for business environment. Businesses are being targeted by hackers more than individuals. However, safety measures are available for both categories – companies and individuals, requiring only attention, time and some resources. What measures should businesses and individuals adopt and, most importantly, what should they pay attention to? Our […]

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Globalaw lawyers Help Ukrainian Refugees

To help deal with the huge influx of Ukrainian refugees, the law firms of Globalaw, the international law network are joining forces to advise refugees how to best and most efficiently legalize their stay and complete all underlying formalities.  Watch this space for information on the opening of help desks in Globalaw member firms.  In […]

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Share Capital Increase by Converting the Debts

Why Increase share capital by converting loans into sharesWhen a company is in the start-up stage, cash flow problems may exist and liquidity is needed for the company to operate. Although there are sources of financing available companies often choose to capitalise a loan from shareholders or associates, or even third parties. What is the […]

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Albu Legal joins IR as the exclusive White Collar Crime member in ‘jurisdiction’

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Gabriel Albu of Albu Legal. Gabriel has joined IR as our exclusive White Collar Crime member in Romania. ‘ Albu Legal is a boutique law office launched on the market at the beginning of 2020 by attorney Gabriel Albu, one of the well-known […]

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Albu Legal Joins IR As The Exclusive IR Advisor For White Collar Crime In Romania

IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Gabriel Albu of Albu Legal. Gabriel Albu has joined IR as our exclusive White Collar Crime member in Romania. Albu Legal is a boutique law office launched on the market at the beginning of 2020 by attorney Gabriel Albu, one of the well-known […]

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What is a Romanian Micro company?

Romanian micro companies are still attracting interest from potential foreign investors.  Micro companies are companies incorporated in accordance with Law 30/1990 Companies law as Limited Liability Companies (“SRL”) and therefore from the legal perspective they are no different from other Romanian SRL companies except in the realm of taxation.  For companies qualified as microenterprises under […]

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