Law 223/2020, published on Nov 2nd changes Law 31/1990 of the companies as following: • The 30 days term to oppose a sale of shares has been canceled • The sale of shares to a 3rd party must be approved by at least ¾ of the shareholders unless the Articles of Incorporation provides less • The minimum share capital of an Ltd is 1 leu • The prove of capital deposit is no longer required to register an Ltd. The contract for the registered office use is no longer due to be previously registered with the tax authorities.
Blog A conversation on loyalty, growth, and the power of kindness In a world where careers often move at lightning speed, finding someone who has dedicated two decades to a single mission is… Read more
Tax Alert Emergency Ordinance (OUG) 8/2026 to approve actions for Economic Recovery has entered into force The main provisions in the area of tax legislation are: A. CORPORATE INCOME TAX • An additional mechanism to stimulate investment in… Read more
Tax Alert The second package of fiscal measures has been published in the Official Gazette Emergency Ordinance No. 89/2025 introduces the following changes: Tax Law Amendments • The minimum turnover tax (applicable to companies with a turnover… Read more