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Romania and Israel have concluded on June 15, 1997, the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Romania si Statul Israel au incheiat la data de 15 iunie 1997 Conventia pentru evitarea dublei impuneri si prevenirea evaziunii fiscale cu privire la impozitele pe venit.
Romania and Bulgaria have concluded on June 1, 1994 the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital.
Under the laws of Romania, the inheritance procedure (respectively the transfer of the property of a deceased person to his heirs), can be done in front of the Notary Public or by the court.
Extradition is a form of international judicial cooperation in criminal matters, consisting in the procedure by which a sovereign state )state) agrees to surrender to another State (the requesting state) a person within its territory and who is being prosecuted or sent to court for a criminal offence or is wanted for execution of a sentence in the requesting State. Extradition has the purpose to avoid circumvention of the criminal liability of persons who have committed a crime in one state and refuge on the territory of another state.
The transferee must not hold the position of a sole shareholder in other limited liability Romanian company, in case he wants to acquire all the shares of a limited liability company, becoming its sole shareholder.
Romanian passport may be obtained by anyone who is a Romanian citizen. According to the Law 21/1991 regarding the Romanian citizenship, Romanian citiznship can be acquired by: 1. birth 2. adoption 3. granted at the applicant’s request, in compliance with the dispositions of the Romanian law. 1. Aquiring Romanian citizenship by birth There are Romanian citizens those who were born in Romania and their parents are Romanian citizens. There are also Romanian citizens those who: a.) were born on the territory of the Romanian stat
The program "First House" is one of measures anti-crisis initiated by the Romanian Government to support certain business sectors, aiming to encourage the granting of bank loans, the construction activity, with effects on economic growth and on creating new jobs and facilitate access of individuals to the acquisition of residential houses.
Under the laws of Romania, the co-ownership can cease by voluntary partition, or, in case the parties do not come to an agreement, by judicial partition, when the court decides upon the division of common property between the co-owners.
In accordance with the laws of Romania, in order to erase a limited liability company from the Trade Register, there must be completed three stages:
Romania is a country which has vast opportunities in the real estate field.
