The conciliation is a procedural institution governed by art. 720 index 1 from the Civil Procedure Code – according to the Romanian law

According to this article: (1) " In commercial trials and claims which are valuable in money, before introducing the petition in front of the Court, the plaintiff shall try to solve the litigation by means of direct conciliation with the other party."

1/1/1900
Articles

PENSIONS GRANTED BY ROMANIAN STATE TO PEOPLE WHO WERE PERSECUTED BECAUSE OF POLITICAL AND DICTATORSHIP REASONS

The pensions ( better said compensation) to which the present article refers, are given by the Romanian State to people who are, in our case, Israelis but also Romanian citizen – this latter fact being proved by the Romanian valid passport.

1/1/1900
Articles

DIVORCE CASES UNDER THE ROMANIAN LAW

The dissolution of marriage through divorce is a legal means by which the marriage is ended according to the decision of the court of law, when due to certain serious reasons, the relationship of the spouses is seriously impaired and it is no longer possible to continue the marriage.

1/1/1900
Articles

THE APPLICABLE LAW IN CASE OF CONFLICT BETWEEN ROMANIAN LAWS AND INTERNATIONAL LEGISLATION

According to the dispositions of the Constitution of Romania, regarding the relation between the international legislation and the internal (national) law, the Romanian state undertakes to fulfill exactly and in good faith, the obligations deriving from the international treaties it is party to.

1/1/1900
Articles

TEN COMMANDMENTS TO RENT A REAL ESTATE IN ROMANIA

If the lease is intermediated by a real estate agency, the tenant shall negotiate with the agency a fixed fee, not a percentage of the rent price, because in the latter case the agency will be rather interested in receiving a higher fee than in presenting him a convenient offer

1/1/1900
Articles

HOW AN INDIVIDUAL IS TAXED IN ROMANIA

Acording to the Romanian law,and respectively to the Romanian Fiscal Code, as it completed with other laws, an individual is subject to the following taxes

1/1/1900
Articles

Reduced VAT rate of 5% - a solution to encourage the sale and purchasing of new homes in Romania

According to the Emergency Ordinance 200/2008 issued by the Romanian Government, the individuals (unmarried or family) may benefit of a reduced rate of VAT of 5% on the purchase of a single home in such conditions regarding the tax, only if they cumulatively meet the following conditions

1/1/1900
Articles

DIVORCE PROCEDURE IN ROMANIA

According to the Romanian law, marriage can be terminated by divorce in the following cases

1/1/1900
Articles

PROCEDURA DE DIVORT IN ROMANIA

Conform legislatiei din Romania, casatoria se poate desface prin divort in urmatoarele cazuri:

15/9/2014
Articles

What is the legal procedure of transfer of shares in the Romanian Trade Registry?

Is it possible to make the share transfer only with the request of the perpetrated without the appearance or approval of the transferee for the transfer?

1/1/1900
Articles

Company shares instead of payment in exchange for services- is it recommended when one is doing business in Romania

A foreign business men arrived to Romania and was offered a "once of a life time deal"- instead of money the company will pay him with shares of another company that the company holds in part.

1/1/1900
Articles

Reduced VAT rate of 5% - a solution to encourage the sale and purchasing of new homes in Romania

According to the Emergency Ordinance 200/2008 issued by the Romanian Government, the individuals (unmarried or family) may benefit of a reduced rate of VAT of 5% on the purchase of a single home in such conditions regarding the tax, only if they cumulatively meet the following conditions:

1/1/1900
Articles

TEN COMMANDMENTS TO RENT A REAL ESTATE IN ROMANIA

If the lease is intermediated by a real estate agency, the tenant shall negotiate with the agency a fixed fee, not a percentage of the rent price.

1/1/1900
Articles

THE CHILD’S SUPPORT UNDER THE ROMANIAN LAW

Criteria for determining the value of the child’s support for the minor child resulted from marriage

1/1/1900
Articles

PRENUPTIAL AGREEMENTS AND THEIR VALIDITY UNDER ROMANIAN LAW

At present, in Romania cannot be concluded prenuptial agreements, because ”there is no legal basis”. Therefore, under the current law, such an agreement is considered void.

1/1/1900
Articles

The Convention for the avoidance of double taxation and the prevention of fiscal evasion concluded between Romania and Israel

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.

1/1/1900
Articles

CONVENTIA PENTRU EVITAREA DUBLEI IMPUNERI INCHEIATA INTRE ROMANIA SI ISRAEL

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.

1/1/1900
Articles

THE CONVENTION FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION CONCLUDED BETWEEN ROMANIA AND BULGARIA

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.

1/1/1900
Articles

THE INHERITANCE PROCEDURE UNDER THE ROMANIAN LAW

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.

1/1/1900
Articles

EXTRADITION FROM ROMANIA

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.

1/1/1900
Articles

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