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.
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.
De mai multe ori întâlnim un caz în care un cetățean israelian a lăsat în urmă proprietăți în România, fie că este vorba de conturi bancare, active sau imobile. În aceste cazuri, apar multe întrebări. Ar trebui să se elibereze un titlu de moștenire în România? Este suficient să traducem ordinul de moștenire sau ordinul de întreținere a testamentului israelian? Sunt aceste documente valabile chiar și în România? Este nevoie de o traducere legalizată sau este suficientă o traducere simplă și am nevoie de apostilă?
A specialist's due diligence is highly recommended for foreign people who wants to acquire ownership over an asset in Romania. We can assist. Call us.
According to Romanian law there are several types of companies which can be established depending on the business that the client wants to do. Need to incorporate a company in Romania? Call us and we will assist.
The Romanian real estate market today offers many real estate options for all budgets. what steps are required to purchase an apartment in Romania and what you should check before signing the contract.
Bucharest is an old city, so many buildings are at risk of collapsing in an earthquake. Do you have any options if you want to purchase an apartment in a dangerous building?
In Romania, it's important to obtain a town planning certificate when buying a plot of land in order to find out how the land was classified and whether it can be developed.
Is there a process for selling a plot of land or an apartment in Romania? Are there any permits that need to be obtained?
A list of the most important points to check when renting a property in Romania.
The experts of our law firm handle the most difficult cases in light of the extensive experience thanks to over 15 years of experience in the citizenship process.
In the last years more and more Israeli citizens wish to regain their lost Romanian citizenship or to gain it relying on their Romanian born ancestors' rights.