Answers to common questions

What is the governing law of a contract signed with a Romanian party? The Law stipulates the applicable law must be expressly mentioned or result in a clear manner from its content or circumstances. Read more...

How does a Romanian Court decide the governing Law of a contract? The main criteria is applying the law of the state which the contract has stronger ties with. This is a more recent solution, an influence of the Anglo-Saxon law (the notion regarded as “proper law”). Read more...

Is there any way to recuperate communist-confiscated property if no request has been made until now? Persons who have exceeded the legal time limitation for the notification could start a “common law procedure”, respectively sue the Romanian authority. A recent Decision of the High Court of Cassation and Justice can be interpreted however that notifications exceeding the time limitations as mentioned above will indeed be denied by Courts in the country. Read more...

Our website contains more information on how to: Incorporate a Romanian Company, Set up a Company Branch, Register a Romanian Micro-Company, Purchase Shares in a Romanian Company, Repatriate profits earned in Romania, Pay taxes for a Romanian Company, Avoid Double Taxation, Liability of Romanian Administrators (Directors), Hiring Romanian Personnel

Recent Articles

Governing Law of Contracts signed with a Romanian party.

As the Romanian Civil Code allows the parties to establish the content of a contract, it is obvious that in the case of an international contract, they could choose the applicable law in the contract. Read more...

The Recuperation of Properties confiscated by the Communist Regime.

The Romanian Law stipulates that property illegally confiscated by the Communist Regime in Romania, in the period between March 6th 1945 and December 22nd 1989, shall be physically returned or an equivalent value shall be paid, in the case where restitution in nature is not possible. Read more...

News

 Enescu & Cuc Law Firm has initiated an online survey targeted at foreign investors and their representatives in Romania in order to discover the problems they encounter in the country’s business environment, accessible at www.RomanianLawOffice.com/survey. The results will be communicated to press institutions as well as to the authorities in an effort to create a better business environment.

Contact Enescu & Cuc Law Firm: Phone/Fax: +40 21.232.14.99 or +40 21.232 14 88 Mobile: +(4)0744 156 374 Website: www.RomanianLawOffice.com.