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Romania in Schengen as of 31 March 2024

#Romania #Schengen The Council of the EU has adopted on 30 December, the Decision on the application of the Schengen acquis in Romania and Bulgaria. From 31 March 2024, there will no longer be checks on persons at EU internal air and…

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Romanian Citizenship by descent for Jewish

Citizenship by descent comes with a personal history, one belonging to each of our client. Our client from today didn’t have any birth certificate from his deceased mother, who was born in a city in Neamt county, Roman. Our team…

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EU Commission gives a heads up to the Council for allowing Romania and Bulgaria to join Schengen in 2023

The European Commission underlined that maintaining the EU’s internal borders with Romania and Bulgaria has economic and environmental consequences for both countries and for the EU bloc as a whole, in its second report on Schengen 2023 published on 16…

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ROMANIANS IN CANADA

The vast majority of the first wave of Romanian emigrants to Canada arrived in the New World before the First World War, between 1907 and 1913, mainly for economic reasons. Some of them, fewer in number, came to Canada to…

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Paying the share capital after incorporating a company in Romania

The companies’ law has been recently amended, the limit of the subscribed share capital of 200 Lei (local currency) being no longer mandatory. Therefore, when you decide to set up a limited liability company in Romania, you can have a…

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Eurostat: After Ireland, in the first three months of the year, compared to the last three months of 2021 Romania had the highest growth during this period (+5.2%), according to the final data.

Eurostat statistics: The Statistical Office of the European Union has released the final data on the development of the economies of the Member States in the first quarter of this year. Ireland was the country with the fastest GDP appreciation…

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Limited liability company

Limited liability company (LLC) vs. joint stock company (JSC)

Limited liability company (LLC) vs. joint stock company (JSC) -The commercial company is an autonomous body, which the law has conferred legal personality and which provides the best framework for the achievement of social goals, the satisfaction of personal interests...

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Regaining Romanian citizenship by descent

Regaining Romanian citizenship by descent

Regaining Romanian citizenship by descent-Romanian citizenship may be regained or granted to persons who were Romanian citizens and lost it for reasons their control or whose citizenship was taken away from them without their will. This scenario also applies to...

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Getting fiscal residency in Romania

Getting fiscal residency in Romania

You would go where you are treated the best. Romania has the lowest tax rate in Europe (1% corporate tax). Once you decide to move your business or to set up a new one in Romania, you may consider getting...

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Apple intends to innovate from Romania similar as from UK, Germany, Israel and France

After Steve Jobes returned to Apple, he laid off all the managers. Apple at that time it was divided into business unites each with loss and profits. He put the entire company into one PNL and made a functional structure….

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