Romanian Citizenship Law Amended
A recent amendment to Law No. 21/1991 on Romanian Citizenship (“Citizenship Law”), which was modified by Law No. 14/2025, became effective mid March, 2025. Among other changes, this amendment introduces a new Romanian language proficiency requirement for citizenship applicants. I….
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…
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…
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…
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...
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...
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...
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….
Standard and Poor’s recommends Romania as safe for investments
As regards Standard and Poor’s rating grades, a bond is considered investment grade if its credit rating is BBB− or higher. Whenever bonds are rated with BBB+ such are qualified as being speculative and “junk” bonds. Standard & Poor's has reconfirmed in April...
Romania in Schengen
Romania will join Schengen area in 2022, based on the statement of European Commissioner for Home Affairs Ylva Johansson issued in February 2022 further to a visit of the humanitarian aid camp in the Siret Border Crossing Point with Ukraine,…