International contracts are the main legal instrument that companies use to limit their exposure to risks when working on the global or international market.
When a company intends to expand its products or services on the global market, international contracts become a necessity.
What you need to know about registering a subsidiary in Romania The subsidiary is a dismemberment without legal personality of a commercial company, and it is registered with the Trade Registry before starting any activity. Both foreign and Romanian companies can register subsidiaries in Romania. A subsidiary is a ‘branch’ of the parent company. It […]
How to register a company The first step in any business is choosing the type of company and the most common set-up is an S.R.L. (Societatea cu raspundere limitata or Limited Liability Company). What documents do I need to set up a company? The steps for opening a S.R.L. are regulated by Law 31/1990 and […]
