Money laundering basically means bringing amounts of money from crime into the legal economy.Fighting this phenomenon is an international issue, meaning that there are several conventions on it.On the other hand, Romania has in place both mechanisms to avoid this and a criminal incrimination of it. What Actions Are Incriminated According to art. 269 Criminal […]
The recognition of foreign court orders is a problem that arises when you want to enforce a decision issued by one state on the territory of another. Court decisions produce effects directly in the country where they were issued. Whether they will produce effects in other countries or not depends on several factors. Among these […]
Real estate investments in Romania by foreign nationals have always been made. However, whether a foreigner can buy or own real estate in Romania is subject to a few conditions. At first, we must differentiate between buildings and the land they are built on. While foreigners are allowed to own buildings in Romania, not all […]
Setting up a company in Romania can bring great opportunities, but it is very important to choose the right type of company for your needs.Romanian legislation regulates different company types, with different purposes and requirements. Types of Companies in Romania The most common company types in Romania are the joint stock company (S.A.) and the […]
Car crash victims’ compensation is very important as accidents are very common in Romania for a number of reasons. They often result in serious injury or death. Although authorities are taking measures to prevent serious or fatal car accidents, they are still a common sight on Romanian roads. Traffic accident victims can obtain compensation so […]
Driving without a license is incriminated as a crime in the Romanian Criminal Code. Therefore, doing this will have you facing a criminal penalty, not just a fine. Difference to Driving while Your Right to Drive Is Suspended Driving with no license is not equal to driving with a suspended right to drive. Although it […]
Shareholder disagreements can occur for various reasons. While most of them emerge around the direction of the company, there may be more complicated reasons behind them. Regardless of the exact reason for the occurrence of such disputes, there are a few legal ways to bring them to an end. Although the following solutions may seem […]
Tax evasion is criminally punishable in Romania. While different actions can lead to tax evasion charges, the value of the taxes has a significant impact on penalties. For some minimal values, you can avoid criminal sentencing. At the other end of the range, penalties can be severe. What Actions Constitute Tax Evasion Romanian law incriminates […]
You can collect inheritance in Romania either by agreement or through litigation. This depends on whether all the heirs agree on the division of their shares. Who Can Collect Inheritance in Romania If the deceased has drafted a last will or testament, its provisions should make the entire procedure easier. However, there are cases in […]
Being the victim of a crime in Romania, like everywhere else in the world, can be a distressing situation. You can find this particularly stressful when you are in a foreign country. The rules that you know may not apply and law enforcement agencies have different procedures. You can find a short list of things […]