1. What is forced execution? If a debtor does not willingly fulfil the obligation he/she has towards his/her creditor, the creditor has the possibility to start the forced execution against the debtor, by addressing a bailiff for this purpose. For the bailiff to be competent to enforce the writ of execution, it is necessary that […]
Read moreSteps to be followed for the incorporation of a company (LTD) in Romania and its registration with the Trade Registry
In order to register the company in Cluj it is necessary to have the following information: name of the company, shareholders, administrators and object of activity. Any LTD incorporated according to Romanian laws may have: One shareholder: either a company or a natural person More shareholders: either two or more companies (Romanian, foreign or bo...
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