Is it difficult to close my company? The procedure for closing a Romanian limited liability company (SRL) is quite fast if the company has no debt and if all the associates agree about terminating the SRL and the division of remaining assets. If the business…
The notion of collective dismissal Collective dismissal is defined by Article 68 of the Labour Code as the dismissal within a period of 30 calendar days, for one or more reasons not related to the employee, of a number of: at least 10 employees, if…
Since establishing a state of emergency in Romania, the authorities can now legally restrict some of the fundamental rights and freedoms of citizens, which profoundly affects the business environment.Most of the businesses have closed, the most common example being restaurants and coffee shops, and the…
