In 2020 the government introduced a series of measures in the corporate and commercial space to help alleviate the pressure on businesses resulting from the COVID-19 pandemic. For example, the legal requirements for setting up companies were streamlined to increase the attractiveness of foreign investment. Moreover, Romania's restrictive and bureaucratic regime for the transfer of shares in limited liability companies (LLCs) was overturned, reconfirming the LLC as the company structure of choice for investors when establishing a local presence in Romania.
In the below video, Madalina Neagu discusses these matters and the potential impact that they may have on companies in Romania.
