Alin Mihai 8/14/26 Alin Mihai 8/14/26

Signing Contracts Remotely as a Foreign Owner in Romania

You rarely need to be in Romania to sign a binding contract. How foreign owners sign remotely, by exchange, electronic signature or power of attorney, and which contracts still require a notary.

Alin Mihai 8/14/26 Alin Mihai 8/14/26

Penalty Clauses in Romanian Contracts: How Much Can You Claim?

A penalty clause lets you agree the cost of breach in advance and claim it without proving your loss. How much you can claim under a clauză penală in Romania, and when a court can reduce it.

Alin Mihai 8/14/26 Alin Mihai 8/14/26

Governing Law and Jurisdiction Clauses in Romanian Contracts

Two clauses decide what happens when a contract fails: which law applies, and where a dispute is heard. How foreign companies should choose between Romanian courts and arbitration, and draft clauses that can actually be enforced.

Alin Mihai 8/14/26 Alin Mihai 8/14/26

Is an Email or Verbal Agreement Binding in Romania?

In Romania, a contract exists the moment the parties agree, so an email exchange, or even a verbal deal, can bind you without a signature. When these agreements are enforceable, and when written form is still required.

Alin Mihai 8/11/26 Alin Mihai 8/11/26

Do I Need a Notary for a Contract in Romania?

For most everyday contracts in Romania, you do not need a notary. For a small but important group, the sale of property being the clearest, a notarised form is not optional, and without it there is no valid contract. Knowing which category yours falls into, before you sign.

Alin Mihai 8/11/26 Alin Mihai 8/11/26

How to Terminate a Contract in Romania: Pact Comisoriu Explained

To terminate a contract in Romania, you must do more than announce the relationship is over. A well drafted termination clause, a pact comisoriu, can let you end an agreement yourself, sometimes almost at once. Without one, a court may have to terminate for you.

Alin Mihai 8/11/26 Alin Mihai 8/11/26

Breach of Contract in Romania: Your Remedies as a Foreign Company

The other side has not done what it promised. Under Romanian law you rarely have only one option, but which remedies are genuinely open to you, and how fast you can use them, depends on the wording you agreed at the outset. Your remedies for breach of contract in Romania, explained.

Alin Mihai 8/7/26 Alin Mihai 8/7/26

What a Contract Review in Romania Should Actually Tell You

A contract can be perfectly legal and still be a bad deal. That gap, between a document that is valid and one that protects you, is the whole reason a review exists. What a proper contract review in Romania checks before you sign, and what it quietly costs you when it is skipped.

Alin Mihai 8/6/26 Alin Mihai 8/6/26

What Foreign Investors Get Wrong About Contracts in Romania

Most foreign investors focus on the wording of a contract. Romanian law asks an earlier question: was it validly formed at all? From good faith and notarised form to termination and late payment, here is what actually decides whether your contract protects you, explained plainly.

Alin Mihai 6/24/26 Alin Mihai 6/24/26

Changing Your CAEN Codes in Romania: The 2026 Deadline Trap

Every Romanian company must align its activity object to CAEN Rev. 3 by 25 September 2026, and the conversion is not automatic. Add to that the ordinary need to change what your company does, and there are two filings owners confuse. This guide separates them, sets out who approves the change, the procedure, the costs, and how foreign owners handle both remotely.

Alin Mihai 6/24/26 Alin Mihai 6/24/26

Beneficial Owner Declaration in Romania (UBO): A 2026 Guide for Foreign Owners

Every Romanian company must declare who ultimately owns or controls it. Most owners file once and forget, until a bank, notary, or counterparty asks for proof the register is current and a routine transaction stalls. This guide covers who must file, the deadlines owners miss, the ONRC procedure, the penalties, and how foreign owners handle it all remotely, in English.

Alin Mihai 6/8/26 Alin Mihai 6/8/26

Your Romanian Debtor Is Insolvent or Closing Down: Can You Still Recover?

Your Romanian debtor has stopped paying and may be insolvent or dissolving. Recovery is often still possible, but only if you act within the deadlines. Where you stand, and what to do first.

Alin Mihai 6/8/26 Alin Mihai 6/8/26

Is It Worth Suing a Romanian Debtor? A Candid Assessment for Foreign Creditors

A Romanian company owes you money but won't pay. Before you spend a euro on lawyers, understand what recovery actually costs, how long it takes, and the one factor that decides whether you will ever see the money.

Alin Mihai 6/4/26 Alin Mihai 6/4/26

Lovit de un șofer fără RCA? Cum ceri despăgubiri de la BAAR

Dacă ai fost lovit de un șofer fără RCA sau care a fugit, nu rămâi fără despăgubire. Află ce poți recupera prin Fondul de Protecție a Victimelor Străzii, ce documente îți trebuie și ce diferență crucială există între un vehicul neasigurat și unul neidentificat.

Alin Mihai 6/3/26 Alin Mihai 6/3/26

Cum se calculează daunele morale după un accident rutier

Daunele morale sunt adesea cea mai valoroasă parte a despăgubirii tale după un accident rutier — și nu au un tarif fix. Află ce factori cântăresc cel mai mult în aprecierea instanței, ce probe îți întăresc cazul și ce greșeli te pot costa scump.

Alin Mihai 5/21/26 Alin Mihai 5/21/26

Moral Damages After a Road Accident in Romania — Trauma Score Calculation [2026 Complete Guide]

Romania's trauma‑score system (Order ASF/MS 1/2.293/2022) converts bodily injuries into a standardised point score — maximum 200 points. Each point equals twice the gross minimum wage: RON 8,650 from July 2026. Maximum moral damages: €348,000. This guide explains the three components (LT, CP, CPP), the Greff/Hodin aesthetic method, real‑case examples from fractured femur to vegetative state, and how to challenge an insurer's low score in court.

Alin Mihai 5/21/26 Alin Mihai 5/21/26

Uninsured & Hit-and-Run Accidents in Romania — How to Claim Compensation from BAAR [2026 Complete Guide]

Hit by an uninsured or unidentified driver in Romania? You're still entitled to full compensation. BAAR (Bureau of Motor Vehicle Insurers) pays from its guarantee fund — up to EUR 6.45 million per event. This 2026 guide covers the exact procedure, required documents, 30‑day response deadline, 0.2 %/day penalty, trauma‑score calculation, and court route. Works for foreigners without a Romanian bank account.

Alin Mihai 5/21/26 Alin Mihai 5/21/26

Road Accident Compensation in Romania [2026] — Claim Procedure, Deadlines & Amounts

Injured in a road accident in Romania? This 2026 guide explains exactly how to claim up to EUR 348,000 in compensation — the 30-day insurer deadline, trauma-score calculation, required documents, court costs, and what to do if the insurer refuses to pay. Covers foreigners, hit-and-run, and uninsured drivers.

Alin Mihai 5/7/26 Alin Mihai 5/7/26

Branch vs Subsidiary in Romania: Which Structure Should Foreign Investors Choose in 2026

The three Romanian entry vehicles — SRL, branch, and representative office — compared across liability, tax, setup cost, and exit. Written for foreign investors structuring a 2026 market entry.

Alin Mihai 5/4/26 Alin Mihai 5/4/26

Debt Recovery in Romania: A Practice Guide for Foreign Creditors

Romania offers three procedural routes for recovering unpaid commercial invoices from Romanian debtors, with court fees starting at €40 and enforceable titles available in approximately 45 days. This guide sets out the full playbook for creditors based in Germany, the Netherlands, France, the UK, and the United States — from the mandatory demand letter through bank account garnishment. Includes 2026 BNR interest rates, statutory limitation rules, fixed-fee cost breakdown, and when to use EU cross-border instruments versus Romanian domestic procedures.

Mihai Attorneys