Divizarea

: The original company is dissolved without going into liquidation. Its entire assets and liabilities are transferred to two or more existing or newly formed companies.

: Under Romanian law, employees' rights are typically protected, and their contracts are transferred to the new employer.

: Once approved, the new entities are registered, and the original company is either modified (partial) or deleted from the register (total). Key Considerations Divizarea

: The management of the companies involved must draw up a "Proiect de Divizare." This document details the asset distribution, the exchange ratio of shares, and the date from which transactions are attributed to the new entities.

: After the opposition period, the general meeting of shareholders for each participating company must officially approve the division. : The original company is dissolved without going

: Divisions can be tax-neutral if they meet specific criteria, but professional tax advice is highly recommended to avoid unforeseen VAT or corporate tax liabilities.

Incorporations - Oficiul Național al Registrului Comerțului : Once approved, the new entities are registered,

The process is strictly regulated and involves several key stages: