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Law

Principles regarding the Romanian company law:

  • There are 5 available types of company law
  • Ltd. (Romanian S.R.L.) is the most common company form (minimum capital ca. 70 €)
  • The company law is inspired form the West European law

Principles regarding the Romanian labor law:

  • The notice period is 15 working days
  • The employment is made on the basis of unlimited labor contract
  • The probationary period is 3 Months
  • The holiday entitlement is 20 working days

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