Divizarea File

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

: After the opposition period, the general meeting of shareholders for each participating company must officially approve the division.

In Romanian corporate law, (division or demerger) is the process by which a company is split into two or more separate entities. This is a complex legal procedure typically used for restructuring, succession planning, or separating business lines. Types of Division There are two primary ways a company can undergo divizarea : 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.

Incorporations - Oficiul Național al Registrului Comerțului : Under Romanian law, employees' rights are typically

: 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.

The process is strictly regulated and involves several key stages: This is a complex legal procedure typically used

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