LEGISLATION IN THE FIELD OF TRADE REGISTER

1. Law no. 26 of 5 November 1990 on the trade register, republished (Official Gazette of Romania no. 49 of 4 February 1998), as subsequently amended and supplemented:

- Law no. 348 of 6 July 2001 amending Law no. 26/1990 on the trade register (the Official Gazette of Romania no. 381 of 12 July 2001).

- Emergency Government Ordinance no. 129 of 10 October 2002 amending Law no. 26/1990 on the trade register and Emergency Government Ordinance no. 76/2001 simplifying certain administrative formalities for incorporating and authorising the operation of businesses (Official Gazette of Romania no. 746 of 11 October, 2002).

- Government Ordinance no. 15 of 30 January 2003 supplementing Law no. 26/1990 on the trade register (Official Gazette of Romania no. 61of 1 February 2003).

- Law no. 161 of 19 April 2003 on certain measures for ensuring transparency while exercising public dignitaries, public positions and within the business environment, the prevention and sanction of corruption (Official Gazette of Romania no. 279 of 21 April 2003).

- Law no. 505 of 26 November 2003 approving the Emergency Government Ordinance no. 129/2002 amending Law no. 26/1990 on the trade register and Emergency Government Ordinance no. 76/2001 simplifying certain administrative formalities for incorporating and authorising the operation of businesses (Official Gazette of Romania no. 857 of 3 December 2003).

- Law no. 183 of 17 May 2004 approving the Government Ordinance no. 30/2003 amending art. 36 of Law no. 105/1996 on population registration and the identity card (Official Gazette of Romania no. 321 of 13 May 2003).

- Government Ordinance no. 72 of 13 August 2004 amending art. 39 of Law no. 26/1990 on the trade register (Official Gazette of Romania no. 791 of 27 August, 2004).

- Law no. 519 of 23 November 2004 approving Government Ordinance no. 72/2004 amending art. 39 of Law no. 26/1996 on the trade register (Official Gazette of Romania no. 1109 of 26 November 2004).

- Law no. 1 of 21 February 2005 on the organisation and operation of co-operative organisations (Official Gazette of Romania no. 172 of 28 February 2005).

- Emergency Government Ordinance no. 17 of 9 March 2005 laying down certain organisational measures at central public administration level (Official Gazette of Romania no. 229 of 18 March 2005).

- Law no. 441 of 27 November 2006 amending and supplementing Law no. 31/1990 on trading companies, republished, and Law no. 26/1990 on the trade register, republished (Official Gazette of Romania no. 955 of 28 November 2006).

- Emergency Government Ordinance no. 119 of 21 December 2006 laying down some necessary measures with a view to enforcing certain community rules as of the date Romania joins the European Union (Official Gazette of Romania no. 1036 of 28 December 2006).

2. Law no. 31 of 16 November 1990 on trading companies, republished (Official Gazette of Romania no. 1066 of 17 November 2004), as subsequently amended and supplemented:

- Law no. 302 of 24 October 2005 amending and supplementing Law no. 31/1990 on trading companies (Official Gazette of Romania no. 953 of 27 October 2005).

- Law no. 441 of 27 November 2006 amending and supplementing Law no. 31/1990 on trading companies, republished, and Law no. 26/1990 on the trade register, republished (Official Gazette of Romania no. 955 of 28 November 2006).

- Law 516 of 29 December 2006 on supplementing Law no. 302/2005 amending and supplementing Law no. 31/1990 on trading companies (Official Gazette of Romania no. 14 of 9 January 2007).

3. Law no. 359 of 8 September 2004 simplifying the formalities for incorporating natural persons, family associations and legal persons in the trade register, tax registration thereof, as well as for authorising the operation of legal persons (Official Gazette of Romania no. 839 of 13 September 2004), as subsequently amended and supplemented:

- Emergency Government Ordinance no. 75 of 30 September 2004 amending and supplementing Law no. 359/2004 simplifying the formalities for incorporating natural persons, family associations and legal persons in the trade register, tax registration thereof, as well as for authorising the operation of legal persons (Official Gazette of Romania no. 932 of 12 October 2004).

- Government Ordinance no. 28 of 26 January 2006 regulating certain tax and financial measures (Official Gazette of Romania no. 89 of 31 January 2006).

- Government Ordinance no. 35 of 26 July 2006 amending and supplementing Government Ordinance no. 92/2003 on the Fiscal Code (Official Gazette of Romania no. 675 of 7 August 2006).

- Law no. 360 of 21 September 2006 amending art. 31 of Law no. 359/2004 simplifying the formalities for incorporating natural persons, family association and legal persons in the trade register, tax registration thereof, as well as for authorising the operation of legal persons (Official Gazette of Romania no. 799 of 22 September 2006).

- Emergency Government Ordinance no. 119 of 21 December 2006 laying down certain measures necessary for enforcing certain community rules as of the date Romania joins the European Union (Official Gazette of Romania no. 1036 of 28 December 2006).

4. Law no. 300 of 28 June 2004 on authorising natural persons and family associations to carry on independent economic activities (Official Gazette of Romania no. 576 of 29 June 2004), as subsequently amended and supplemented:

- Law no. 378 of 13 December 2005 amending art. 18 of Law no. 300/2004 on authorising natural persons and family associations to carry on independent economic activities (Official Gazette of Romania no. 1138 of 15 December 2005)

- Emergency Government Ordinance no. 40 of 31 May 2006 amending and supplementing Law no. 300/2004 on authorising natural persons and associations to carry on independent economic activities (Official Gazette of Romania no. 493 of 7 June 2006)

5. Government Ordinance no. 1766 of 21 October 2004 approving the methodological norms for enforcing Law no. 300/2004 on authorising natural persons and family associations to carry on independent economic activities (Official Gazette of Romania no. 1048 of 12 November 2004).

6. Law no. 161 of 19 April 2003 laying down certain measures for ensuring transparency in exercising public dignitaries, other public positions and within the business environment, the prevention and sanction of corruption – Volume I, Title V - Economic interest groupings (Official Gazette of Romania no. 279 of 21 April 2003), as subsequently amended and supplemented.

7. Law no. 1 of 21 February 2005 on the organisation and operation of co-operative organisations (Official Gazette of Romania no. 172 of 28 February 2005)

8. Law no. 566/2004 on agricultural co-operative organisations (Official Gazette of Romania no. 1236 of 22 December 2004), as subsequently amended and supplemented:

- Law no. 134 of 12 May 2006 amending paragraph (3) of art. 4 of Law no. 566/2004 on agricultural co-operative organisations (Official Gazette of Romania no. 429 of 18 May 2006).

- Law no. 343 of 17 July 2006 amending and supplementing Law no. 571/2003 on the Fiscal Code (Official Gazette of Romania no. 662 of 1 August 2006)

- Law no. 32 of 16 January 2007 amending and supplementing Law 566/2004 on agricultural co-operative organisations (Official Gazette of Romania no. 47 of 22 January 2007).

9. Emergency Government Ordinance no. 99 of 6 December 2006 on the credit institutions and capital adequacy (Official Gazette of Romania no. 1027 of 27 December 2006).

10. Law no. 32 of 3 April 2000 on the insurance undertakings and insurance supervision (Official Gazette of Romania no. 148 of 10 April 2000), as subsequently amended and supplemented:

- Emergency Government Ordinance no. 51 of 29 March 2001 amending art. 44 of Law no. 32/2000 on the insurance undertakings and insurance supervision (Official Gazette of Romania no. 175 of 6 April 2001).

- Law no. 76 of 12 March 2003 amending and supplementing Law no. 32/2000 on the insurance undertakings and insurance supervision (Official Gazette of Romania no. 193 of 26 March 2003).

- Law no. 403 of 11 October 2004 amending and supplementing Law no. 32/2000 on the insurance undertakings and insurance supervision (Official Gazette no. 976 of 25 October 2004).

- Law no. 503 of 17 November 2004 on financial recovery and bankruptcy of insurance undertakings (Official Gazette no. 1193 of 14 December 2004).

- Emergency Government Ordinance no. 61 of 23 June 2005 amending and supplementing Law no. 136/1995 on insurance and reinsurance in Romania (Official Gazette no. 562 of 30 June 2005).

- Emergency Government Ordinance no. 201 of 22 December 2005 amending and supplementing Law no. 32/2000 on insurance undertakings and insurance supervision (Official Gazette no. 1191 of 29 December 2005).

- Law no. 113 of 4 May 2006 approving Emergency Government Ordinance no. 201/2005 amending and supplementing Law no. 32/2000 on insurance undertakings and insurance supervision (Official Gazette no. 421 of 16 May 2006).

- Law no. 87 of 8 November 2006 amending and supplementing Law no. 32/2000 on insurance undertakings and insurance supervision (Official Gazette of Romania no. 916 of 10 November 2006).

11. Law no. 297 of 28 June 2004 on the capital market (Official Gazette no. 571 of 29 June 2004), as subsequently amended and supplemented:

- Government Ordinance no. 41 of 14 July 2005 regulating certain financial measures (Official Gazette no. 677 of 28 July 2005)

- Law no. 97 of 25 April 2006 approving Government Ordinance no. 41/2005 regulating certain financial measures (Official Gazette no. 375 of 2 May 2006)

12. Government Ordinance no. 75 of 30 August 2001 on the organisation and operation of tax registration, republished (Official Gazette of Romania no. 664 of 23 July 2004), as subsequently amended and supplemented

- Government Ordinance no. 10 of 21 January 2005 regulating certain financial measures (Official Gazette no. 96 of 28 January 2005)

13. Government Ordinance no. 913 of 10 June 2004 approving the taxes and fees for operations performed by the Trade Register Offices attached to Law Courts. (Official Gazette of Romania no. 589 of 1 July 2004):

- Government Ordinance no. 1422 of 11 October 2006 amending and supplementing Government Decision no. 913/2004 approving the taxes and fees for operations performed by the Trade Register Offices attached to Law Courts (Official Gazette no. 867 of 24 October 2006)

14. Order no. 3116/C of 9 November 2004 of the Minister of Justice approving the fees for assistance services provided for by the Trade Register Offices attached to Law Courts (Official Gazette no. 1105 of 26 November 2004)

15. Order no. 455/C of 27 January 2006 of the Minister of Justice approving the application form for incorporation in the trade register and the declaration form for authorisation of operation (Official Gazette no. 122 of 8 February 2006)

16. Order no. 2735/C of 23 September 2003 of the Minister of Justice approving the fees for auxiliary services performed by the Trade Register Offices and by the National Trade Register Office (Official Gazette no. 691 of 2 October 2003)

17. Government Ordinance no. 166 of 13 February 2003 on granting certain tax facilities to students wishing to establish their own business (Official Gazette no. 114 of 24 February 2003)