Starting this year, company legislation has been amended, introducing new obligations for inactive or struggling companies, as well as for newly established ones.

Key changes:

• Mandatory bank account: No company (SRL, SA, etc.) can be registered with the Trade Register without proof of opening a bank account. The measure is meant to increase transparency and reduce the risk of “ghost companies.”
• Reactivation of inactive companies:
  • Companies inactive for less than 3 years must reactivate within 90 days.
  • Companies inactive for more than 3 years have only 30 days.
• Increase in share capital: New rules are under discussion regarding share capital in relation to turnover, to strengthen financial stability.

Impact on entrepreneurs:

• If you plan to set up a company, you must open a bank account from the start to complete the registration.
• If you own an inactive company, check its status and respect the legal deadlines for reactivation to avoid sanctions or deregistration.