Transition from the words “commercial company” to the word “company”
Law no. 76/2012 for the implementation of law no. 134/2012 concerning the Civil Procedure Code is the law that brings modifications for commercial companies.
This law will enter into force on 01.09.2012.
Art.79 of law no. 76/2012 stipulates: “In a term of 2 years after the present law enters into force, companies registered in the Commercial Register with the words “commercial company” in their name are required to do the necessary steps in order to replace them with the term “company”. Until completing these steps, the company can function with the name entered in the Commercial Register when the present law entered into force. The registration in the Commercial Register of this mention about the modification of the constitutive act concerning the change of the name of the company is exempt of registration tax”.READ MORE