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An educated man is the one who never finish learning. - Lucian Blaga
When can we resort to reducing the share capital?

The reduction of share capital represents a way to adjust the share capital to the constraints of a deficit financial situation or to the narrowing of the company’s object of activity. Companies usually turn to share capital reductions when they face significant financial losses for an extended period. Therefore, a decrease in share capital can...

Stages of dissolving a Limited Liability Company (SRL)

The permanent cessation of a company’s activities, particularly in the case of a limited liability company (SRL) where the associates or sole associate approve the resolution for dissolution, involves a two-stage process spread over a considerable period. Specifically, closing a company (SRL) involves dissolution, liquidation, and removal from the Commercial Registry records. According to Article...