dinsdag 30 maart 2021

BUYING REAL ESTATE LAND AND BUILDINGS IN ROMANIA

 We are here to support you.

Real estate can be acquired in two ways:

•        Directly, e.g. by acquiring the real estate (asset deal)

•        Indirectly, e.g. by acquiring a corporation owning real estate (share deal).

In either case, there is no stamp duty or tax. The only fees are these related to the notary and registration (Land Book/Commercial Registry) requirements.

Land  tax are varies depending on local council decisions.

THE BUSINESS ORGANIZATION INTERESTED IN BUYING REAL ESTATE IN ROMANIA. WHAT KIND OF LAND ARE WE ABLE TO ACQUIRE?

There is a law for ownership right over Real Estate for Romanian Legal Persons. As opposed to some restrictions, a business organization (which is a Romanian legal entity) may acquire the ownership right over Romanian real estate (lands and buildings). This regulation entitles companies which are also legal entities to the ownership right over any type of land, including agricultural land, forests and forestry land. Consequently, the shareholders or the partners of a company, no matter what their nationality, indirectly have the right to acquire lands and buildings.

The real estate market in Romania has developed a lot during the past few years and there are more and more foreign citizens that are interested in buying properties here. Although the interest for the Romanian real estate market has grown rapidly, there are still questions about the legislation regarding this process. Can foreign EU citizens buy properties in Romania directly or there is other EU legislation that they must take into account.

 

Contact us for more information: frjacobs@telenet.be

dinsdag 16 maart 2021

Agricultural consulting in Romania and land aquisition in Romania

 The agricultural economy represents the foundation of the Romanian civilization, this being over the centuries the source of existence but also the instrument of progress on these places. In recent years, Romanian agriculture has experienced a spectacular economic evolution and a technological transformation benefiting from significant investments through the common agricultural policies of the EU.

We meet the consulting needs of farmers, our company has developed a package of services dedicated to them. Assistance services in relation to APIA or EAFRD, consultancy in the procedures for obtaining agricultural subsidies or in the management of lease contracts are just some of these services.

Our company provides complex consulting services to agricultural companies in order to:

- Establishment of the company;

- Acquisition of agricultural land;

- Obtaining agricultural subsidies per area unit or production unit;

- The management of property rights or lease contracts;

- Representation and assistance in the relationship with local town halls and administrative authorities;

- Management of delivery contracts, provision of agricultural services or agricultural insurance;

- Consulting in financing and agricultural loans;

The experience of our company recommends us in all procedures for the successful management of agricultural affairs, in aspects such as obtaining agricultural subsidies, management of lease contracts or delivery of agricultural products, in insurance, loans and agricultural financing.

We guarantee that large farmers as well as small traditional farmers will be equally satisfied.

More info mail : frjacobs@telenet.be