Romania Legal

Corporate solutions in Romania

Register a company in Romania with professional assistance. We cover various corporate solutions including accountancy and document preparation.

Change beneficial owner of Joint Stock Company in Romania

Gain confidence in managing your company’s ownership structure by altering the beneficial owner of your Joint Stock Company (SA) in Romania. To change the beneficiary, the Joint Stock Company needs to designate a new beneficial owner and have the current one step down. Our expert solutions provide guidance throughout the process for a seamless transition.

Discover our simplified solutions that facilitate the process, ensure a smooth transition, and comply with all regulations and legislations.

Process of changing beneficial owner of Joint Stock Company

By adhering to these instructions and making use of our professional services, you can easily manage the process of changing the beneficial owner of a Joint Stock Company in Romania, guaranteeing conformity and a smooth transition.

Determine the need for change

Assess the specific requirements of your company to determine if a change in beneficiaries is necessary. Consider your individual situation and consult with our experts to determine the most appropriate course of action.

Obtain shareholders’ approval

Obtain approval from the shareholders of the Joint Stock Company in Romania for changing the beneficial owner. Utilize our professional assistance to develop a compelling proposal that communicates with the shareholders and emphasizes the benefits of the change.

Resignation of the current beneficial owner

Begin the process of resigning the current beneficial owner. Take advantage of our assistance in drafting the resignation letter correctly and navigating the appropriate channels for submitting the paperwork.

Selection of new beneficial owner

Make sure the new applicant complies with all legal necessities and has the required skills. Benefit from our proficiency in choosing the perfect candidate for the new recipient, taking into account factors such as legal eligibility, financial security, and industry background.

Obtain shareholders’ approval

Get shareholders’ consent to appoint the newly beneficial owner. We will showcase the candidate’s credentials and qualifications in order to earn their confidence and backing.

Submit required documents to relevant authorities

Adhere to all legal and regulatory obligations by completing and filing the necessary paperwork with the appropriate authorities. You can rely on our expertise to help you accurately collect and organize the required documentation, ensuring a smooth submission process.

Update company records

Update the records of the Joint Stock Company to show the change in beneficial owners, ensuring transparency and compliance with regulations. Our dedicated staff is available to help swiftly and accurately update the company information.

Beneficial owner requirements

Take into account these criteria when choosing a new recipient for your business in Romania. Allow us to help you identify the ideal candidate who fulfills these criteria and guarantees a seamless transition.

Natural person requirement

Choose a recently discovered beneficial owner who is an individual, in accordance with legal rules. Count on our assistance to perform extensive due diligence and pinpoint appropriate individuals who fulfill the legal criteria to be named as a beneficiary.

Full legal capacity

Make sure the person chosen has the necessary legal capacity to act as a beneficial owner. Our team will help you confirm the legal capacity of potential beneficial owners, making sure all legal standards are met.

Financial stability

Select a beneficial owner who has the financial stability needed to support the company’s operations and growth. Take advantage of our experience to perform thorough financial evaluations to confirm that the potential beneficiary has the necessary financial stability.

Industry experience

Take into account the industry background of prospective owners to guarantee their ability to make a meaningful contribution to the company’s long-term goals. We assess the industry experience of candidates to assist you in choosing a valuable owner with the necessary expertise and insight.

Compliance with regulatory requirements

Make sure the owner chosen follows all applicable regulations. Our services involve extensive checks to confirm that potential recipients are meeting their regulatory duties, giving you peace of mind.

Contact us

If you are prepared to change the beneficial owner of your Joint Stock Company in Romania, proceed to the next phase now. Simply fill out the form provided in order to get in touch with our specialized team, who will quickly aid you. If you have any additional questions or require immediate help, do not hesitate to reach out to us. We are here to help you smoothly navigate through this process.

Contact us