Recent content by Ssrn

Yes in Malta they offer directors for hire. In Romania I haven't found that. My info talking to a lawyer is that in Malta the hired directors soon need a license and will be registered in a publicly available way. So your local tax office might call it a Bluff when they see your director works...

I'd also be very interested in recommendations about Romanian lawyers/ tax advisors. It looks like all Google searches always lead to the same one company - finding this already a bit dubious.

I could not find anybody who would offer a local director service as they'd be liable from an accounting perspective and it seems to be a risk not many a willing to take? If I'm the director but I live abroad, there's nothing won in regards to local substance, even if I'd pass myself a salary in...

Do you have any further reading about the fact that pt doesn't check the effective management of a Romanian company or is this based on experience/ professional advice?

So after a lot a lot of research, what I see as two opposing opinions is: Does there place of effective Mgmt matter or is it enough to have some kind of substance in Romania.