The Articles of Association of a Limited Liability Company Cover Image

Actul constitutiv al societății cu răspundere limitată
The Articles of Association of a Limited Liability Company

Author(s): Adriana Deac
Subject(s): Economy, Accounting - Business Administration
Published by: Corpul Experților Contabili și Contabililor Autorizați din România (CECCAR)
Keywords: limited liability company; articles of association; Law No. 31/1990; Civil Code; associate; shares; general assembly; censor; Trade Register

Summary/Abstract: Within the procedure for establishing any legal entity carrying out commercial activities, the execution of the articles of association represents an essential stage, reflecting the founders’ agreement regarding the provisions governing its establishment, operation, and termination. Given that the limited liability company is the most commonly used type of commercial legal entity in practice, this paper aims to analyse the statutory requirements that the articles of association of such a company must fulfil. The analysis will take into consideration the relevant legal provisions, as well as the views expressed in specialised literature.

  • Issue Year: 7/2026
  • Issue No: 7
  • Page Range: 39-50
  • Page Count: 12
  • Language: Romanian
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