1. OUR COMPANY
Who we are
The business consulting Dumitrescu & Partners company from Timişoara intends to present
itself, now also with the help of the web site, with its competences and experience in the field of
commercial companies, agreements, taxation and intellectual property.
Dumitrescu & Partners is a company of business consulting and house administration founded
in Timişoara in 2002.
Once the specific legislation came out and the associative organizations in this domain have
been founded, such as The Legal Boards Association, the Dumitrescu & Partners company
became the first company of business consulting and home administration from the Western part of
Romania affiliated to them.
In its short but dynamic career, Dumitrescu & Partners Company proved professional
competence and a high level of morality of the corresponding companies from the inter-war
Romania, whose successor would like to be.
Working for big companies and strategic investors from the Western part of the country, we
proved with difficulty, but with joy of success, the high level of Dumitrescu & Partners Company
competence.
Philosophy of the Company
We would like to let you know hereby about the characteristics and philosophy which define
our activity.
We have always proved to our clients the competence and experience of our company in order
to protect their interests with professionalism, this representing our way of acting and the result
achieved for most of the cases.
Loyal to the traditions of large law firms from inter-war period, but at the same time, loyal
towards the oath sworn, we will always keep confidentiality for the tasks assumed and information
we received.
The deference we have for the law court or the administrative institutions, which we are
collaborating with, will never lose our dignity with which we protect our clients’ best interests. We
teach our client companies about the economical efficiency and its advantages and although we

2. cannot adopt other methods for our company, expeditiousness and efficiency for solving the tasks
being our only lasting option.
Being in the centre of large consulting companies from the Western part of Romania, but not
affiliated to any local group of interests, Dumitrescu & Partners company knows how to keep its
professional independence, what it aims at represents the complete dependence on the success of its
activities.

3. SERVICES
Companies
Setting up companies
Dumitrescu & Partners Company meets all formalities for setting up commercial and
civil companies of any type.
Types of economic organization forms: authorised natural person or family association;
companies with legal commercial type of personality: Limited liability company, joint-stock
company, private company, limited partnership company and limited joint-stock
partnership company, or of civil type: associations, foundation, professional civil company
from domains as legal profession, medicine, etc., represent the main element which offers the
company to achieve economical, social, professional, moral, political objectives.
We start by typewriting the constitutive documents, an activity that involves discussions and
debates in order to identify the client’s wishes and hopes for choosing the activity domains of the
commercial company or the conditions of functioning, and we want to be next to the client
company for the entire period of its activity.
Since 98.7% of the companies registered in Romania are companies with limited liability,
there is this logical and natural preoccupation of our company for this particular type of company.
In the domain of existence of this type of organization, we achieved most of our successes and we
are proud to say that we set up dynamic companies – srl turning today into types of legal conception
and good economic functioning.
Although rare in number and maybe too elaborated in conception and functioning, the joint-
stock company is for accumulating and administrating great capitals necessary in the branches of
global contemporary production. There are maybe few consulting companies in the area which can
commend with our Dumitrescu & Partners company’s portfolio regarding joint-stock company,
our collaboration starting with large monopolist state companies and going to dynamic private
economic groups.
We are local leaders in setting up a company as we are commend ourselves with impressive
record number of nongovernmental organizations setted up by us. The success of your firm is born
with the first document of its existence, meaning the constitutive document. Do not hesitate to look
for success by using our expertise in the field.

4. Changing companies
The changing and the permanent conformation of the companies, with all the legal and
bureaucratic inplications represent a main preoccupation of Dumitrescu & Partners consulting
company, which analyses, conceives, typewrites and registers all the necessary documents in order
for your company to successfully continue its activity.
By having a place of work, a secondary social place or adding new domains of activity
to the constitutive document, obtaining new authotrizations may lie the proof of some positive
evolutions in the activity of a company.
At the same time, closing down the places of work or the activity suspension represnt a
signal for the need of a past evolution and potential analysis of the society, which can determine a
market study or the improvement of business plan.
The activity of the companies is not strictly related to the founding natural persons’s activity,
so that sometimes, Dumitrescu & Partners creates social parts or shares cession and their
transfering by succession.
A division report typed by us explains in 242 pages, the legal and economical reasons that
determined the shareholders to decide the division of the society. We then have succeeded to prove
in front of the fiscal organs, with professional economic analyses, that the evolution of the two
resulting companies on the market would be much better than the potential evolution of the old
company. With another occasion, although the partners and administrators of a company with
limited liability wanted it to be changed into a stock company and at first there were good reasons to
justify it, we have succeeded to prove through an objective analysis that this economic procedure is
ill-timed and detrimental to the society.
Above all obstacles, the most important fact is that the commercial societies to may
accomplish its purposes for which they were established and to justify its existence.
Dumitrescu & Partners supervises the permanent adaptation and the evolution of its clients,
prepared to offer its expertise when it is necessary. Many times our classical and also innovative
solutions have given an impulse to the existence of a company.
Liquidation companies
Although it is not our favourite care, the legal reorganization or liquidation of a company
represents a domain of experience for our Dumitrescu & Partners company of business consulting.
Because the objectives of setting up a company cannot always be accomplished, a complete
transformation of the firm is being required, for example from a stock-limited liability company or

5. from a personal company to a capital company, and Dumitrescu & Partners Company has all the
abilities and the experience required to successfully accomplish this complex operation.
The legal reorganization or liquidation of the company requires complex reports of evaluation
of actives, specific accountant registrations and the special supervising of the contracts that are being
accomplished, activities if, achieved with professionalism renews the the client’s economical state,
Do not hesitate to follow the economical renewal by ask the Dumitrescu & Partners Company
services.
We may consider a strong point the fact that our experience covers much more legal
reorganization activities to a society than its liquidation, therefore even more happy ending stories, a
lot more legal operations in order to save the companies while in a difficult economical situations
and not necessary to liquidate it.
Associations & Foundations
Because you do not always wish an economical activity, Dumitrescu & Partners consulting
company makes associations, sets up associations and foundations as well as civil professional
companies for its clients.
A foundation is an organization established within a patrimony which is given a specific
destination in order to obtain a social, cultural or book-keeping objective, and what we intend is to
create an organization that would efficiently turn to good account its patrimony.
At the same time, the association has the quality of its founder members. More important
here is to find the most efficient ways to collaborate and organize among members.
We are proudly inform you about our experience in collaborating with associations and
foundations.
Freelancers will find here a solution to their problems and in the activity settlement they
practise, respectively the professional civil company form medicine, architecture domaines,
etc.
By counselling nongovernmental organizations in solving some legal or functioning problems,
we have developed our ability to access financing programs and to have activities from the most
diversed domains of these organizations existence. As a counsellor, we have succeeded along the
time to mobilize a great number of investors and to administrate significant budgets.

6. Notices & Authorizations
Being in a permanent fight against the bureaucracy and support the dynamic social agents,
Dumitrescu & Partners has developed its competences required for authorising and
noticing the client companies.
The authorisation of the companies in accordance with sanitary, sanitary-veterinary
norms, environment protection, labour protection as well as fighting down the fire represent
an immediate necessity to set these up and, as we mentioned before, it represents a remarkable
domain of Dumitrescu & Partners Company.
The authorization for environment protection involves writing down a shee t of
presentation of the company’s activity with specific note about the impact it has over the area and
the administration of various pollution factors, so a complex work we successfully realize for all our
clients.
Also, the sanitary authorization may involve endowment operations to the economical
objective or training the company personell, the experience of Dumitrescu & Partners company
can only help you in this field.
The diversity of economical and social activities required the settlement of some special
licensing procedures, accreditation, authorization, notices in domains such as: toxical or
explosive substances, pharmaceutic products, sanitary activity or administration of pollution
factors, special imports and exports and lohn production, protection and guarding, the
employment migration, the precious metal commerce, etc.
We complete over 80 types of notices and authorisations. If we are to exemplify, we could
mention licensing the guarding and protection firms, a process that implies the obtaining the
identification documents of the company from the Commerce Register Office, payment receipts for
the state budget and special verification of the company managers by the police department.
You have noticed that you need an authorization or a special accreditation, then do not hesitate
to contact us.
Agreements
Dumitrescu & Partners makes agreements after special specifications, as it offers
various samples of agreements with general caluses, the material needed for legal experts and
managers of the client company.

7. The daily functioning of organizations set up by us: commercial companies, associations or
foundations represent the permanent contact with other similar entities. This is often made by
concluding some agreements, meaning some commercial or civil agreements.
The buy – sell agreement, a standard agreement in the activity of a company that can be used
in order to find the means of production required for practising economic activities as well as for
selling the resulted products. In this last case, the agreement takes various forms: exclusive or
nonexclusive delivery agreement, distribution agreement etc., while the sell agreement that
must meet the procedure of public acquisitions, has the form and clauses established by the specific
legislation, most important being here the formality of application.
Each main or secondary head office must have a rent agreement or a comodatum
agreement concluded that would include the right for commission for the place and the
corresponding obligations of the lodger.
The commercial credit claims the concluding of some mortgage agreements or furniture
mortgage and fulfilment of obligatory advertising activities, respectively the mortgage
matriculation in the Real Estate Record and the registration of the furniture mortgage in
Electronic Archive of the real guaranties, procedures that Dumitrescu & Partners company do
for its clients.
The industrial activity and merchandise circulation followed by the need of legal settlement of
the social reports that follow, implies the typing of specific conventions such as goods transport
agreement or temporary lohn import, in which we have a particular experience reached by no
other competing companies.
One of the business consulting specialty of Dumitrescu & Partners company is to form and
type commercial and civil agreements as well as assisting the clients in negociating and of
elaborating the agreements, may be a good reason for developing a collaboration.
Needing a legally clear and concise formulation of a particular economic report, different every
time and difficult most of the times, the commercial agreement represents a delicate and laborious
action which always needed the experts of Dumitrescu & Partners. In this direction we have
formulated lots of types of agreements from comodatum and rent to international transport of
goods and travel agency, from cession of social parts to distribution of pharmaceutic products, each
in several copies, each according to the legal report discussed.

8. Property & Constructions
Dumitrescu & Partners Company performs all necessary activities for obtaining the real estate
properties and their change by edification of some constructions.
The law state that we are trying to create is based on the private property, guaranteed and
protected. Dumitrescu & Partners represents and assists its clients in actions for recovery of
properties, reaching to a significant reputation in the field of expertise.
We type notifications on the basis of real estate acts and we complete files for recovery of
properties and constructions, after which we follow the evolution of the recovery procedure.
The real estate transaction involves a deep knowledge of history and area of the land that is
going to be sold or bought. Dumitrescu & Partners consulting company completes previous files of
real estate transactions, obtains cadastral register extracts, certificates of fiscal roll, or
receipts of tax payment and it assists its clients on the entire period of the transfer operations.
We have succeeded in court the action for recovery of some important properties from the
western part of the country, which makes us to recommend ourselves as a successful company for
actions of real estate revendications and retrocession.
The national architectonic property has its own legal norms with protecting and conservation
objectives. Knowing these norms and teaching others about them, we would like it to be one of the
main Dumitrescu & Partners’s concern, contributing this way with our specific consulting for the
perpetuation of national cultural property.
The new constructions built everywhere around us must meet the specific legislation conditions
starting from the distance of the building to the front street area, the functioning conditions of the
elevator or the minimum surface of the interior living area; everything is strictly settled and the
consulting company Dumitrescu & Partners comes to support its clients with its legal and
economical skills in the field.
Since the national legislation does not allow the land acquisition by the foreign citizens, even if
they are members of the European Union countries, Dumitrescu & Partners company elaborates
procedures in obtaining the real estate properties by respecting the legislation in force.
We can obtain urbanism certificates and authorizations for construction, as well as we get
judicial expertises regarding the residence structure or the borders of the building. Contact us before
starting for the edification of your building.

9. Labour & taxation
Understanding the importance of the modern economy, the settlement of the state work and
tax body reports, the consulting Dumitrescu & Partners company counsels the client firms in
the labour rights, fees and taxes.
Continuing to develop, the commercial company gains economic profit and joins the tax payers
category, therefore a new category of rights and obligations rises that people should be aware of.
Our consulting company informs and assists the client firms in getting to know the tax rights and
obligations. It is important to correctly choose between the quality of paying and that of
nonpaying of VAT, as it also important to choose between to pay the profit tax or the income
tax or change the option when the economic conditions dictate.
If the company performs a special activity such as commerce with fuel or with precious metal
and it turns to a company of excise duty paying, Dumitrescu & Partners calculates and establishes
the payment conditions in the most favourable way for the client. Similarly, the consulting activity
for the tax warehouse for the tobacco and alcohol producers, it is formed in order for the
commercial company to gain the maximum profit under the legal provisions.
When you find the income and taxes lists too long or that you don’t understand much about
the tax body dispositions then this means that it is time to contact the consulting Dumitrescu &
Partners company.
A special category of taxes and income represent the one for salaries and if the is a good
employer company it will efficiently settle by the individual work agreement or by the work
collective one, the reports with employees, the taxes amount and the adherent contributions. We
can put to our clients; disposal somepre-established samples or we can think of special clauses for
the individual or work collective agreements.
We assisted our clients while negotiating with the employees’ representatives and, without
imposing exaggerate clauses, we succeeded to successfully protect our client company interests.
Arts & internet
Identifying serious lacks in counseling of intellectual property and internet legislation matters,
the consulting Dumitrescu & Partners company has set itself to cover this delicate field but
extremely useful for the modern society.
The economical and social profound development is determined by the technical and cultural
progress, mainly as an element that brings the increasing of capital and then their investment.

10. The technical and cultural progress involves intellectual creation: artistic, literary or technical
and it involves the settlement for its protection.
The way of protecting the intellectual creation is by registrate and patent it.
The consulting Dumitrescu & Partners company meets the procedures of registration the
technological innovations, of computer games and programs, of the musical or video
creations.
The method of transaction the intellectual property is by licensing it.
Our company assists in negotiating and concluding of some licence agreements in order
to let know about the rights over the intellectual creations and is vigilent about possible violation of
these cessions.
The State Office for Inventions and Trademarks and The Romanian Department for
Copyrights are the main institutions are working with in this field.
The creation of our web site as well as of other million of web sites, represents the cover of an
Internet domain, that is concluding some legal transactions, that mean having rights, and imposes
obligations that the majority of companies do not know. Later on, you will use key words, meta-tags
which could bring benefits to the user but may cause prejudice to another internet user.
We represent the interests of some publishing houses which succeeded with our help to
advantageously settle the reports with competing companies, authors’ representative trade-union
organizations and foreign organisms in the field.
The consultancy of Dumitrescu & Partners company helps you to efficiently use the rights and to
protect yourselves.
The electronic signature and payment, recently settled, are the basis of electronic commerce
development in Romania and if the importance of the electronic protection methods of transactions
is understood by everybody, be the one to understand before anyone about the importance of legal
protection of business.com.
Waiting for the legislation to protective settle the electronic commerce and the payment via
internet, for which there is no significant market in Romania, the consulting Dumitrescu & Partners
company advises about the interdisciplinary field of copyrights on the internet.
International commerce & Foreign investments
The business consulting Dumitrescu & Partners company puts at its clients’ disposal its
expert report in the domains of international transactions and multinational companies.

11. The great international open relationship determined by the free circulation of goods and
persons, the European accesion and the globalization brought a boom of international trade and
multinational investments.
Creating new legal and tax situations, these activities led to signing of some international or
European treaties on one hand, and adopting of some legal Romanian provisions that settle the
relations with foreign elements.
The Romanian or foreign companies confronted with the need of international development
and legal and fiscal risks that these involve, have come to the services of the consulting Dumitrescu
& Partners company.
We assist and negotiate for our clients commercial agreements of foreign meanings, we
look for foreign judgment decisions, we elaborate studies the foreign legislation, necessary
for business development.
Following the normal evolution of this kind of activity, the Dumitrescu & Partners company
has increased collaborations with foreign consulting firms, which are at our clients’ disposal in their
countries.
Financing
The engine of economic activity development and progress needs fuel and the financing is
exactly the fuel that we are talking about.
Soon, the Romanian European accesion will represent important structural funds through
European programs, so this means completing some procedures and accomplishing some
operations through which the consulting Dumitrescu & Partners company will help you obtaining
the right financing for your business growth.
Dumitrescu & Partners company completes files for financing reimbursement and
non reimbursement, as it makes projects for subventions and state assistance.
We have e relevant experience in European programs such as: PHARE, SAPARD or ISPA
and also in domestic financing of that administrative type as National Agency for Small and
Medium Sized Enterprises or National Cultural Fund. We can also mention our success in
access some funds through programs such as Cultura 2000, Europa, Program 6 and Fermierul.
Even if it is about obtaining some conclusive documents from the Chamber of Commerce or
Financial Administration to establishing some fezability studies or business plans, or following
some public procedures of acquisition, the business consulting Dumitrescu & Partners company
will take care of all the necessary activities for obtaining national or international financing.

12. Our experience gained from the beginning of these finance programs existence, a period
characterized by legal inadvertences and bureaucratic obstacles strengthens our belief succeeding and
recommends us as a trustful counsellor in financing your company.
Around the accesion to European Union, the financing project as a way of obtaining financial
sources will represent the only modern option of developing the commercial companies.
Litigation & arbitration
Counting on a young and dynamic team of legal experts, the business consulting
Dumitrescu & Partners company has proved that it can protect its clients’ rights including in
situations of conflict and judiciary litigation.
We often realise that the conventions rigorously negotiated and strictly respected by us are
not always well performed by our partners, often realising that our rights are infringed, that
prejudices are caused therefore we must contact the state legal departments in order to protect our
interests.
Dumitrescu & Partners company is close to its client when it comes to litigious situations,
we assist and legally represent the civil and commercial companies in arbitration
procedures. By using for our clients, the civil and commerical arbitration rules of Chamber of
Commerce, we protect the rights and recover the prejudices and are there for hearing the legal
decisions are given.
Loyal to “justice till the end” principle, we strongly protected and with legally strong
arguments our clients’ interests also in front of the European law courts, the sublime feeling of
justice being our guiding principle and the only border of our approaches.
The collaboration we have with law courts and with the Commission of Arbitration of
Chamber of Commerce has already a long tradition and has proved to be a good choice for our
clients’ interests.
Having all that is necessary from material to territorial point of view, our company’s lawyers
will be always there to represent your interests with professionalism.
We also mention here about our expert report in the difficult solutioning procedures of the
conflicts through negociations and extralegal transactions.

13. Paralegal
Dumitrescu & Partners company assimilated the abilities of business implementation, of
counsellor or representative for its clients.
Confronted with a chaotic legislation in the field, the economic agents feel the need of a
collaboration, of consulting, of some interface between the reports of collaboration or the partners.
Having an impressive data base with information about its clients, Dumitrescu & Partners
company intermediates agreements and helps in developing of some economical operations
for its clients.
In order to conclude agreements with foreign partners we are offering services of public
relations, translation, secretaryship and hospitality.

14. PORTOFOLIO
The services tradition of high professionalism, the wide competence and the perfect elegance
has led important companies to ask the services of Dumitrescu & Partners company.
Among them we mention the following:
Carpatair S.A. - the biggest Romanian aitline company has decided to change its office and
the operational centre from Cluj to Timisoara; also deciding to obtain the authorizations for the
head workplace to the Timisoara International Airport – we are very pleased for help them in
reaching their objectives.
Avon Cosmetics Romania – an important company with huge turnover that uses in its
development the work of hundreds of authorised natural persons and of some small companies
established in the Western part of the country by Dumitrescu & Partners.
Romanian General Products Nutritiv Mix – the producer of well-known products: Aromix,
Legumix, Etimix, of TEC concentrated juice, has benefit from our services several times.
The jewelry corporation from Romania – the only national managed association with office
in Timisoara has as their counselor the Dumitrescu & Partners company.
Oriflame Romania – distributes its products through agencies organised by Dumitrescu &
Partners.
Obtaining the functioning authorization for “La Rascruce” Hotel of ASTA company
from Garana represented at the time a challenge for our company. We are now glad that the first
pension in Semenic and a model for the local industry in the field by organising performaces such as
The Jazz Festival from Garana and Enduromania is functioning also thanks of us.
Relsat Prest, the only authorized company in maintenance and repair of elevators from the
country and European Association of Cognitive Conduct Psychology represent other standard
clients of Dumitrescu & Partners company.
Apart them, various natural persons have found in our services the right way and solution in
solving the problems they encountered. We are here to help them.