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Question: Caribou is looking to expand its business in Romania and is thus looking for a partner to help them navigate the Romanian business market. Given your expertise in the commercial and legal domains, they choose you as a partner to help them establish a new company in Romania.
For this matter, Caribou prepared more than $ 300,000, 2 tones of coffee beans and some equipment for their first step. They want to invest all this in a way that will offer them the possibility to expand very fast in the near future. They would prefer a concentrated approach in order to be able to analyze the evolution in the first year and then take a decision regarding the following steps.
You have to analyze the Romanian provisions in regards to a LLC COMPANY (limited liability company - SRL) and establish how you and Caribou are going to start an activity as partners.
Please determine as a team: - Who will be associated in the new Romanian LLC company alongside Caribou (a new company formed by the team or each team member or only one team member etc.) - How you will be associated in the LLC (participation) - All the elements of the constitutive act, as you would draft them in your new company - All the formal requirements for the incorporation of the company (try to show all the forms in material or electronic forms)
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