Romania: Adoption of NACE Rev. 3 Classification

Romania has introduced a new classification of activities, NACE Rev. 3, effective from 1 January 2025. Government Decision No. 284/2025, published on 25 March 2025, makes the new classification binding for all Romanian legal entities and authorised professionals. All entities incorporated before 1 January 2025 must update their object of activity from NACE Rev. 2 to NACE Rev. 3. The transition period runs for 18 months from publication, with a legal deadline of 25 September 2026 to complete the update. Entities must complete the recodification earlier if they make certain corporate changes, including changes to their registered activities, name or registered office.

Key changes and requirements

The recodification is a mandatory process. Entities must file a standard application with the Trade Registry to obtain an updated list of activities under NACE Rev. 3. Many NACE Rev. 2 codes divide into multiple NACE Rev. 3 codes, so entities must review the resulting list to ensure that only activities they intend to perform remain in their object of activity.

If an entity needs to amend its object of activity, it must prepare and file a shareholders’ resolution approving the change, together with updated articles of association and declarations regarding activities carried out at the headquarters or other locations. Documents may be signed electronically if a qualified electronic signature is used. For filing purposes, Romanian‑language documents are required. Documents signed in another language must be submitted in notarised and apostilled originals with a legalised Romanian translation.

How can we help?

Computershare’s Global Entity Compliance team of professionals can support you to ensure your company is compliant with the legislation. This new requirement reiterates the important need for good statutory compliance and our team would be glad to discuss how we can work with you to meet all requirements.

Contact

Please contact your dedicated Computershare Relationship Manager or send an email to #GLCGSGECNetworkManagement@computershare.com for more information about how Computershare may assist you in responding to these new requirements.

Disclaimer: This notice is provided by Computershare for general informational purposes only and is not intended and should not be construed as legal, regulatory, financial or tax advice. Computershare is not licensed or authorized to practice law in any jurisdictions and hence does not provide any legal advice and it does not hold itself out as doing so. Neither Computershare nor any of its affiliates or contributors accept any responsibility or liability for the quality, accuracy or completeness of any information contained in this notice. It is important that you seek independent professional advice relating to the subject matter of this notice before relying on it.