National Union of Insolvency Practitioners in Romania*

By exception from the procedure provided in lit. A, under the conditions of art. 24 para. (3) of GEO no. 86/2006, citizens of a Member State of the European Union or of the European Economic Area, including citizens of the Swiss Confederation who have acquired the status of insolvency practitioner in one of these states, may register in the UNPIR Register for the purpose of practicing the profession in Romania, without undergoing the examination procedure. UNPIR automatically recognizes the document issued by the competent authority of the respective state on the basis of which the applicant legally practices the profession of insolvency practitioner.

All UNPIR members, insolvency practitioners, natural or legal persons, are included in the Register of the profession, available at the following link: https://www.unpir.ro/tablou.

By way of exception from the procedure provided under letters A and B, under the conditions of art. 24 para. (7) of GEO no. 86/2006, citizens of a member state of the European Union or of the European Economic Area, including citizens belonging to the Swiss Confederation, who have acquired the status of insolvency practitioner in one of these states, may temporarily or occasionally practice the profession of insolvency practitioner. The temporary exercise of the activity consists in carrying out the activity for a limited period of time that must be indicated by the applicant. Occasional exercise means carrying out the activity of insolvency practitioner for a single debtor from the opening of the proceedings until their closure.

All UNPIR members, insolvency practitioners, natural or legal persons, are included in the Professional Registry, available at the following link: https://www.unpir.ro/tablou

According to art. 24 paragraphs (1), (2), and (4) of GEO no. 86/2006 regarding the organization and practice of the insolvency practitioner profession, approved by Law no. 254/2004, with subsequent amendments and completions, natural or legal persons with the nationality of a Member State of the European Union or a state belonging to the European Economic Area, including the Swiss Confederation, may acquire the status of insolvency practitioner according to the provisions of GEO no. 86/2006, under the same conditions as Romanian legal entities, under the following conditions:

Under the conditions of art. 24 paragraph (4) of GEO no. 86/2006, legal entities established in a Member State of the European Union or of the European Economic Area, where they legally practice the activity of insolvency practitioner, may register in the UNPIR Registry, in order to practice the profession in Romania under the conditions of this emergency ordinance, the status of insolvency practitioner acquired in the country of origin being automatically recognized.

All members of UNPIR, insolvency practitioners, natural or legal persons, are included in the Professional Registry, available at the following link: https://www.unpir.ro/tablou

According to art. 24 para. (1) and (2) of GEO no. 86/2006 regarding the organization and practice of the profession of insolvency practitioner, approved by Law no. 254/2004, with subsequent amendments and completions, natural persons who are citizens of a member state of the European Union or a state belonging to the European Economic Area, including citizens of the Swiss Confederation, may acquire the status of insolvency practitioner according to the provisions of GEO no. 86/2006, under the same conditions as Romanian citizens, under the following conditions:

a. to have completed university studies with a diploma issued by a higher education institution in Romania or another member state of the European Union, or a state belonging to the European Economic Area, recognized by the competent Romanian authorities, according to the law, certifying the completion by the holder of a university degree cycle in law or economic sciences and to have at least 3 years of experience in the legal or economic field from the date of obtaining the higher education diploma;

b. is not found in any of the cases of unworthiness provided by art. 25 of GEO no. 86/2006, namely has not been convicted by final court decision for committing an intentional offense likely to harm the prestige of the profession, including any corruption offense, as well as for the offenses provided by Law no. 31/1990 regarding commercial companies, republished, with subsequent amendments and completions, which determine the legal incapacity to acquire or hold the status of founder, administrator, member of the supervisory board, member of the directorate or director of a commercial company, and Law no. 85/2006 regarding insolvency proceedings, with subsequent amendments and completions.

c. to be declared admitted to the examination for granting the status of insolvency practitioner,

d. to pay the examination registration fee in the amount provided by the Statute regarding the organization and practice of the profession of insolvency practitioner (r5)

All UNPIR members, insolvency practitioners, natural or legal persons, are included in the Professional Register, available at the following link: https://www.unpir.ro/tablou

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According to art. 24 paragraphs (1), (2) and (4) of GEO no. 86/2006 regarding the organization and exercise of the profession of insolvency practitioner, approved by Law no. 254/2004, with subsequent amendments and completions, natural or legal persons having the nationality of a member state of the European Union or a state belonging to the European Economic Area, including the Swiss Confederation, may acquire the status of insolvency practitioner according to the provisions of GEO no. 86/2006, under the same conditions as Romanian legal persons, under the following conditions:

Under the conditions of art. 24 paragraph (7) of GEO no. 86/2006, legal entities established in a member state of the European Union or the European Economic Area where they legally carry out the activity of insolvency practitioner may be registered in the UNPIR Registry, in order to exercise the profession temporarily or occasionally in Romania, under the conditions of this emergency ordinance, with the status of insolvency practitioner acquired in the state of origin being automatically recognized.

The temporary exercise of the activity consists in carrying out the activity for a limited period which must be indicated by the applicant. Occasional exercise means carrying out the activity of insolvency practitioner for a single debtor from the opening of the procedure until its closure.

All UNPIR members, insolvency practitioners, natural or legal persons, are included in the Profession Registry, available at the following link: https://www.unpir.ro/tablou