- The management or administrative body of the company in question shall drawn up a draft terms of conversion along with an explanatory and justifying report regarding the legal and economic aspects of the conversion indicating the consequences of the adoption of the European Company (SE) form for the shareholders and for the employees.
- The draft terms of conversion shall be published in compliance with the national law of each member state. The application for registration shall be accompanied by the evidence of the draft terms of conversion publication.
- Before the General Assembly, one or more experts shall attest that the company has net assets at least equivalent to its capital plus those reserves that can not be distributed, in compliance with the law or with its statute.
- The General Assembly of the company shall approve the draft terms of conversion and the statute of SE.
- For publication in the Official Gazette of Romania, the General Assembly/sole shareholder/ Board of directors/statutory body decision shall be also submitted as a copy, having enclosed the characters counter signed by the requester.
