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Regarding the judicial fees, Law no. 146/1997 that regulates this area, establishes two differentsystems of calculation, depending on the object of the claim or action. If the object of a claim isassessable in money, the value of the goods will determine the judicial fee. The more valuablethe goods are, the higher the judicial fee will be. In all other situations, if the object is notassessable in money, the judicial fee is established according to the rights and claims appealedfor. Nevertheless, the aforementioned law establishes specific situations in which the party doesnot have to pay the judicial fee or in which a reduced fee shall apply, grading or postponing ofthe payment.IV. CORPORATE LAW1. Different forms of investmentsIn case of a new investment, a foreign company has two main possibilities: to enter into arelationship of cooperation with a Romanian company or to initiate a venture in an unknownterritory based of their own achieved experience. Both alternatives entail risks. The firstalternative is risky because it implies long term relations based on trust with local associatesthat m0.ight prove unreliable, and consequently, these partners ought to be carefully selected.The second alternative has the inconvenient that, in most cases, the foreign investor is notfamiliar with the local rules and customs. In both cases, it would be advisable resorting tospecialized consulting services in areas such as the legal, tax, management or businessconsultancy.In consideration of the above, there are four main types of investments:• Greenfield (new investments, built on a so called green field)• Brownfield (purchase of shares in an already existing Romanian company)• Joint Venture (new structure set up in collaboration with a local partner)Although the greenfield investment seems to be the least safe, this form of investment may bepreferable and may bring profit in a short period of time, if thorough planning is carried out andif certain specific elements are taken into consideration.Thus, important successes were gained in Romania by many foreign companies, very oftensubsidiaries or other structures of these companies established in our country proved to bringbigger profits in comparison with other corporate structures of the same companies set up inother countries.In case of the brownfield investments, both the aspects of the applicable legislation and thegeneral situation of the company whose shares are to be purchased must be examined.Consequently, many foreign investors decide to conclude a shareholders agreement (a contractbetween associates) that must not be mistaken with the social contract (article of association)that needs to meet specific prior conditions and that must be submitted to the Trade Register,whilst the shareholders agreement can be drafted, obviously observing certain mandatorydispositions, without any formal or substantial preestablished requirements. Also, a Duediligence verification may be carried out, the report that concludes the analysis having the roleof pointing out the problematic aspects or possible risks.6