Company registration in Romania

Registration fee is from 2500 €

Registration period — 7 business days

Minimum authorized capital - 40 euros

Remote opening — yes

Financial statements — yes

Romania is a state in Southeastern Europe, a member of the EU since 2007 and of NATO since 2004. Its capital is Bucharest, and its currency is the Romanian leu (RON). Romania is located at the crossroads of important transport routes between Western Europe, Eastern Europe, and the Balkan region, which makes it a convenient platform for international trade.

What kind of business is Romania ideal for?

  • Manufacturing.

  • Trade.

  • Technology and IT.

  • Agribusiness.

  • Tourism and hospitality.

Main forms of company registration in Romania

The country offers several types of legal forms for registering a business in Romania. The choice depends on the size of the company, the nature of its activity, the number of founders, and tax advantages.

SRL (Societate cu Răspundere Limitată). A limited liability company is the most common form of company for small and medium-sized businesses.

  • Founders: 1 to 50 individuals or legal entities.

  • Liability: Limited to the amount of share capital.

  • Minimum share capital: None (in practice, a symbolic minimum).

  • Features: Flexible management structure, popular among foreign investors.

SA (Societate pe Acțiuni). A joint-stock company is suitable for large businesses and companies planning to attract investors.

  • Founders: Minimum 2 individuals.

  • Liability: Limited to the value of shares.

  • Minimum share capital: 90,000 Romanian lei (~18,000 euros).

  • Features: Mandatory audit and a more complex management structure.

How to start a business in Romania?

The process of registering a company in Romania is not complicated, but it requires compliance with legal norms and rules. To avoid bureaucratic difficulties, contact Maira Consult: we will help you open a company in Romania quickly and reliably and take advantage of all the benefits of this jurisdiction.

Important:

A microenterprise must have at least one full-time employee to apply the preferential 1% rate. There are no restrictions by type of activity (including consulting and management services): the regime is available regardless of industry, provided the turnover threshold is respected.

A real office is required for VAT operations (VAT deduction or refund). The cost of company registration in Romania includes a virtual office.

An SRL remains the simplest and most flexible way for a foreign owner to enter the Romanian market: registration does not require personal presence, and the owner retains full control of the company with no restrictions on the size of the ownership stake. Maira Consult supports the entire process from start to finish, from choosing the company form to opening an account with a Romanian bank.

Romania advantages

1

Convenient geographical location

2

Access to EU countries

3

Favorable tax system

4

Simplified conditions for small businesses

General Information

Registration Features

A person who is already the sole founder of one SRL cannot act as the sole partner of another SRL. This rule is aimed at preventing the concentration of business in the hands of a single founder through multiple companies.

Company Name

To register a company, at least three name options must be submitted in writing, listed in order of priority. The final choice and approval of one of them is made by the Trade Register.

Authorized Capital

The minimum share capital must be 200 Romanian lei (RON), approximately 40 euros.

Director

The individual may be a non-resident.

Shareholders

Founders can be either individuals or legal entities, and they may be foreigners.

The maximum number of founders (individuals or legal entities) must not exceed 50 persons.

Financial Reporting

All companies in Romania are required to submit an annual financial report to the Trade Register and the tax authorities. The deadline for submitting the report is May 30 of the year following the reporting period.

Quarterly reports:

Depending on the size of the company and the type of activity, it may be necessary to submit quarterly financial reports.

  1. If the company is a corporate income tax payer, it is required to file returns quarterly or annually (depending on the company's size and turnover).

VAT returns are filed monthly or quarterly, depending on the company's turnover in Romania.

Taxation

  • Corporate income tax: 16%.
  • Micro-enterprises with an annual turnover of up to 100,000 euros and at least one full-time employee pay a flat rate of 1% of turnover instead of corporate income tax. If the 100,000 euro threshold is exceeded, the company switches to the standard rate of 16% on net profit, starting from the quarter in which the threshold was exceeded.
  • The standard VAT rate is 21%. Companies automatically become VAT payers if their annual turnover exceeds 60,000 euros.
  • Dividend tax: 10%.

Confidentiality

All legal entities registered with the Trade Register must provide information about their beneficial owners. Active companies must update this data annually or whenever any changes occur.

Stages of company registration

01

Choosing the name and form of the company

To open a company in Romania, it is necessary to reserve a company name and decide on the legal form of business. As a rule, non-residents choose an SRL.

02

Preparation and collection of documents

It is possible to open a firm in Romania entirely remotely, using a notarized power of attorney. We prepare the incorporation documents, since a company in Romania can be opened on the basis of a charter, which specifies the main type of activity as well as details about the structure of the share capital and the shareholders' personal data.

03

Identification of company participants

If the company registration in Romania is done remotely, it is necessary to provide information about the director and shareholder, scanned copies of foreign passports, and proof of residential address.

04

Formation of the share capital (if necessary)

It is possible to open a firm in Romania without paying in the share capital, but it must be paid in immediately after opening an account with a bank in Romania. To open a bank account, a visit to the bank branch is required.

05

Company registration

As soon as all the documents for registering the company in Romania are ready, we submit them to the register. After approval by the Trade Register, the decision on incorporation is published in the "Trade Register Gazette." The company is also registered with the General Directorate of Public Finance and receives a tax registration number.

06

Receiving of corporate documents

At this stage, we obtain the corporate documents of the Romanian company.

07

Legalization of documents (if necessary)

If it is necessary to open an account with a foreign bank for the Romanian company, the documents are sent for apostille.

08

Delivery of corporate documents

Delivery of the Romanian firm's documents, if needed.

Answers to the Most Common Questions:

To register a company in Romania, you need to choose a unique name, determine the legal form (for example, SRL or SA), prepare the founding documents, register a legal address, and appoint a director. The documents are submitted to the National Trade Register of Romania. Registration includes opening a temporary bank account to deposit the share capital. The process can be carried out through trusted agents.
Yes, company registration in Romania can be done online. Founders do not need to be present in the country, but this requires a notarized power of attorney for a representative and remote processing of the necessary documents.
The cost of registering a company in Romania starts from 2,500 euros. This amount includes document preparation, registration services, and payment of state fees. Additional services, such as providing a legal address or assistance with opening a bank account, are paid separately.
Registering a company in Romania takes from 7 to 14 business days. The exact timeframe depends on how quickly the documents are provided and the workload of government authorities.
Yes, non-residents have the right to register companies in Romania. There are no restrictions on foreigners participating as founders or directors, which makes Romania attractive for international business.
Yes, non-residents can freely start a business in Romania. This requires preparing a standard package of documents, including a passport and proof of residential address, as well as obtaining a tax number.
SRL (Societate cu Răspundere Limitată) is a limited liability company, an equivalent of an LLC. It is the most popular form of doing business in Romania, suitable for small and medium-sized businesses. Members are liable within the limits of their contribution to the share capital.
The corporate income tax rate in Romania is 16%. For microenterprises with an annual turnover of up to 100,000 euros and at least one full-time employee, a single reduced rate of 1% of turnover applies.
SA (Societate pe Acțiuni) is a joint-stock company, similar to a closed or open joint-stock company in other countries. This form is suitable for large businesses and requires a minimum share capital of 90,000 Romanian lei (about 18,000 euros). Shares can be freely transferred or sold.

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40B Ivan Franko St., office 207

Legal information

MAIRA LLC

EDRPOU code: 38202700

Jurisdiction: Ukraine

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