Registration fee is from 2500 €
Registration period — 7 working days
Minimum authorized capital - 40 euros
Remote opening — yes
Financial statements — yes
Romania is one of the most popular European jurisdictions for starting a business due to its favorable conditions and wide opportunities for entrepreneurs. It is a country that harmoniously combines a stable economy, progressive legislation and a favorable tax system. Romania is located at the intersection of important transportation routes between Western Europe, Eastern Europe and the Balkan region, making it an ideal platform for international trade.
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 the activity, the number of founders and tax advantages.
1. SRL (Societate cu Răspundere Limitată). A limited liability company is the most common form of company for small and medium-sized businesses.
2. SA (Societate pe Acțiuni). A joint-stock company is suitable for large businesses and companies planning to attract investors.
The process of registering a company in Romania is not complicated, but it requires compliance with legal rules and regulations. To avoid bureaucratic difficulties, contact Maira Consult - we will help you quickly and reliably open a company in Romania and take advantage of all the benefits of this jurisdiction.
Important:
Not all companies can use the status of a microenterprise. If more than 20% of your company's revenue comes from consulting or management services, you will not be able to apply the simplified taxation system.
A real office is required for VAT transactions (VAT deduction or refund). The cost of registering a company in Romania includes a virtual office.
Contact Maira Consult today and we will help you start a business in Romania!
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Convenient geographical location
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Access to EU countries
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Favorable tax system
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Simplified conditions for small businesses
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 avoiding concentration of business in the hands of one founder through several companies.
To register a company, you must submit at least three name options in writing, arranged in order of priority. The final choice and approval of one of them is made by the Commercial and Industrial Register.
The minimum authorized capital must be 200 Romanian lei (RON), approximately 40 euros.
An individual, can be a non-resident.
The founders can be both individuals and legal entities, and can be foreigners. The maximum number of founders (individuals or legal entities) should not exceed 50 people.
All companies in Romania are obliged to submit an annual financial report to the Commercial and Industrial 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. 2. If a company is a corporate tax payer, it is required to file declarations on a quarterly or annual basis (depending on the size and turnover of the company). VAT returns are filed monthly or quarterly, depending on the company's turnover in Romania.
- If the annual turnover does not exceed 500,000 euros and the company has at least one full-time employee, the income tax is 1% of the turnover. -If there is no full-time employee, the tax increases and the company must pay a 16% income tax. - If the annual turnover exceeds 500,000 euros, the company in Romania switches to a rate of 16% of net profit. - The standard VAT rate is 19%. - Companies automatically become VAT payers if their annual turnover exceeds EUR 60,000. Dividends are taxed at 8%.
All legal entities registered in the Commercial and Industrial Register must provide information about their beneficiaries. Existing companies must update the data annually or upon any changes.
In order to open a company in Romania, you need to reserve a company name and decide on an organizational and legal form. As a rule, non-residents choose SRL.
It is possible to open a company in Romania completely remotely with the help of a notarized power of attorney. We prepare constituent documents, since it is possible to open a company in Romania on the basis of a charter, which specifies the main type of activity, as well as details about the share capital structure and personal data of shareholders.
If the company registration in Romania is remote, it is necessary to provide information about the director and shareholder, scanned copies of passports, confirmation of the address of residence.
It is possible to open a company in Romania without paying the authorized capital, but it must be paid immediately after opening a bank account in Romania. To open a bank account, you need to visit a bank branch.
As soon as all the documents for registering a company in Romania are ready, we submit them to the registry. After the approval of the Commercial and Industrial Registry, the decision on the establishment is published in the Commercial Registry Bulletin. The company is also registered with the General Directorate of Public Finance and receives a tax registration number.
At this stage, we receive the corporate documents of the Romanian company.
If you need to open an account in a foreign bank for a Romanian company, we send the documents for apostille.
Delivery of documents of a Romanian company if necessary.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207