Opening A Business In Romania

Full Details:

In Romania you can register as a Shareholder or Sole Shareholder of a Company only with the Passport. Here are the information about Limited Liability Company Registration process.

IF YOU NEED HELP WITH THE REGISTRATION OF THE LIMITED LIABILITY COMPANY, HERE IS WHAT YOU NEED TO DO

You don’t need to obtain a Residence Permit in order to open a business in Romania. Usually it is the other way around. First, you open a company that you have to manage it. In order to obtain the residency, you will need to be the director of that company. After that, you can obtain the Residence Permit for a legal stay. That is more than 90 days, in Romania, the Residence Permit for business purposes will be issued for a period of 1 year.

If you want to open a Romanian Company, you first need your Passport and a head office address for the company. In case you don’t have an office address for the company, you can register the headquarters of the company at our Law Office for one year. This is the maximum period allowed by the law for this kind of service. 

We will complete for you the legal forms regarding the head office address, the contracts, company name and the registration procedure so you can start the business. Also, we will prepare the needed documents for the registration procedure.

For more information about the registration of the limited liability company, we are here to help.

The legal service for the headquarters is hosting the head office of the company. It is offered without any activity at the address. In this case, the activities of the company has to be offered to third parties, outside of the company’s registered head office.

If you want to register the company and you are not in the country, we can help you with this by Power of Attorney. You can contact us and we will send you all the details.

Furthermore we can prepare all the documents for you. Then you can easily open the Romanian company, with a minimum share capital for the new company formation.

You will know from the beginning the complete fees and taxes needed. We will inform you about every step that we take before the Trade Registry Office in Romania. And you will know from the beginning what does it mean to be a legal person in Romania.

Opening a Romanian business needs that your company headquarters to be in Romania. The location offers numerous advantages, making it an attractive option for entrepreneurs.

The country has a stable political environment and a strategic geographic location allowing businesses to access both European and global markets. Furthermore, Romania boasts low tax rates, highly developed infrastructure, and minimal bureaucracy when compared to other countries in the region and in the E.U.

When opening a company in Romania with foreign investment and share capital, there are several legal entities and steps to be taken for legal form to be met. The first is to register with the National Trade Register Office (ONRC). This is done by submitting the necessary documents such as the company’s articles of incorporation and the other needed documents to trade register offices.

It is also important that you open a Romanian bank account, which can be done online – if you have an electronic signature, through most banks, and accounting services in Romania. Once you have successfully registered with the ONRC and obtained a bank account, foreign investors and business will be ready to start operating your business through your Romanian company.

Starting a company in Romania opens up numerous opportunities for entrepreneurs looking to take advantage of the country’s strong economic growth, low taxes, and proximity to global markets.

With the right preparation and guidance, entrepreneurs can easily set up their business operations and reap the rewards of doing so in Romania.

Business Culture of Romania

If you’re looking to open a company establishment in Romania, there are many reasons why it’s an attractive option for company formation. From the country’s excellent infrastructure and welcoming population to its competitive tax rates and vibrant culture, Romania has a lot to offer entrepreneurs.

The business culture in Romania is incredibly friendly and supportive. There are several chambers of commerce around the country that can help you understand Romanian law and regulations for businesses, as well as provide valuable networking opportunities with local companies.

Additionally, the Romanian government offers various grants and incentives for new businesses, making it easier than ever to get your venture up and running.

If you are interested in opening a joint stock company, we can also help with the incorporation of this legal entities. The legal procedures for this entities are more complicated than a limited liability company incorporation, but we can guide you through the process and we can set up the company and also a plan for foreign investors.

Romania also boasts flexible labor laws which allow employers to employ people from other European countries – allowing international businesses or joint stock companies to tap into a larger pool of potential employees.

Additionally, the cost of living in Romania is lower than that of many other European countries or European union, making it an attractive location for businesses looking to operate on a tight budget within annual financial statements.

All in all, Romania offers entrepreneurs a great opportunity to open a business and start their journey towards success. With its welcoming culture and supportive infrastructure, tax regime, dynamic and competitive economy, you’re sure to find exactly what you need here.

Moreover, the country is known for its creativity and innovation; with some of the best universities in Europe located within Romania’s borders, there’s no shortage of talented individuals who can help bring your ideas to life.

We are sure you can find here a business community that will help you develop.