Company registration in Romania

Romania is located in the southeast of Europe, on the Balkan Peninsular. While this country has been a member of the European Union since 2007, the Romanian leu (RON) still serves as its official currency.

Romania has successfully transitioned to a market economy and now boasts low inflation rates and robust economic growth. Its economy is driven by key industries including oil production, agriculture, machinery, and metallurgy. Tourism has experienced a notable expansion in recent years. Romania actively welcomes foreign investment, offering non-resident businessmen favourable working conditions and various privileges.

ADVANTAGES OF REGISTERING A COMPANY IN ROMANIA

In addition to Romania’s membership in the EU, which undoubtedly facilitates businesses’ access to European markets, registering a company in this country offers several other compelling advantages. These include:

favourable tax conditions, with an income tax rate of 16% for companies with a turnover exceeding 1 million euros per year, and 1-3% for companies with a turnover below 1 million euros per year;
existence of double taxation agreements with over 80 countries;
political stability and supportive legislation;
well-developed infrastructure;
a dynamically growing economy;
access to qualified and relatively affordable personnel.

AVAILABLE TYPES OF BUSINESS ORGANISATION IN ROMANIA

In Romania, foreign entrepreneurs can register a company in any of the officially proposed legal forms. However, the most popular options include:

SRL — a limited liability company. This option is highly favoured, with an authorised capital requirement of at least RON 200 (approximately 60 euros). It must be fully deposited into the account before the registration process. The establishment requires only one shareholder.
SA — a joint-stock company. With a minimum authorised capital of 90,000 RON (approx. 20,000 euros), of which at least 30% must be paid in advance. The establishment process requires the involvement of a minimum of two individuals.
Partnerships. There are no specific requirements regarding the size of the authorised capital. A company can be founded by at least two partners with unlimited liability.

FEATURES OF COMPANY REGISTRATION IN ROMANIA

The registration procedures required for founding a company in Romania generally align with European standards. Both individuals and legal entities can register new enterprises here. Additionally, it’s important to note that the company name must include at least one Romanian word.

As part of the registration process, a local legal address is mandatory. Furthermore, opening an account at a local bank is required, which may necessitate the personal presence of the founder in some instances.

All documentation for business registration must be submitted in Romanian. Typically, the registration process takes approximately two weeks. To streamline the registration procedure, COREDO employees offer their assistance. They supply qualified support in matters related to opening and managing a business in Romania, ensure accurate document execution, and provide up-to-date legal information.

	Company registration in Albania	More
	Company registration in Andorra	More
	Company registration in Austria	More
	Company registration in Belgium	More
	Company registration in Bosnia and Herzegovina	More
	Company registration in Bulgaria	More
	Company registration in Croatia	More
	Company registration in Cyprus	More
	Company registration in Czech Republic	More
	Company registration in Denmark	More
	Company registration in Estonia	More
	Company registration in Finland	More
	Company registration in France	More
	Company registration in Germany	More
	Company registration in Greece	More
	Company registration in Hong Kong	More
	Company registration in Hungary	More
	Company registration in Iceland	More
	Company registration in Ireland	More
	Company registration in Italy	More
	Company registration in Latvia	More
	Company registration in Liechtenstein	More
	Company registration in Lithuania	More
	Company registration in Luxembourg	More
	Company registration in Malta	More
	Company registration in Monaco	More
	Company registration in Netherlands	More
	Company registration in North Macedonia	More
	Company registration in Norway	More
	Company registration in Poland	More
	Company registration in Portugal	More
	Company registration in Singapore	More
	Company registration in Slovakia	More
	Company registration in Slovenia	More
	Company registration in Spain	More
	Company registration in Sweden	More
	Company registration in Switzerland	More
	Company registration in UK	More

LEAVE AN APPLICATION AND GET
A CONSULTATION