Offer: Registration of a Company in Romania – set up or buy a ready-to-operate Romanian Company
Your consultant
Alina Marinich
Senior Business Consultant
GENERAL INFO
Romania is a country of southeastern Europe with capital city – Bucharest, member state of the EU. Romania has advantageous tax conditions for small companies – the corporate tax can be 1-3%! The most popular type of entity in this country is limited liability company (societate cu raspundere limitata, SRL).
REGISTRATION PROCESS
Firstly, you choose:
- future name of the company which should be checked for its existence;
- structure of the company;
- share capital (min RON 200 (~ EUR 50));
- reg. office;
- activity of the company and regions of business.
When all fees and share capital be paid, we prepare a set of documents for company incorporation, which will be filled to the Romanian Trade Register. After that upon completion of handling the application, the Register issues the Certificate of Incorporation.
The overall average for registration of Romanian company is approximately 2 weeks.
TAXES
Romania has the most advantageous tax regime for small companies in the European Union. A company is treated as a micro-enterprise if its revenue in the past years did not exceed EUR 1.000.000. So, if the company has min. 1 employee, the income tax rate will be 1%.
And if there are no full-time employees, the tax will be 3%.
To identify the company’s tax burden, we recommend to receive tax advice prior starting the business (we can arranged upon request).
FEES
Services | Fees (EUR) |
Total cost of company formation with 1 member and standard Articles of Association | 3.465 |
Payment of the min. share capital | 50 |
Account opening in a local bank | 945 |
Registered office for the 1st year: physical office lease | 3.565 |
Total: |
8.025 |