Register a company in Romania
Register a company in Romania, open a business bank account, and stay compliant – all in one place.
Welcome to this inspiring article about setting up a company in Romania! Whether you’re a seasoned entrepreneur or just starting out, this article provides valuable insights and practical tips to help you get started. Do you want to start a business in Romania ?
Legal requirements company formation in Romania
Setting up a company in Romania requires you to meet certain legal requirements. Here are some important points to keep in mind when doing a company registration in Romania:
Registration of a company with the Trade Register in Romania
All companies must register with the Romanian Trade Register. This process involves filing various documents such as the memorandum of association and articles of association. You need to file all these documents. We do it remote so you do not have to travel at the start. You will do all these papers with a local notary in Belgium with our assistance. You will travel after that your company is created in Romania.
Tax Number
You need a tax number, which is issued by the Romanian tax authorities.
Bank account in Romania
Open a business bank account in Romania to manage financial transactions.
Social Security in Romania
Register your company with the social security authorities to comply with labor laws.
Business Opportunities in Romania
Romania offers an abundance of business opportunities for entrepreneurs. Here are some sectors that are particularly promising:
IT and Technology
Romania is known for its strong IT sector, with a large number of talented professionals and competitive costs.
Agriculture
With fertile land and a favorable climate, the agricultural sector offers numerous opportunities for investments. Are you ready for agriculture in Romania ?
Tourism
The tourism sector is growing rapidly, with an increasing number of visitors wanting to discover Romania’s natural beauty and cultural heritage.
Our offer for your company creation in Romania
We offer the best start for your new business with a complete package of services. A limited company formation package offering compliance and privacy. I have created specialist packages for customers who want to set up a company in Romania and that are based outside of Romania.
We include everything you need to form a Romanian limited company in this package:
- Reservation of the company’s name;
- Drafting of the Articles of Association and statements of the shareholders and directors;
- Submitting the share capital to a chosen bank;
- Filling out the necessary application and submitting it to the Local Trade Register in the presence of the deputy judge;
- Undertaking the Certificate of Incorporation and the VAT number;
- Our firm can provide you with a registered office;
- We will take all the steps with the Romanian authorities in order to obtain the mandatory legal documents (same for the authorizations);
- Bank account introduction for opening of an account with internet banking and debit card;
- I Assist with contract negotiation (e.g. accountant, Revisal services);
We will prepare all the necessary documents and complete all registration processes in Romania.
Reduced prices for office rents, salaries and accountant expenses combined with the low corporate taxes, and an important number of double taxation avoidance treaties, make Romania a perfect destination for starting or moving a business from abroad.
Feedback
We’d love to hear from you! Please share your thoughts and suggestions so that I can improve my future articles. Give your feedback. Thank you for reading and good luck with your entrepreneurial adventures in Romania!
Mail frjacobs@telenet.be for more info
Read also: https://investmentinromania.com/2023/01/17/what-is-the-procedure-for-opening-a-company-in-romania/
More articles on company formation in Romania:
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Taxation of corporations in Romania
Guide for setting up a company in Romania