How to register a company in Romania?

In order to register a company in Romania, you need to choose the type of company form you want to incorporate, to prepare the necessary documents and to submit the application to the Romanian Trade Registry. Most common forms of companies in Romania are the Limited Liability Company (LLC), Joint Stock Company (SA) and sole trader (PFA).

How long does it take to open a company in Romania?

The company formation in Romania process will take 2 working days, since the date the incorporation application is submitted to the Romanian Trade Registry.

What is the main advantage to open a company in Romania?

One of the lowest taxation in EU: 1% turnover tax for the companies whose turnover does not exceed EUR 60,000 and have at least one employee or 3% turnover tax if the companies has a revenue exceeding EUR 60,000 or the companies is engaged in some specific activities.

Can I start a company in Romania as a foreigner?

Foreign citizens and legal persons can quickly and easily incorporate their own company in Romania, without any restrictions. There is no need for a Romanian shareholder and director

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05 October 2024

Privacy Policy

Privacy Policy for Romanian Advocacy. Your Legal Partner in Romania

Welcome to Romanian Advocacy (www.roadvocacy.ro), a platform dedicated to promoting legal and social advocacy in Romania. Your privacy is important to us, and this Privacy Policy outlines how we collect, use, and protect your personal data. Please read this document carefully to understand our practices regarding your personal information.

1. Data Controller

The data controller for www.roadvocacy.ro is:

Romanian Advocacy: Law Office Craciun Tudor Alexandru
Email: tudor@roadvocacy.ro
Address: 4th Știrbei Vodă St., entrance D, apt. 127, 010111, Bucharest, Romania

2. Information We Collect

We collect and process several types of personal data, including but not limited to:

2.1 Personal Data You Provide

Registration Information: When you want to subscribe to our newsletters or to be contacted by Romanian Advocacy, we collect your name, email address, phone number.
Communications: If you contact us via email, contact forms, or other communication channels, we collect the information you provide, such as your name, email address, phone number, and message content.
Donations and Payments: If you make a donation or payment through our website, we collect financial information such as credit card details and billing addresses (processed by third-party payment processors).

2.2 Automatically Collected Information

Cookies and Tracking Technologies: We use cookies, web beacons, and similar tracking technologies to collect information about your browsing activities on our website. This includes IP addresses, browser type, and browsing history.
Device Information: We may collect information about the device you use to access our website, such as the hardware model, operating system version, and mobile network information.
Log Data: Our servers automatically log information when you visit the website, such as IP addresses, access times, and the pages viewed.

2.3 Third-Party Sources

We may also collect information about you from third-party sources, including social media platforms if you choose to interact with us via social media accounts (Facebook, Instagram, Twitter, etc.).

3. How We Use Your Information

We use your personal information for the following purposes:

3.1 To Provide Services

Manage your account on our website.
Send you newsletters, updates, or information you have subscribed to.
Process donations or payments you make through the website.

3.2 To Improve Our Services

Analyze how users interact with our website to improve functionality.
Conduct user feedback surveys to enhance our advocacy efforts.

3.3 For Legal Compliance

Comply with legal obligations, including applicable Romanian laws and EU data protection regulations (GDPR).
Respond to legal requests and prevent fraud or other illegal activities.

3.4 Marketing and Communication

Send promotional content and offers related to our advocacy campaigns, events, and updates. You can opt out of these communications at any time by clicking the unsubscribe link.

4. Legal Basis for Processing Personal Data

Under the General Data Protection Regulation (GDPR), we rely on the following legal bases to process your personal data:

Consent: When you subscribe to our newsletters or consent to cookies, we process your data based on your explicit consent.
Contractual Necessity: When you make donations or register for services, we process your data to fulfill our contractual obligations.
Legitimate Interests: We may process your data to improve our services and promote advocacy initiatives, provided that such processing does not outweigh your privacy rights.
Legal Obligation: We may process your data when required by law, such as for tax or legal compliance.

5. Cookies and Tracking Technologies

We use cookies and similar technologies to enhance your experience on our website. Cookies are small text files placed on your device that help us understand user behavior and improve the site’s functionality.

5.1 Types of Cookies We Use

Essential Cookies: These cookies are necessary for the website to function correctly.
Analytics Cookies: These help us understand how visitors use our website and track website performance.
Marketing Cookies: Used to deliver relevant ads and track marketing campaign performance.

5.2 Managing Cookies

You can manage or disable cookies through your browser settings. Please note that disabling cookies may limit the functionality of the website.

6. Data Sharing and Disclosure

We do not sell or rent your personal information to third parties. However, we may share your data in the following circumstances:

6.1 With Service Providers

We may share your information with third-party service providers (such as hosting providers, email marketing services, and payment processors) to perform services on our behalf.

6.2 With Legal Authorities

We may disclose personal data when required by law or to protect our rights, users, or the public from harm or illegal activity.

6.3 In Case of Business Transfers

In the event of a merger, acquisition, or transfer of assets, we may transfer your personal information to the new owner or controlling party.

7. Data Retention

We retain your personal information for as long as is necessary to fulfill the purposes for which we collected it, including for legal, accounting, or reporting requirements. The retention periods for personal data are as follows:

Newsletter Subscriptions: Until you unsubscribe.
Donor Information: Retained for the duration required by tax and legal regulations.
Account Information: Retained for as long as your account is active, and up to 2 years after deactivation.

8. Security Measures

We implement reasonable security measures to protect your personal data from unauthorized access, loss, misuse, or disclosure. These measures include encryption, firewalls, and regular security assessments.

However, no method of data transmission or storage is 100% secure, and we cannot guarantee the absolute security of your personal information.

9. Your Rights Under GDPR

As a data subject in the EU, you have the following rights under GDPR:

9.1 Right to Access

You have the right to request access to the personal data we hold about you and obtain a copy.

9.2 Right to Rectification

If any of your personal information is inaccurate or incomplete, you have the right to request corrections.

9.3 Right to Erasure

You have the right to request the deletion of your personal data under certain circumstances, such as when the data is no longer needed or if you withdraw your consent.

9.4 Right to Restrict Processing

You can request that we limit the processing of your data in certain situations, such as if the accuracy of the data is contested.

9.5 Right to Data Portability

You have the right to receive your personal data in a structured, commonly used, and machine-readable format and to request the transfer of this data to another data controller.

9.6 Right to Object

You may object to the processing of your personal data for direct marketing purposes or based on legitimate interests.

9.7 Right to Withdraw Consent

Where we rely on your consent to process your data, you have the right to withdraw your consent at any time.

9.8 Right to Lodge a Complaint

If you believe that our processing of your data violates GDPR, you have the right to file a complaint with the Romanian Data Protection Authority (ANSPDCP).

10. International Data Transfers

We do not transfer your personal information to countries outside the European Economic Area (EEA).

11. Children’s Privacy

Our website is not intended for children under the age of 16, and we do not knowingly collect personal data from children. If you believe that we have collected information from a child under 16, please contact us, and we will take appropriate steps to delete the data.

12. Changes to this Privacy Policy

We reserve the right to update or modify this Privacy Policy at any time. Any changes will be posted on this page with an updated "Effective Date." We encourage you to review this policy periodically to stay informed about how we are protecting your information.

13. Contact Us

If you have any questions or concerns regarding this Privacy Policy or your personal data, please contact us at:

Email: tudor@roadvocacy.ro
Address: 4th Știrbei Vodă St., entrance D, apt. 127, 010111, Bucharest, Romania

By using our website, you acknowledge that you have read and understood this Privacy Policy and agree to the collection and use of your personal information as outlined.

The blog of the Romanian lawyer

The Lawyer's corner is nothing else but a legal blog dedicated only for entrepreneurs and investors in Romania

Weekly usefull posts about the investors' first steps in Romania, from the perspective of practicing business law, servicing our clients' needs and litigation, written and published by a Romanian litigation lawyer with over 15 years experience

Romanian Advocacy

| Your Business | Our Mission |

Romanian Advocacy

| Your Business | Our Mission |

Romanian Advocacy

| Your business | Our mission |

Full range of legal services for businesses, companies and individuals. Your lawyers in Romania.

Visit us at our headquarters:

Romanian Advocacy

4th Știrbei Vodă St., entrance D, apt. 127, 010111, Bucharest, Romania

tudor@roadvocacy.ro

+40 723 773 759

Useful links

Why invest in Romania

Terms and conditions

Privacy Policy. GDPR

Contact us

Privacy Policy

Privacy Policy for Romanian Advocacy. Your Legal Partner in Romania

1. Data Controller

The data controller for www.roadvocacy.ro is:

Romanian Advocacy: Law Office Craciun Tudor Alexandru

Email: tudor@roadvocacy.ro

Address: 4th Știrbei Vodă St., entrance D, apt. 127, 010111, Bucharest, Romania

2. Information We Collect

We collect and process several types of personal data, including but not limited to:

2.1 Personal Data You Provide

Registration Information: When you want to subscribe to our newsletters or to be contacted by Romanian Advocacy, we collect your name, email address, phone number.

Communications: If you contact us via email, contact forms, or other communication channels, we collect the information you provide, such as your name, email address, phone number, and message content.

Donations and Payments: If you make a donation or payment through our website, we collect financial information such as credit card details and billing addresses (processed by third-party payment processors).

2.2 Automatically Collected Information

Cookies and Tracking Technologies: We use cookies, web beacons, and similar tracking technologies to collect information about your browsing activities on our website. This includes IP addresses, browser type, and browsing history.

Device Information: We may collect information about the device you use to access our website, such as the hardware model, operating system version, and mobile network information.

Log Data: Our servers automatically log information when you visit the website, such as IP addresses, access times, and the pages viewed.

2.3 Third-Party Sources

We may also collect information about you from third-party sources, including social media platforms if you choose to interact with us via social media accounts (Facebook, Instagram, Twitter, etc.).

3. How We Use Your Information

We use your personal information for the following purposes:

3.1 To Provide Services

Manage your account on our website.

Send you newsletters, updates, or information you have subscribed to.

Process donations or payments you make through the website.

3.2 To Improve Our Services

Analyze how users interact with our website to improve functionality.

Conduct user feedback surveys to enhance our advocacy efforts.

3.3 For Legal Compliance

Comply with legal obligations, including applicable Romanian laws and EU data protection regulations (GDPR).

Respond to legal requests and prevent fraud or other illegal activities.

3.4 Marketing and Communication

Send promotional content and offers related to our advocacy campaigns, events, and updates. You can opt out of these communications at any time by clicking the unsubscribe link.

4. Legal Basis for Processing Personal Data

Under the General Data Protection Regulation (GDPR), we rely on the following legal bases to process your personal data:

Consent: When you subscribe to our newsletters or consent to cookies, we process your data based on your explicit consent.

Contractual Necessity: When you make donations or register for services, we process your data to fulfill our contractual obligations.

Legitimate Interests: We may process your data to improve our services and promote advocacy initiatives, provided that such processing does not outweigh your privacy rights.

Legal Obligation: We may process your data when required by law, such as for tax or legal compliance.

5. Cookies and Tracking Technologies

We use cookies and similar technologies to enhance your experience on our website. Cookies are small text files placed on your device that help us understand user behavior and improve the site’s functionality.

5.1 Types of Cookies We Use

Essential Cookies: These cookies are necessary for the website to function correctly.

Analytics Cookies: These help us understand how visitors use our website and track website performance.

Marketing Cookies: Used to deliver relevant ads and track marketing campaign performance.

5.2 Managing Cookies

You can manage or disable cookies through your browser settings. Please note that disabling cookies may limit the functionality of the website.

6. Data Sharing and Disclosure

We do not sell or rent your personal information to third parties. However, we may share your data in the following circumstances:

6.1 With Service Providers

We may share your information with third-party service providers (such as hosting providers, email marketing services, and payment processors) to perform services on our behalf.

6.2 With Legal Authorities

We may disclose personal data when required by law or to protect our rights, users, or the public from harm or illegal activity.

6.3 In Case of Business Transfers

In the event of a merger, acquisition, or transfer of assets, we may transfer your personal information to the new owner or controlling party.

7. Data Retention

We retain your personal information for as long as is necessary to fulfill the purposes for which we collected it, including for legal, accounting, or reporting requirements. The retention periods for personal data are as follows:

Newsletter Subscriptions: Until you unsubscribe.

Donor Information: Retained for the duration required by tax and legal regulations.

Account Information: Retained for as long as your account is active, and up to 2 years after deactivation.

8. Security Measures

We implement reasonable security measures to protect your personal data from unauthorized access, loss, misuse, or disclosure. These measures include encryption, firewalls, and regular security assessments.

However, no method of data transmission or storage is 100% secure, and we cannot guarantee the absolute security of your personal information.

9. Your Rights Under GDPR

As a data subject in the EU, you have the following rights under GDPR:

9.1 Right to Access

You have the right to request access to the personal data we hold about you and obtain a copy.

9.2 Right to Rectification

If any of your personal information is inaccurate or incomplete, you have the right to request corrections.

9.3 Right to Erasure

You have the right to request the deletion of your personal data under certain circumstances, such as when the data is no longer needed or if you withdraw your consent.

9.4 Right to Restrict Processing

You can request that we limit the processing of your data in certain situations, such as if the accuracy of the data is contested.

9.5 Right to Data Portability

You have the right to receive your personal data in a structured, commonly used, and machine-readable format and to request the transfer of this data to another data controller.

9.6 Right to Object

You may object to the processing of your personal data for direct marketing purposes or based on legitimate interests.

9.7 Right to Withdraw Consent

Where we rely on your consent to process your data, you have the right to withdraw your consent at any time.

9.8 Right to Lodge a Complaint