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09 December 2023

Register company in Romania and benefit of 1% income tax

The Power of 1%: How registering your company in Romania can save you money on income tax? Incorporate your business in Romania and leverage the 1% turnover tax rate to maximize your profits

 

Registering a company in Romania made simple with Romanian Advocacy lawyers

 

Thinking of incorporating your business in Romania? Here's 5 facts why you should consider register company in Romania and enjoy the 1% income tax rate benefit! Experience the perks of open company in Romania and pay only 1% tax exclusively on your company turnover.

 

Unlocking tax benefits: A guide to register company in Romania and pay only 1% income tax. Are you a business owner looking to optimize your profits and minimize the tax burden? Look no further! In this blog post, we will explore the benefits of registering a company in Romania and how it can help you save on taxes. With the opportunity to pay only 1% income tax, Romania offers an attractive tax regime for entrepreneurs and businesses. Contact us as we uncover the secrets to maximizing your profits through strategic tax planning.

 

1. A percentage of 1% to 3% is levied on the company's turnover as income tax. Don't miss the chance to register a company in Romania

 

Imagine a business environment where you can enjoy a significantly reduced income tax rate of just 1%. Sounds too good to be true? Well, not in Romania! In this blog post, we will explore the unique advantages of registering a company in Romania and the transformative impact it can have on your business. From startups to established enterprises, Romania offers a favorable tax regime that can help you retain more of your hard-earned profits. We will delve into the various industries that can benefit from this tax incentive, the requirements for eligibility, and the steps involved in registering your company in Romania. Don't miss out on this opportunity to discover how a 1% income tax can revolutionize your business's financial outlook.

 

Did you know that registering your company in Romania can bring you the benefit of only paying 1% income tax? It's a fantastic opportunity to save money and maximize your profits. Take advantage of this favorable tax rate and register your company in Romania today!

 

Examine the tax rates that are specifically designed for microenterprises incorporated in Romania and their turnover.

 

  • 1% turnover tax to be paid by Romanian companies whose turnover does not exceed EUR 60,000 and have at least one employee.

 

  • 3% - turnover tax to be paid by: a) the companies with revenues exceeding EUR 60,000 or b) the companies engaged in some specific activities.

 

  • 16% corporate tax for companies whose turnover exceeds EUR 500,000 in a fiscal year.

 

2. By subscribing to the capital contribution, shareholders can rest assured that their personal assets are shielded from any potential risks. By registering a company in Romania, the owners' personal assets are separate from the company's liabilities

 

It means that if the company faces financial difficulties or legal issues, the owners' personal assets, such as their homes or savings, are generally protected. With other words, their liability is restricted to the extent of their investment, providing them with a sense of security and peace of mind. Shareholders are only liable for the amount they have contributed to the capital subscription, ensuring that their personal assets remain protected from any potential risks.

 

3. Get your company off the ground in a flash! Registration process lasts only 2 working day, so your company to be quickly operational in Romania

 

Get ready to embark on your entrepreneurial journey in record time with our exceptional legal services. We guarantee a swift incorporation process, ensuring that you can dive headfirst into the thrilling world of entrepreneurship within just 2 business days!

 

4. Rest assured, there's no need for concern about having to subscribe to a minimum share capital during the company registration process

 

You have the option to subscribe to the share capital even after the company has been registered. Just keep in mind that if it's a limited liability company (SRL), you'll need to pay 30% of the subscribed capital within 3 months from the registration date, but before starting any operations under the company's name.

 

5. Say goodbye to the headache of searching for a notary public to handle your limited liability company registration process

 

No need to worry about traveling to Romania anymore! Let us take care of everything for you, from handling all the necessary paperwork to delivering your fully incorporated company straight to your doorstep.

 

Conclusion: Taking the next steps for register a company in Romania

 

Congratulations on reaching the end of this comprehensive guide on the main advantages for registering a company in Romania! By now, you should have a clear understanding of the benefits, legal requirements, business structures and registration process in Romania.

 

Expanding your business to Romania can be a rewarding endeavor, but it's crucial to approach it with the right knowledge and preparation. As you take the next steps towards company registration in Romania, remember to consult with professionals, such as lawyers, accountants, and HR specialists, who can provide expert guidance tailored to your specific needs.

 

Unlock your business potential and embrace the opportunities that Romania has to offer. With its thriving economy, skilled workforce, and strategic location, Romania is an ideal destination for entrepreneurs looking to expand their horizons. Good luck on your journey to company registration in Romania!

 

Feel free to reach out to us at tudor@roadvocacy.ro or give us a call at +40 723 77 37 59. You can also use the contact form on our website at www.roadvocacy.ro. Remember, your business, our mission.

 

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

 

 

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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.

 

Romanian Advocacy

| Your business | Our mission |

 

Full range of legal services for businesses, companies and individuals.

 

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