10 quick facts you need to know about a limited liability company in Romania

 

| Advantages and disadvantages you need to consider when you decide on a company registration in Romania |

 

The limited liability company LLC (in Romanian: SRL - societate cu răspundere limitată) is the most used form of corporate vehicle in Romania, being chosen also as the safest for its shareholders and directors. The Romanian LLS is also the most suitable in matter of cost efficiency, with the minimum incorporation cost and almost no share capital contribution required for setting up the company.

 

Read more about the advantages and disadvantages of setting up a company in Romania

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What taxes your Romanian company pays? Chapter II

 

| 8% dividend tax |

 

The profit obtain by the companies in Romania may be distributed as dividends to their shareholders, being subject to the dividend tax.

 

This blog article responds to several main question you put yourself before you decide to start a business in Romania or before you initiate the proceedings for a company incorporation in Romania:

 

1. What do you need to know about the dividend tax?

2. How are the dividends distributed by the company?

3. Do the foreign investors have other payment duties in their country of origin?

 

To find more about the dividend tax, contact us using the contact form.  

 

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The headquarter of your company in Romania

 

| Searching for a company office in Romania or just a mail address? |

 

The registered headquarter is mandatory when setting up a company in Romania. The Companies law no. 31/1990 provides that the headquarter may be registered even in a building based on a sale-purchase agreement, lease agreement of bailment agreement of directly to your lawyers's office.

 

This second option is significant cheaper, but includes only registration the company headquarter of a specific mail address and receiving the correspondence submitted to your company via mail.    

 

What do you need? A company office where to perform effective activity or just a mail address for your correspondence?

 

Do not hesitate to contact us. Your business, our mission !

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Company set up in Romania. Company formation Romania. Start business. Setting up company. Setting up business Romania. Company registration Romania. Register company Romania. Firm foundation Romania. Establish company Romania. Set up branch Romania

What taxes your Romanian company pays? Chapter I

 

| 1% income tax on company's revenues or 16% corporate income tax on the profit |

 

As per the latest amendments to the Romanian fiscal legislation, your newly registered company in Romania is subject to the micro-enterprise taxation only if following requirements are met:

 

1. The maximum threshold of annual turnover is EUR 500k.

2. At least 80% of its incomes are generated from other activities than consulting and management.

3. The company has at least one employee.

4. The company has shareholders that hold more than 25% of the number of participation titles in no more than three Romanian micro-enterprises.

5. The company is not under dissolution, followed by liquidation.

 

To learn more about the Romanian taxation related to companies, please contact us using the contact form here.  

 

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setting up a company in Romania

 

| What our lawyers will do for you  |

 

Opening a business in Romania is not quite an easy step, the legal proceedings for registration a company before the Romanian Trade Registry implying a lot of documents performed mainly by lawyers, as legal specialist in the corporation local legislation.

 

In this blog article we expose the main documents we shall prepare for your company to be registered.

 

Do not hesitate to contact us.

 

Your business, our mission !

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Company set up in Romania. Company formation Romania. Start business. Setting up company. Setting up business Romania. Company registration Romania. Register company Romania. Firm foundation Romania. Establish company Romania. Set up branch Romania

5 post incorporation compliance legal duties for your company in Romania

 

| Ignorance of the law is not an excuse |

 

This article sums a post incorporation checklist that includes all the important steps that follow the incorporation of your business in Romania, according to the Romanian legislation:

 

1. Opening the bank account with a Romanian bank.

2. Deposit the share capital.

3. Contracting accounting and tax declaration services.

4. Contracting at least one employee, in order to pay less taxes.

5. Applying for registration for VAT purposes.

 

To learn more about the Romanian legislation related to companies, you may contact us for your queries.  

 

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5 steps for setting up a company in Romania

 

| How to register a company in Romania  |

 

The first thing you need to do for starting a business in Romania is the incorporation of your company with the Romanian Trade Registry.  To do it are needed 5 main steps, synthetically explained below: 

 

1. Decide on the type of company you want to set up;

2. Choosing and reservation your company name;

3. Preparing your company incorporation file;

4. Submitting the incorporation file to the Romanian Trade Registry and

5. Obtaining the original of your company identity documents from the Trade Registry.

 

 

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Top 5 reasons to set up a company in Romania

 

| Others did it |

 

Romania has one of the most fast-growing and competitive economies in EU countries, with the highest growth rate in CEE area and one of the highest rate in the whole European Union,  being a strategic decision for new foreign investors to start business here.

 

Setting up a company in Romania and moving your business here is the perfect decision, due to the low taxes

 

Below are 5 reasons why you should choose Romania for your project!

 

Our lawyers provide the optimal option to set up your Romanian company at the lowest fees.

 

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Blogul avocatului

 

 

 

Colțul avocatului nu este altceva decât un blog dedicat antreprenorilor și investitorilor în România.

 

Tot ceea ce trebuie să știi despre începerea unei afaceri în România ca străin, înregistrarea companiei în România, înființarea business-ului în România, înregistrarea unei societăți în România.

 

Pe blogul nostru găsiți postări săptămânale referitoare la primii pași ai unui investitor străin în România, materiale redactate din perspectiva avocaturii de business practicate, satisfacerea nevoilor clienților noștri și situații litigioase, scrise și publicate de avocați cu peste 15 ani de experiență profesională.

 

 

Setting up a business in Romania. Why should I choose company registration in Romania

 

| Starting a business in Romania as a foreigner |

 

10 quick facts info for and when you as a foreigner consider setting up a company in Romania as a limited liability company (LLC/SRL).

 

Setting up a company in Romania implies multiple mandatory procedures and benefiting from professional legal assistance guarantees a final positive results and, most important, financial security.

 

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Company set up in Romania. Company formation Romania. Start business. Setting up company. Setting up business Romania. Company registration Romania. Register company Romania. Firm foundation Romania. Establish company Romania. Set up branch Romania

Set up your company in Romania. Company formation in Romania

 

| Here it starts your journey in Romania |

 

The company incorporation process in Romania requires many mandatory acts that can affect your business itself. Providing professional legal assistance during every stage of the company set up guarantees you optimum results.

 

Setting up a company in Romania and moving your business here is the perfect decision, due to the low taxes -  1% of the turnover and 8% dividend tax for your Romanian limited liability company LLC, Romania being one of the lowest taxes in the European Union.

 

With dozens of companies incorporated for our foreign clients, our lawyers provide the optimal option to set up your Romanian company at the lowest fees.

 

The main advantages setting up a company in Romania with us are the following.

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Romanian Advocacy

 

| Your Business | Our Mission |

Romanian Advocacy

| Your business | Our mission |

 

Gamă completă de servicii juridice pentru oameni de afaceri, companii și persoane fizice. Avocații tăi în România.

 

Romanian Advocacy

| Your business | Our mission |

 

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

 

Vizitează-ne la sediul nostru:

 

Romanian Advocacy

București, str. Știrbei Vodă nr. 4, bl. 2, sc. D, et. 2, ap. 127, 010111, Romania

 tudor@roadvocacy.ro

 +40 723 773 759