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02 septembrie 2023

De ce sa investesti in Romania

| 5 motive sa investesti in Romania. Altii au facut-o: 1. Formalitati rapide de inmatriculare a societatilor; 2. Sistem fiscal atractiv; 3. Economie regionala dinamica; 4. Pozitie strategica; 5. Forta de munca calificata si ieftina |

 

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.

 

Here are the most important 5 reasons to consider opening a company in Romania:

 

1. The Romanian tax system is a paradise, the tax quotas being quite reasonable, one of the lowest in EU.

  • Significant advantages and exemptions for start ups and small businesses compared to other EU countries:

  • Income tax: 1% on your turnover if you have at least one employee and the obtained income is less than EUR 500.000; otherwise it will be applicable the corporate tax;

  • Corporate tax: 6% of the gained profit (difference between income and expenditures) - one of the lowest in EU;

  • Dividend tax; 8% of the paid dividend;

  • Low fees for the accounting services, starting from EUR 70/month, depending on the volume of your company activity.

 

2. Cheap and qualified local workforce:

  • Lower wages than in most EU countries; the current minimum wage in Romania is RON 3,000 per month (approx. EUR 600);

  • Quality and talented labor force. Romania is well known for its great universities, especially in IT, medicine, automotive and engineering field, providing highly skilled English speaking personnel;

  • Cost of living lower than in EU. Cost of living in Romania is 64% lower than the average of EU countries, according to EUROSTAT.

 

3. Strategic connection. Easy links to Europe

  • Easy access to the rest of EU countries, Very good links in the business area and travel with EU, Middle East and CIS states;

  • One of the largest marketplace in EU. Attraction for the foreign investors aiming to gain incomes from the second largest country in CEE

  • Fastest internet speed in EU, Highly developed and competitive internet infrastructure and profesionalls

  • Bucharest has developed a lot in the past years – modernization, constructions of new buildings for homes and offices and legislations improvements for supporting businesses developed on the territory. 

 

4.  Tremendous increase of the real estate market

  • Very cost effective property prices. Attractive prices compared to other EU states for buying and renting land, residential, non-residential and agricultural real estate in Romania;

  • Rising rental yields. The investment in real estate grows quickly, generates good rental yields and may represent a good source for passive income;

  • Upward trend in the construction field. The construction field continues its solid growth even in 2023 

 

 

5. Flexibility of set up company proceedings:

  • Quick proceedings for incorporation. Romania benefits of a modern legislation and infrastructure for your company to be registered and functional in 3 days as of the data the incorporation request has been filed.

  • Flexibility on company ownership. You can be the sole shareholder in your company. And even in other Romanian companies. It is allowed to distribute dividends every 3 months based on your company's quarterly profit.

  • Plenty of incentives and measures. Romania grants annually plenty of measures and incentives for encouraging start-ups and business sector (Start Up Nation 2023, EU non-repayable funds, Norway grants, special incentives and exemptions for IT programmers etc.)

 

For a synthesis of this article, please see the section ”5 solid reasons why you should consider investing in Romania” available here, on the first page.

 

Blogul avocatului român

 

 

 

Blogul avocatului nu este altceva decât un blog juridic dedicat exclusiv antreprenorilor și investitorilor din România.

 

Postări utile săptămânale despre primii pași ai investitorilor în România, din perspectiva practicării dreptului comercial, a deservirii nevoilor clienților noștri și a litigiilor, scrise și publicate de un avocat litigant român cu peste 15 ani de experiență.

 

 

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| Your Business | Our Mission |

Romanian Advocacy

 

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| Your business | Our mission |

 

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