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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15 September 2023

Setting up a company in Romania. What our lawyers will do for you?

Establishing a Business in Romania: How Our Legal Experts Can Assist You | Are you considering setting up a company in Romania? Look no further! Our team of experienced lawyers is here to guide you through the entire process and ensure a smooth and successful establishment of your business in this vibrant European country

Setting up company in Romania has never been easier

First and foremost, our lawyers will provide you with comprehensive advice on the legal requirements and procedures involved in setting up a company in Romania. They will carefully analyze your business goals and objectives, helping you choose the most suitable legal structure for your company, whether it's a limited liability company, joint-stock company, or branch office.

Once the legal structure is determined, our lawyers will assist you in preparing all the necessary documentation, including articles of incorporation, bylaws, and shareholder agreements. They will ensure that all the legal requirements are met, such as registering your company with the relevant authorities, obtaining the necessary permits and licenses, and complying with tax and employment regulations.

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

We offer you all the necessary legal assistance during the whole process of company formation, starting from the registration of the company name to the obtaining of the original incorporation documents from the Romanian Trade Registry. You may check other info related to the company registration in Romania process here.

Here are the main documents we prepare for your company to be registered:

1. Inquiries for obtaining the reservation of the company name from the Romanian Trade Registry.

2. Drafting the Articles of Association, providing all the rules governing the company and the relationship between the shareholders and directors.

3. Drafting the affidavits, signature specimen and statements to be signed personally by the shareholders and directors, ascertaining their will to act as main characters in the company.

4. Drafting the headquarter document (legal assistance agreement - for the headquarter at the law office, rental or lease agreement, bailment or sale agreement).

5. Drafting and submitting the motion for the company incorporation.

6. Payment of the Trade Registry fees for the registration.

7. Obtaining the original documents stating the incorporation of the company, these being similar to the identity card of the natural person.

In addition to the legal aspects, our lawyers will also provide valuable guidance on the practical matters of setting up a company in Romania. They will help you navigate the local business environment, providing insights into the market conditions, competition, and potential challenges you may face. Their expertise will enable you to make informed decisions and develop a solid business strategy tailored to the Romanian market.

Furthermore, our lawyers will assist you in negotiating and drafting contracts with suppliers, clients, and business partners, ensuring that your interests are protected and your rights are upheld. They will also advise you on intellectual property matters, helping you register trademarks and patents to safeguard your innovations and creations.

As your trusted legal advisors, our lawyers will be there for you even after your company is established. They will provide ongoing legal support, helping you navigate the complexities of Romanian business law, resolving any legal disputes that may arise, and ensuring compliance with changing regulations. We will keep you updated on any legal developments that may impact your business and provide proactive advice to help you stay ahead of the curve.

Setting up a company in Romania can be a daunting task, but with our team of dedicated lawyers by your side, you can rest assured that your business will be in safe hands. We will handle all the legal intricacies, allowing you to focus on what you do best – growing your business and achieving your entrepreneurial dreams in the dynamic Romanian market. Contact us today and let us help you turn your business aspirations into reality!

Don't hesitate to reach us at tudor@roadvocacy.ro or +40 723 77 37 59 or using the contact form on at www.roadvocacy.ro. We're here to help and answer any questions you may have on setting up a company in Romania.

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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