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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5 solid reasons why you should consider investing in Romania

Investing in Romania is one of the most strategic, but also attractive decision you can ever take due to:

1. the lowest tax rates in Europe;

2. rapidity of the company incorporation process;

3. flexibility granted to the foreigners to open business;

4. Very stable banking sector and open approach to investors;

5. The fastest internet connection in Europe;

6. Multi lingual and open minded people in relation to foreign citizens

Romania – the best country to run a company in Europe

Romanian Advocacy

| Your Business | Our Mission |

The Romanian tax system is almost a paradise

Income tax

1% on the company's turnover if you have at least one employee and the obtained income is less than EUR 60.000 or 3% if the income exceeds EUR 60.000 or the company is conducting some specific activities; otherwise it will be applicable the corporate tax on the gained profit

Corporate tax

16% of the gained profit (difference between income and expenditures) - one of the lowest in EU

Dividend tax

8% of the paid dividend

Cheap and Qualified local workforce

Lower wages than in most EU countries

The current minimum wage in Romania is RON 3,300 per month (approx. EUR 660)

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

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

Favorable real estate market

Very good 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

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 etc.)