Yes, foreign entrepreneurs and investors can establish a company in Romania. The appropriate structure should be determined based on the business activity and ownership model.
One of the most commonly considered company structures among entrepreneurs is the SRL. It is particularly suitable for SMEs, service companies, and growth-oriented businesses.
Yes, a single-shareholder company structure can be established where applicable. The management and representation structure should also be planned during the incorporation process.
Yes, companies with foreign shareholders can be established in Romania. Ownership percentages and management authorities should be clearly defined in the incorporation documents.
Many company formation procedures can be handled electronically or through authorized representatives. Depending on the nature of the process, additional verification or documentation requirements may apply.
Yes, the company must have a registered office address in Romania for official registration purposes. The required documents related to the use of the address are included in the company formation file.
The required documents may vary depending on the company structure. In general, shareholder and director information, the company name, registered office details, business activity information, and incorporation documents are prepared.
The timeframe may vary depending on the company structure, completeness of the documents, and the specifics of the application. Missing or inconsistent documentation may extend the formation process.
The company name is selected before incorporation and checked for availability. The chosen name must comply with the applicable official registration requirements.
Yes, a corporate bank account application can be submitted after the company has been registered. Banks may request additional information about the company structure, shareholders, business activities, and expected transactions.
The company’s financial records, tax returns, and reporting obligations must be managed regularly. For this reason, it is important to plan the accounting infrastructure together with the company formation process.
VAT obligations may vary depending on the company’s activities, transaction structure, and applicable tax conditions. The company’s VAT status should therefore be assessed separately at the start of operations.
The cost may vary depending on the company type, number of shareholders, registered office requirements, document and translation procedures, banking support, and additional services.
The company structure can be changed later; however, depending on the scope of the change, additional registration, documentation, and accounting procedures may be required.
