Registration of a company in Romania

Name of service Bronze Silver Gold Platinum
Verifying and reserving a company name in Commercial Register of Romania Oficiul Național al Registrului Comerțului Verifying the availability and reserving of your preferred company name in the registry
Company registration in SRL form including government fees Preparation and submission of all required documents and fees to the relevant government authorities for company registration, ensuring a streamlined process for our clients
Memorandum of association Preparation of the memorandum of association, which defines the procedure for the creation of the company; the authorized capital of the company; the size and nominal value of the shares of the founders, as well as the order of payment
Drafting of special forms such as Affidavits Drafting special forms, such as affidavits, is the process of preparing legal documents that are used in court or other legal proceedings. Affidavits are written statements that are made under oath or notarized by a notary public
Certificate of incorporation This document outlines the company's constitution and internal regulations. It includes details about the company's name, registered office address, purpose, share capital, shareholders' rights and obligations, management structure, and other important provisions
Company registration with the tax authorities Your corporate income tax ID will be forwarded to you by mail, as well as your login details for the online portal of the tax authorities
Company seal Arrangement of the company seal and its registration according to the laws
Assistance in opening a corporate bank account in the payment system Collection, processing and filing of the documents required for opening a corporate account with a payment system, including consultation of appropriate jurisdiction
Assistance in opening a corporate bank account in Banca Comerciala Romana, BRD, Alpha Bank Romania Collecting, processing and filing the necessary documents for opening a corporate account with a local bank
Assistance in applying for a VAT number Gathering, processing and filing the necessary paperwork for obtaining a VAT number for your company, which is necessary for the recording and payment of value added tax in accordance with tax requirements
Provision of physical office for 1 (one) month Provision of physical office for your company for 1 (one) month, mandatory for the VAT number abtainment
Free consultation We offer a free consultation where you can discuss your needs and questions regarding company registration and management. Our experts will be happy to help you understand the process and provide guidance based on your situation. We are glad to answer your questions and help you make an informed decision about the services you need)
Total cost
1250 EUR 2250 EUR 2850 EUR 4250 EUR
Provision of a legal address for 1 (one) year
700 EUR 700 EUR 700 EUR 700 EUR
Remote company registration with transfer of authority
200 EUR 200 EUR 200 EUR 200 EUR
Accounting services
120 EUR 120 EUR 120 EUR 120 EUR

Deal of the month

If you will register a company until April 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Romania is a European country with a dynamically developing new economy, loyal taxation and fair business legislation for foreigners. The official currency of the country is RON (LEI). The state is a member of the EU from 2007. The minimum gross salary wage in 2019 was 2080 RON and the inflation rate – 3,5%.

Among the advantages of the opening companies in Romania are:

  • the high economic growth (above the average among the EU members);
  • low public debt ( below the average among the EU members);
  • elimination of double taxation with > 70 states.

Short review

  • One of the largest spheres of the republic economy is oil exploration. A significant proportion of the production is occupied by “Rompetrol”.
  • The leading branch of agriculture is crop production and grain farming.
  • Being the owner of an outlet to the Black Sea, it has developed tourism.
  • After the legalization of the gambling market in the Republic in 2015, the gambling business is developed strongly there.

Business in Romania is governed by part 4 "Economy and public finance" of the Constitution. The major financial regulator in the country is the Romanian National Securities Commission (CNVMR).

Business Forms

The legislation offers 5 organizational forms, where the most beneficial for non-resident founders are the first two:

  • Limited Liability Company (SRL);
  • Joint Stock company (SA);
  • General Partnership (SNC);
  • Limited Partnership (SCS);
  • limited Partnership by shares (SCA).
SRL SA
authorized capital 200 RON 90.000 RON
number of shareholders 1-50 >1
led by board of directors / one director board of directors, supervisory board, manager
minimum share value 10 RON 0.1 RON
minimum number of jobs for Romanians 10 15

Similarities

Both SRL and SA must have:
  • the registered address;
  • the registered administrator legal or natural person;
  • an activity object, formed with the main activity.

Both, a citizen of the republic and its non-resident, pay the same taxes for the same amount in Romania.

  1. Corporate income tax - 16%
    • Entrepreneurs pay only 3% on their profit in the a case of:
    The company operates in one of the following areas: - Trade; - Production of goods; - Execution of works/provision of services; - They are holders of a "small business": - Annual income < 100.000 EUR; - Staff < 9 people; - Small business, religious organizations, educational institutions and some others – 0%;
  2. VAT - 19% (registration of this tax isn’t required if the annual turnover < 88,500 EUR)
    • for sellers of building materials / providing entertainment services (clubs, museums, hotels, cinemas, sport events / selling newspapers, books, magazines) – 5%;
    • for sellers of essentials (not alcoholic drinks, food, medicines, prostheses) – 9%;
    Tax benefits are not eligible for insurance, stock or banking organizations.
  3. Real estate property tax – 0.25-0.5%
  4. Tax on dividends – 5%
  5. Local taxes – 4000 EUR
  6. Gambling business tax – 2%

The Prifinance specialists quickly and efficiently will consult you about details of calculating and paying all of the necessary taxes.

Documents

Documents, required for registration of a company to a foreigner:

  • Memorandum of association.
  • Certificate, confirming the legal status of the owner and founder of the enterprise.
  • Registration certificate.
  • Confirmation of the absence of debts in the home state.
  • Information about the new company and its founders (copies of passports, company name, kind of activity, authorized capital).
  • A letter of recommendation from a banking institution in Romania.
  • Founders' agreements to comply with all Romanian legislation.
  • Office lease agreements.
For long-term business ( > 90 days), foreign entrepreneurs must:
  • apply for a long-term visa (type D) at the Romanian Consulate in their country;
  • obtain a temporary residence permit from the Immigration Department under the local Ministry of Internal Affairs ( valid for up to one year, with the right to renew);
  • obtain permission from the local center for the promotion of trade and foreign investment;
  • get approval from the Directorate of Immigration under the Ministry of Internal Affairs of Romania.
The following persons have the right to renew a temporary permit:
  • entrepreneurs, investing > 150.000-200.000 EUR/ providing > 25 workplaces (the extension period - 1 year);
  • entrepreneurs, investing > 500.000 EURO/ providing > 50 workplaces (the extension period - 3 years).

Our Prifinance specialists can help you choose the most suitable option for business immigration to Romania.

Registration Procedure

How to open a company in Romania within 2 weeks:

  • Visit the International Trade & Investment Center to review the proposed business plan;
  • Visit the General Inspectorate for Immigration and obtaining approval for registration of the company;
  • Verification and registration of a unique company name through the National Trade Register Office (72 RON);
  • Opening a deposit account in a Romanian bank and depositing the required amount of funds (0 RON);
  • Registration in the Romanian Trade Register at the location of the company's head office and obtaining a certificate of incorporation (700 RON);
  • Registration a company in the tax office (0 RON);
  • Online registration of company employees at the territorial State labor Inspectorate (0 RON).

How Prifinance Specialists May Help You

What are the advantages of our company for registering and opening your business?

  • The professionalism of our staff.
  • Fast response.
  • Reasonable prices.
  • 24/7 online support and consulting.

To contact us, click on the pop-up window "call back in 28 seconds" or contact a consultant and we will be happy to help you!

Best Offers

  • Ireland LTD
    1900 EUR

    • Сompany registration
    • Legal address for 1 year

  • Austria
    6200 EUR

    • Сompany registration
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  • Slovakia
    2350 EUR

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  • Bulgaria
    700 EUR

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  • Moldova
    2550 EUR

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  • Hungary
    1450 EUR

    • Сompany registration
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Cooperation

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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
Юрий ВалерьевичЮрий Валерьевич
07:50 21 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Анастасия ОдокиенкоАнастасия Одокиенко
11:09 26 Jan 24
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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