Opening LTD. Company- SRL in Romania;-Setting up Representative Office in Romania;-Starting a Subsidiary in Romania; -Creating a Branch in Romania;-Start Joint Stock Company- SA in Romania
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1. Open a Company in Romania
Human Office instead of Virtual Office ?
2. 1- Opening LTD. Company in Romania
2- Setting up Representative Office in Romania
3- Starting a Subsidiary in Romania
4- Creating a Branch in Romania
5- Start Joint Stock Company in Romania
3. 1- Opening LTD. Company - SRL in Romania
Are there any special requirements for setting up a Romanian LTD Company?
The Romanian SRL is the most common type of company in the country. There are no limitations in regards to the nationality
and residence of directors and shareholders. There is a maximum number of 50 shareholders and a minimum of one
shareholder and one director (called "administrator").
What is the minimum share capital of a Romanian LLC Company?
200 Lei (around 50 Euros). This amount will have to be deposited in a share capital account before the SRL formation is
started. There is also the possibility of in-kind contributions to the company's share capital.
How much does it cost to create a Romanian Limited Liability Company (SRL)?
Costs depend on the type of structure, number of shareholders and directors, purchase of additional services such as
Romanian VAT Registration, Registered Office, Human/Virtual Office etc. Our attorney-fees usually amount to between 700
- 3,800 Euros ALL INCLUSIVE /one year, depending on the client's requirements.
What documents are required for the setup of a SRL in Romania?
Documents depend on the type of shareholders and directors, but will include: a Power of Attorney (if not visiting Romania
in person), a Special Affidavit and a Specimen Signature.
Do I have to visit Romania in person for the SRL company incorporation?
No. Documents can be drafted by our Law Firm in Romania and notarized and apostilled or authenticated by the Romanian
Embassy in your country of residence. Then they will have to be sent to our office in original.
Are you able to set up Romanian bank accounts for my SRL?
Yes. An active, corporate bank account is included in our company formation package. This includes internet banking access.
Do you offer a registered office for the future LTD in Romania?
Yes. Our Law Firm is able to offer a local registered office, as well with human or virtual office services such as office
manager, mail forwarding, local phone and fax number.
Do you cover other legal areas besides the formation of Romanian LLC companies?
Yes.Our company is specialized in all aspects of Commercial ,Real Estate and HR/Labour Law. Contact us for more details.
Do you offer accounting services in Romania?
Yes.We offer ALL INCLUSIVE (accounting,payroll,recruitment,management) services.
How are shares transferred in a Romanian SRL?
Shares are not transferred freely. Any share transfer must be approved by the shareholder in certain conditions and registered
with the local Trade Register in Romania.
Can you help me set up my SRL in other cities besides Bucharest?
Yes. We can assist you to start your SRL in all Romanian major cities.
4. 2- Setting up Representative Office in Romania
Are there any special requirements for creating a Romanian Representative Office ("Reprezentanta")?
A Romanian Representative Office is a structure entirely different from a Romanian Branch or Subsidiary. This type of entity
is not independent from the parent-company and has certain important limitations: it cannot produce goods or provide
services. The only purpose of the Romanian Representative Office is to intermediate business relations between the parent-
company and its Romanian clients. In practice this type of structure is mainly used for marketing services.
What is the minimum share capital of a Romanian Representative Office?
The Romanian Representative Office does not have its own patrimony and share capital.
How much does it cost to create a Romanian Representative Office?
It is important to note that the Romanian Representative Office is not registered through the Trade Register (like the Branch
and Subsidiary) but rather through The Ministry of Economy and Commerce. The Representative Office has a flat
incorporation tax and a flat corporate tax regardless of its activity in Romania. Other incorporation fees are rather similar to
branches and subsidiaries.
What documents are required for the setup of a Representative Office in Romania?
Documents will include Certificate of Registration and Trade Register Extract of the parent-company, Bank
Letter, Resolution and Articles of Association, Specimen Signature and Affidavit for the Romanian representative as well as a
Power of Attorney if the procedure is going to be completed without a personal visit to Romania.
Do I have to visit Romania in person for the Representative Office incorporation?
No. Documents can be drafted by our Law Firm in Romania and notarized and apostilled or authenticated by the Romanian
Embassy in your country of residence. Then they will have to be sent to our office in original.
Do you offer a registered office for the future Romanian Representative Office?
Yes. Our Law Firm is able to offer a local registered office, as well with human or virtual office services such as office
manager,mail forwarding ,local phone or fax number.
Do you cover other legal areas besides the formation of Romanian Representative Offices?
Yes.Our company is specialized in all aspects of Commercial,Real Estate and HR/Labour Law. Contact us for more details.
Do you offer accounting services in Romania?
Yes. We offer ALL INCLUSIVE (accounting,payroll,recruitment,management) services.
Can you help me set up my Representative Office in other cities besides Bucharest?
Yes. We can assist you to start your "Reprezentanta" in all Romanian major cities.
5. 3- Starting a Subsidiary in Romania
Are there any special requirements for creating a Romanian Subsidiary ("Filiala")?
A Romanian Subsidiary has the statute of any regular Limited Liability Company, the only difference being that that the sole
or majority shareholder is another parent company. Nevertheless the Romanian Subsidiary is regarded as an independent
daughter-company.
What is the minimum share capital of a Romanian Subsidiary?
The Romanian Subsidiary has the same minimum share capital as any LLC company, respectively 200 Lei (50 euro).
How much does it cost to create a Romanian Subsidiary?
As a Subsidiary requires a larger number of documents (Resolution of the parent-company, Trade Register
Extract, Registration Certificate etc.) and is therefore slightly more expensive than a regular Romanian SRL Company with
natural persons as shareholders. Usually the total package is below 3,800 Euros/one year.
What documents are required for the setup of a Subsidiary in Romania?
Documents will include Certificate of Registration and Trade Register Extract of the parent-company, Bank Letter and
Resolution, Specimen Signature and Affidavit for the Romanian Director as well as a Power of Attorney if the procedure is
going to be completed without a personal visit.
Do I have to visit Romania in person for the Subsidiary company incorporation?
No. Documents can be drafted by our Law Firm in Romania and notarized and apostilled or authenticated by the Romanian
Embassy in your country of residence. Then they will have to be sent to our office in original.
Do you offer a registered office for the future Romanian Subsidiary?
Yes. Our Law Firm is able to offer a local registered office, as well with human or virtual office services such as office
manager, mail forwarding ,local phone or fax number.
Do you cover other legal areas besides the formation of Romanian Branches?
Yes.Our company is specialized in all aspects of Commercial,Real Estate and HR/Labour Law. Contact us for more details.
Do you offer accounting services in Romania?
Yes.We offer ALL INCLUSIVE (accounting,payroll,recruitment,management) services.
Can you help me set up my Subsidiary in other cities besides Bucharest?
Yes. We can assist you to start your Filiala in all Romanian major cities.
6. 4- Creating a Branch in Romania
Are there any special requirements for creating a Romanian Branch ("Sucursala")?
A Romanian Branch is setup in a manner similar to any Romanian company. There are nevertheless certain specifics, namely:
the Romanian Branch does not have its own patrimony, its own share capital, therefore the parent-company is liable with its
own share capital registered abroad. There is also an important note related to the filed accounts: each year, besides the
accounts for the branch, the yearly accounts of the parent-company must be filed with the Romanian Trade Register.
What is the minimum share capital of a Romanian Branch?
The Romanian Sucursala Branch does not have its own share capital therefore there is no capital to deposit.
How much does it cost to create a Romanian Branch?
The fees for establishing a Romanian Branch are roughly the same as for a Subsidiary, therefore around 3,800 Euro/one year.
Please contact us for an exact fee quotation.
What documents are required for the setup of a Branch in Romania?
Documents will include Articles of Association of the parent-company, Certificate of Registration and Trade Register
Extract, Specimen Signature and Affidavit for the representative as well as a Power of Attorney if the procedure is going to
be completed without a personal visit.
Do I have to visit Romania in person for the Branch company incorporation?
No. Documents can be drafted by our Law Firm in Romania and notarized and apostilled or authenticated by the Romanian
Embassy in your country of residence. Then they will have to be sent to our office in original.
Do you offer a registered office for the future Branch in Romania?
Yes. Our Law Firm is able to offer a local registered office, as well with human or virtual office services such as office
manager, mail forwarding , local phone or fax number.
Do you cover other legal areas besides the formation of Romanian Branches?
Yes.Our company is specialized in all aspects of Commercial,Real Estate and HR/Labour Law. Contact us for more details.
Do you offer accounting services in Romania?
Yes.We offer ALL INCLUSIVE (accounting,payroll,recruitment,management) services.
Can you help me set up my Branch in other cities besides Bucharest?
Yes. We can assist you to start your Sucursala in all Romanian major cities.
7. 5- Start Joint Stock Company – SA in Romania
Are there any special requirements for creating a Romanian Joint Stock Company (SA)?
The formation of a Romanian Joint Stock implies many more requirements than a Romanian Limited Liability. There is a
minimum number of 2 shareholders, the requirement to have a Supervisory Board formed of at least 3 censors (at least one
must be a certified accountant), appointed for a period of 3 years. If there is more than one director (administrator) than a
Board of Directors must be constituted.
What is the minimum share capital of a Romanian SA Company?
25,000 Euros. This amount will have to be deposited in a share capital account before the company incorporation is started.
There is also the possibility of in-kind contributions to the company's share capital.
How much does it cost to create a Romanian Joint Stock Company (SA)?
Investors must firstly consider costs such as the minimum share capital and hiring of the Supervisory Board members. There
is also a larger number of documents to be translated and some additional associated costs.
What documents are required for the setup of a SA in Romania?
Documents depend on the type of shareholders and directors, but will include: a Power of Attorney (if not visiting Romania
in person), a Special Affidavit, Specimen Signature, Identification of the Supervisory Board, Board of Directors and the
Articles of Association (drafted by our Law Firm).
Do I have to visit Romania in person for the Joint Stock company incorporation?
No. Documents can be drafted by our Law Firm in Romania and notarized and apostilled or authenticated by the Romanian
Embassy in your country of residence. Then they will have to be sent to our office in original.
Do you offer a registered office for the future Joint Stock in Romania?
Yes. Our Law Firm is able to offer a local registered office, as well with human or virtual office services such as office
manager, mail forwarding, local phone or fax number.
Do you cover other legal areas besides the formation of Romanian Joint Stock companies?
Yes.Our company is specialized in all aspects of Commercial, Real Estate and HR/Labour Law. Contact us for more details.
Do you offer accounting services in Romania?
Yes.We offer ALL INCLUSIVE (accounting,payroll,recruitment,management) services.
How are shares transferred in a Romanian Joint Company?
Romanian Joint Stock companies register the transfer of shares with a special Register Office in Romania. Any change in
ownership of the shares will be notified to the local Trade Register.
Can you help me set up my Joint Stock in other cities besides Bucharest?
Yes. We can assist you to start your SA in all Romanian major cities.
8. Frequently Asked Questions:
Where do you activate?
We are based in Bucharest, however we can incorporate your Romanian company anywhere in the country.
What are the steps for incorporating a company in Romania?
Procedures depend on the type of Romanian company, branch or subsidiary. Nevertheless basic steps include: reserving the company name,
drafting the required documents (Articles of Association, Affidavits, Specimen Signatures etc.), perform Notary and Apostille procedures and file
the documents with the Trade Register for registration of the Romanian company.
How much does it cost to create a Romanian Company?
Costs depend on the type of structure, number of shareholders and directors, purchase of additional services such as Romanian VAT Registration,
Registered Office, Human or Virtual Office,etc. Our attorney-fees usually amount to between 700 - 3,800 Euros ALL INCLUSIVE depending on
the client's requirements/one year.
How quickly can I incorporate my Romanian Company?
The period of time depends on how quickly the client can provide our Law Firm with the required documents. Once these documents are received
in the correct form, your Romanian company will be established in approx. 8 business days.
Do I have to visit Romania in person for the company incorporation?
No. Documents can be drafted by our Law Firm in Romania and notarized and apostilled in your country of residence. Then they will have to be
sent to our office in original.
Are there any special requirements for the registration of a company in Romania?
Shareholders and directors can be of any nationality, residing anywhere in the world, without restrictions. The Romanian Law requires a local
registered office and is formalistic in regards to the documentation necessary for the incorporation of the Romanian company.
How do I register my Romanian company for VAT?
VAT Registration is done separately for the European Union and the rest of the world (including Romania). In order to become an EU VAT-payer,
we will have to register your company with the Romanian Intra-Community Register.
How do I incorporate a branch or subsidiary in Romania?
Registration of a Romanian subsidiary or branch is similar to the incorporation of a regular SRL Company (Limited Liability Company).
Nevertheless certain additional documents have to be provided if the shareholder is a foreign parent company.
How do I incorporate a representative office in Romania?
A Romanian representative office is registered through a different procedure than other Romanian corporate entities. For instance a representative
office is registered with the Ministry of Economy and not the Romanian Trade Register.
Are you able to set up Romanian bank accounts?
Yes. An active, corporate bank account is included in our company formation package.
Do you offer a virtual office in Romania?
Yes. Our Law Firm is able to offer a local registered office, as well with human or virtual office services such as office manager,mail
forwarding,local phone or fax number.
Do you cover other legal areas besides the formation of Romanian companies?
Yes. Our company is specialized in all aspects of Commercial, Real Estate and HR/Labour Law.
Opening SRL Company in RomaniaSetting up Representative Office in Romania Starting a Subsidiary in Romania Creating a Branch in Romania Start Joint Stock Company in Romania