1. Choose what type of company you want
For most entrepreneurs, the best option will be a limited liability company.
In Romanian this is called ‘SRL’, an abbreviation for ‘societate cu răspundere limitată’. It is sometimes also called ‘microîntreprindere‘ or ‘microenterprise’, because its taxes are quite low, respectively 3% tax on revenue or 1% if you have at least 1 full time employee.
Instead of a SRL you can also choose a ‘PFA’, which is a solo enterprise with higher taxes than the SRL and no limitations on the entrepreneur’s liability, but easier to manage corporate wise. Another option is the ‘SA’, which is basically a joint-stock company, suitable for enterprises in later stages of development.
2. Choose and reserve a company name
This will be done at the local Trade Registry from your company headquarters. For example, if your company HQ will be in Bucharest, then the incorporation, including name reservation, will be carried out at the Bucharest Trade Registry.
You can file for checking a name availability and reservation either at the Trade Registry office, by paper file, or online at https://portal.onrc.ro. The latter can only be made with the help of a consultant or lawyer and is the best solution to avoid long waiting lines and possible rejection on your registration file. So electronic registration can saves you a lot of time and money.
Your company name should be as specific as possible, in order to avoid confusion with other companies already on the market. A name like IT Services SRL or Translation SRL will certainly be rejected by the Registry. Your company’s name doesn’t necessarily need to coincide with your trade name, but it is advisable to be as similar as possible and will be mentioned in any invoices or contracts you’ll sign.
3. Prepare your company incorporation file
You can find an extensive list of all the documents you need for your SRL incorporation on the Trade Registry website at: https://www.onrc.ro/index.php/ro/inmatriculari/persoane-juridice/nume-colectiv.
The incorporation process can either be done at the Registry office by paper file, or online, the same as for name reservation.
The company file is quite extensive and should contain, among others: your company bylaws, corporate account, documentation for company headquarters, specimen of signature and declaration from company founders.
Some documents can be prepared by your lawyer or consultant, such as company bylaws and headquarters docs. But for others, like the specimen of signature, you will need the help of a notary and authorised translator, if you don’t speak Romanian. If you don’t have a place for company headquarters, a lawyer can help you with setting up a virtual HQ at their office.
Once you have prepared your company file and submitted it with the Registry, your company should normally be incorporated in 3-5 days.
4. Get an accountant
As owner of an SRL, you are bound by law to have an authorized accountant taking care of your company records.
Although this is basically a final step in setting up your company, it is advisable to find a good accountant even before the company is officially incorporated. After incorporation, there are a few procedures with the tax authorities that you should go through with the help of your accountant, so it is better not to leave this to the last minute.
Having a professional and trustworthy bookkeeper is crucial for the success and safety of your business.
Do you need additional information or want our help with setting up your company? Contact us at firstname.lastname@example.org or use the contact form on our website at www.rrpb.ro.
We want to open a company in Romania kindly contact us.
Sure, email sent.
My name is Ayodeji Ajileye from Nigeria.
I wish to open an EdTech Company in Romania.
So, what are the procedures and the related costs involved including obtaining long stay visa and residence permit for Romania???
Hello, we replied to you by email. Getting residency depends on many factors, e.g. your country of origin.
We want to make a company in Romania. Kindly contact us.
Sure, we replied by email. Have a good day.
Dear hope you will be fine and well.
My self zeeshan Ali from Pakistan, I want to setup a company in Romania, please contact via given email to discuss further, waiting for your kind reply,thanks
Hello, we emailed you. Have a good day!
I am from pakistan and want to start a business in romania, intitially i am intrested in resturant or fast food business then ll expand or explore other oppertunity, i am married and having 2 kids so i want to keep them with me as well along with my mother
So what company structure i suppose to adopt and what will appropriate cost of seting up bussiness
I want to hire one or 2 local residents as well
Thank you for your message. Our approximate fee for setting up a Romanian SRL is 700 Euro with all taxes included plus 150 Euro/year virtual Headquarters at our law office, if needed. You can contact us at email@example.com to talk more or book a consult with us here: https://rrpb.ro/book-a-consult.
Hi I'm Ganesh Muthu from India. I want to open a company in Romania. What is the process of forming a company. Also please guide me with the minimum requirements and documents required for the company. What are the charges for the entire process
Hello, we replied to you by email, have a good day!
I am sunny from india. I want to setup a company in Romania for immigration and job consultancy.
So kindly share the all details.
Hello, sure we can help you to open a Romanian company. E-mail sent with details.
I am a recruiter and exporter from India.
I wish to start a company in Romania so that my company can issue work permit for Asian countries like India Bangladesh Nepal Bhutan and do staffing for Romanian company. Please advice on min cost time to setup my company.
Hello, sure we can help you to open a Romanian company. E-mail sent with details.
Hello, i would like to open a business corporation in Romania, I live in Spain at the moment, i have an Italian Passport and citizenship. I will be opening a business to recruit students from Romania to study in different Higher Education Institutions around the world. Most of my business will be done online and few in person, so, I will also need your help in opening a bank account and a virtual office or a registered office with you. Also, I would need to have the service of an accountant, most of my income will come from Ireland, where i do get my commission from all the schools i represent. Please let me know mire information about costs, time to open everything, requirements, etc. Thank you
Hello, we do not provide accounting services because we are a law office. But we can recommend you a great expert accountant. We sent you an email with our fees for company incorporation and other such details, have a good day!
Hello, do you also provide ongoing accounting services once the company is set up? If not, will you be able to provide a referral to a good accounting office (that can work with English speaking clients)? Do you have an estimate for how much would accounting cost on average per month?
Another question - I have a Romanian citizenship on top of my foreign citizenship. Is there any advantage to using my Romanian citizenship when forming the company?
Thank you :)
Hello, we are a law office, so we do not provide book-keeping services. But we can recommend you a great expert accountant. Yes, opening a company as a Romanian citizen is the easiest way to go. We sent you an email with our fees and other details, have a good day!
Hello R&R Partners,
I did't understand the 4th step, If someone want to start a bussiness like Resturant , a Bar, a construction company, He/She must hire an accountant from Romania?
Is it possible that he can hire this accountant from other country ?
Is it also possible that the Accountant can be a Bussiness Partner?
In all these cases what would be the possibilty.
Thanks and waiting or your reply to my email address or here.
My company email address is firstname.lastname@example.org
Hello, all Romanian businesses must have an accountant. Most start ups prefer to hire somebody based on a collaboration contract, like a freelancer. They do not have to be employed with an employment contract or associate in the company. If you need such a recommendation you can email us at email@example.com. We also sent you an email with more details about opening a company in Romania.
We would like to establish a company in Romania, please let me how to proceed with your service
Hello, I sent you an email with all details at firstname.lastname@example.org, have a good day!
I am from the USA but have family and business associates who are living in and from Romania. I am interested in opening a new business in Romania with my family member being the owner. We are looking to build a crypto exchange. With the company a Romania Company where is the best country for a crypto exchange?
Hello, we just sent you an email with all the details about company formation. Have a good day!
COMPANY SET UP COST WITH BANK ACCOUNT OPENING.
We sent you our full offer by email.
I have registered a Company in Romania SRL and would like to know how can I Employ myself in my own company and apply for Business visa ? kindly send the details and your charges .
Hello, if you employ yourself you will not come on a business visa, but on an employee visa. Are you also the company director/administrator? I also replied to you by email. Have a good day
We are from Eu and would like to start company in RO. Can you please send us offer with all necessary paperwork, opening bank account and cost of accountant
Hello, I just sent you an email. Have a good day
Hello. I have a romanian residency (work permit) and would like to open a business (supermarket/restaurant). What would be the procedure and total cost?
Hello, you have our quote and rest of the details by email, please also check your spam folder. And we will talk further there
I would like to register a transport company in Romania, can you let me know how is possible, please?
Hello, sure, we can help you with company registration. We replied to you by email.
Hello, I am from Argentina.
I would like to know how much does it costs and how long does it take to open a single member company in Romania with a bank account included.
Hello, we replied to you by email, thank you
Please provide me with details regarding the cost of business registration in Romania (SRL) as a non-UE citizen.
Hello Lyle, we sent you the quote by email.
Is it possible to open SRL in Romania for russian resident?
Hello, yes it is, I replied to you by email.
I would like to sell our products in EMAG Romania. We have a company in Turkey. We will use EMAG fulfilment service. For this reason we will send our materials to EMAG warehouse and keep control our EMAG account regularlar. So My Questions are :
- Can we do our selling from our Turkish company directly to EMAG. Or
- Do we need a company in Romania.
- Do we need also an adress in Romania.
- If yes. What are the fee of your accountancy prices / Monthly.
- For company opening what we need, which documents you need for registration.
Waiting your kind reply.
Hello, thank you for your message. We received the same message from you by email at email@example.com so we replied to you there.
Hello there !
I'm interested to register the company in romania for import & export related to surgical instruments, sports and medical equipments.
Could you please guide me with all the necessary documents I require and charges THANKS.
Waiting The Kind Reply
Hello, thank you for your message. We replied to you by email. Have a good day
Hi I'm buying an apartment as an investment and will give it for rent. I heard that it is easier to resell it later if it is with VAT instead of persona fisica. If this the case, can you guide me to open a company for this purpose? thanks
Hello, what do you mean easier to resell? Basically, you will have to put back the VAT you did not add on your initial purchase, but yes there are advantages for opening a Romanian entity to buy property on it. We sent you an email with the details, all the best
Hello! Could you please describe the full path (turnkey) of opening of a educational business (english / computer courses for kids and adults) in Romania? I am resident of Turkmenistan. We have established here course centre with several branches. Now we are studying the possibility of expanding. And please quote prices of your services in connection with this steps, in case of decision to collaborate with you.
Hello, in order to explain such a detailed project we would of course need to have a legal consultation, this cannot be done in the comment section of our blog.You can book a call with us here: https://rrpb.ro/book-a-consult/ or alternatively email us at firstname.lastname@example.org.
Hello. I am from Greece and I want to start a company in Romania. I do not want to move there because the whole company is via internet and the products are online only. Also I do not have any company running here in Greece so this is going to be my first step. I just find the tax system in your country to be more to my liking than in Greece. Is it possible to do it and if yes, can you send me any details? Thank you in advance.
Hi Irini, sure, you can open your first company in Romania without issues. And it can operate remotely. You have an email for us with the quote for this service and the necessary steps. Have a good day!
we come from VietNam, and wen want oppening company in Rumani with 100% foreigners
We specialize in technology, outsourcing software for partners.
In Vietnam we are the team doing the projects.
We want to grow our team into the company
We want to open a company, rent an office, and bring the team there to work, headquartered in Romania.
We want to find a support party to do everything.
Hello Alice, you have our quote for Romanian company formation and further details by email. All the best
I want to make a romania company due to 1% tax.
can you please inform me how?
Hello, you have our full quote and other details by email from email@example.com. Let us talk further there. And if you are in a rush you can book an initial call with us here: https://rrpb.ro/book-a-consult/
We are planning a direct meeting with your company. Currently, we are focusing on development of blockchain technology and its applications, namely CRYPTO and GAMBLING. Does Romania have regulations for this? And can your company support and advise us?
Hello, sure, you can book an in person meeting or online video call with us here: https://rrpb.ro/book-a-consult/. As you might know, regulations on crypto are being worked out throughout Europe. And on gambling, sure, the market is not that new and there are already laws in place.
I'm a freelancer, live in Bangladesh. I'm Bangladeshi citizen and I have no any other country citizenship.
I do website design works fully online.
PayPal is not officially supported here in Bangladesh. So, I want to live in Romania as a freelancer. I also want 1% tax benefit, or the tax rate as low as possible.
Kindly suggest me how can I do work as a freelancer in Romania. Do I have to open a PFA or SRL ? So that I can get an employee Work Permit under my own company.
Thank you in advance for your reply.
Hello, unfortunately our law office cannot offer you an invitation letter or a work visa for Romania, we are not a work placement agency. If you need any specific guidance on Romanian law you can book a legal consult with us here: https://rrpb.ro/book-a-consult/ (by PayPal or regular card) or email us at firstname.lastname@example.org. During this consult we can also discuss your options on company formation in Romania. All the best!
I am interested to open new company registration in Romania
Hello, sure! You have our full offer by email for Romanian company formation.
I’m originally from Pakistan and living in Madrid Spain
How can I register a company in Romania?
Hello, sure! You have our full offer by email for Romanian company formation.