Company registration in Romania | |||||
---|---|---|---|---|---|
Name of service | Package Standard | Package Full | Package Plus | Package Exclusive | |
Company registration, including the payment of state fees | + | + | + | + | |
Notary Services | + | + | + | + | |
Contact person of the company | + | + | + | + | |
Remote opening, including the transfer of power of attorney | – | + | + | + | |
Stamp of the company | – | – | + | + | |
Legal address for 1 year | – | – | + | + | |
Bank account | – | – | – | + | |
VAT number | on request | on request | on request | on request | |
Total cost | 1975 EUR | 2275 EUR | 2400 EUR | 2750 EUR | |
Annual service fee | 1450 EUR | 1450 EUR | 1625 EUR | 1625 EUR | |
Annual filing of the required financial statements | 450 EUR | 450 EUR | 450 EUR | 450 EUR | |
Order | Order | Order | Order |
Romania, formerly also spelled Romania and Rumania, is a country located between Central Europe and Southeastern Europe, bordering the Black Sea. Romania shares a border with Hungary and Serbia to the west, Ukraine and Moldova to the northeast and east, and Bulgaria to the south.
Romania joined NATO on 29 March 2004 and the European Union on 1 January 2007. It is also a member of the Latin Union, Francophone, OSCE, WTO, BSEC, United Nations, etc. Today, Romania is a unitary semi- presidential republic, in which the executive branch consists of the President and the Government.
General information
Area – 238 391 sq. km
Population – 21 790 479 inhabitants
Capital – Bucharest
Official language – Romanian
Official currency – Romanianlei ((RON)
The legal system – Parliamentary Republic
Legal form of company
The Most common form of legal entity in Romania is:
– Limited Liability Company (LLC)
Key specials
Romania has agreements for the prevention of double taxation with following countries:
Albania, Australia, Austria, Belarus, Belgium, Bulgaria, Great Britain,
Hungary, Vietnam Zimbabwe, Denmark, Germany, Greece, India, Indonesia, Israel, Jordan, Iceland, Ireland, Italy, Jordan, Kazakhstan, Canada, China, Cyprus, Qatar, Kuwait, Latvia, Lithuania, Luxembourg, Macedonia, Malaysia, Malta, Moldova, Mongolia, Netherlands, Norway, Oman, Pakistan, Poland, Portugal, Russia, Singapore, USA, Thailand, Tunisia, Turkey, Ukraine, Uzbekistan, Philippines, Finland, France, Croatia, Czech Republic, Switzerland, Sweden, Sri – Lanka, Yugoslavia, South Africa, South Korea, Estonia, Japan.
Corporate legislation
Tax Code of Romania
Share capital
Limited Liability Company (LLC) – 2 000 000 (RON);
Bank account opening
For Rumania Company we offer bank accounts in following countries:
Latvia
Estonia
Lithuania
Switzerland
Cyprus
Denmark
St. Vincent and the Grenadines
Belize
Seychelles
Tanzania
Bosnia
Hong Kong
Dubai
Full list of bank accounts with tariffs you can find here
The main requirements for directors, shareholders of the company (llc)
Legal statuss – the legal entity
Founders, Shareholders – minimum one
Status of – private or corporate persons
Residence – can be from any country
The Government The Board of Directors
Director – minimum one
Status of – private personse
Residence – can be from any country
* The registered office and address should be in Romania.
Taxation
Value Added Tax (VAT) – 24 %;
Corporate tax – 16%;
Small Business (Microenterprise) – 3%
Accountancy
– Annual Report
– VAT Declaration tax
Accountancy fees you can check here
Disclosure of beneficial ownership to goverment authorities
Disclosed
Timeframes
New Company registration takes from 1 day.
Shelf companies are available
For more information, please contact us.