romania

Company FormationRomania

Romania is a European country of more than 19 million people. The country has a GDP of more than $547 billion and a GDP per capita of $10,800. Romania is located at the intersection of Central, Eastern, and South Eastern Europe, and is widely known for its many cultural and heritage sites. The country borders the Black Sea, Bulgaria, Ukraine, Hungary, Serbia, and Moldova. Romania is ranked at position 52 in the ease of doing business index of the World Bank. Romanian is the predominant language in Romania.

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Why Registera Company in Romania?

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EU member state

Romania is a member of the European Union, which has more than 500 million potential customers.

Population

Romania has a big population, which is a good source of market.

Relations

Romania has bilateral relations with hundreds of other countries.

Workforce

Romania has an affordable workforce.

Incentives

The government of Romania has put in place multiple incentives to attract foreign companies.

Steps for Registeringa Company in Romania

As with all companies, there are a number of steps that are required to register a company in Romania. Most of the work is done in Romanian language. 

You should first download the company registration forms that are available here.

You should download the tax registration form here.

Visit the company registration office or website to find whether your business name is available.

Submit the articles of association to the trade registry office. Also, you should submit documents to show that you own or lease an office space. 

Get the ANAF certificate issued by the financial administration.

Submit details of your minimum share capital deposit. 

Register for taxes, VAT, and yourself as an employer.

FAQson Registering a Company in Romania

The types of businesses you can register in Romania are: European holding company, European company branch, sole proprietorship, private limited liability company, public limited liability company. 

It depends on the type of business. Simple businesses like sole proprietorship can take less than 5 hours to register. Meanwhile, companies like public limited liability companies can take a while to be registered. 

It is not mandatory for you to be present physically. You can use a registered proxy. However, you need to furnish the proxy with important details like your identity card and memorandum of association.

At GFSC Global, we help people register companies in Europe and in offshore countries. We have a team of experienced professionals who can help you in corporate litigation, bank accounts, and audit and accounting services.

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