Want to set up a firm in Romania? We can assist you in starting a business or in buying a shelf company in Romania with a full package of necessary documents, legal advice and follow-up support. Incorporation of a firm in Romania includes provision of a registered office (for at least 1 year in any of our service plans), an apostilled set of constitutional documents, secretarial services and assistance with compliance fee and pre-approval for opening an account in banks of Romania. The total price of company formation in Romania includes all necessary fees and charges for the first year of operation, as well as full one-year nominee service (package Optimum).
Romanian legislation provides for the possibility of creating the following organizational and legal forms:
The most popular and common forms are Limited Liability Company (SRL) and Joint Stock Company (SA).
Restrictions for SRL (standard, do not have the right to conduct regulated activities without a license):
All SRLs registered in Romania are treated as resident companies in Romania for tax and corporate purposes, and therefore must comply with the requirements for keeping accounting records and comply with the Law.
Romania has the following requirements for a company name:
To register a company, you must:
2) Pay for services.
3) It is necessary to submit documents for administrators / participants / attorneys:
4) Pay the authorized capital.
5) Prepare a set of documents for registering a company, sign documents with directors and participants.
6) Submit an application for company registration to the Commercial Register. After receiving and processing the application, the Registry will issue a Certificate of Registration.
The general period for registering a company in Romania is on average 2 weeks.
Every company in Romania must have a registered office in the country of registration.
Only one company can be registered at one address. Exceptions are office space, which is divided into several separate rooms for separate use.
There are no printing requirements.
The register of administrators / directors and shareholders is filed with the Commercial Register. Information is available to third parties - public.
Information publicly available in the Trade Register:
The affairs of a limited liability company in Romania are managed by the administrator.
The administrator can only be an individual; the minimum number of administrators is one. The same individual can be both administrator and member.
Romanian limited liability companies are not required to have a company secretary.
The minimum number of shareholders/members in a company is one; they can be individuals or legal entities; there are no statutory requirements as to their residency. The maximum number of members is 50.
An individual or a legal entity can be the sole member of more than one limited liability company (LLC / SRL).
A limited liability company (LLC / SRL) can have another LLC consisting of a single person as its sole shareholder.
The law on the introduction of the Register of Beneficiaries in the country entered into force on July 21, 2019. The law states that legal entities are required to provide the necessary information about their beneficiaries no later than November 1, 2020.
The Romanian National Commercial Registry has issued and is updating a form that must be completed in order to be included in the Registry. This is only information that must be provided under EU common law: full name, date of birth, place of birth, personal digital code, series and number of identity card, citizenship, place of residence or residence.
Access to the Register is available to tax authorities, judicial authorities, persons or organizations that carry out due diligence in relation to money laundering or terrorist financing.
The minimum share capital is RON 200 (appr. EUR 45) divided into shares of min. RON 10 (appr. EUR 3) each. It must be paid up by the time of filing the company for registration.
Bearer shares and no par value shares are prohibited.
Price3 850 EUR
(including incorporation tax and state registry fee)
Price4 950 EUR
(including registered address and registered agent)
DHL or TNT, at cost of a Courier Service
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Paid-up “nominee director” set includes the following documents
Paid-up “nominee shareholder” set includes the following documents
Compliance fee is payable in the cases of: incorporation of a company, renewal of a company, liquidation of a company, transfer out of a company, issue of a power of attorney to a new attorney, change of director / shareholder / BO (except the change to a nominee director / shareholder), signing of documents
simple company structure with only 1 physical person
additional compliance fee for legal entity in structure under GSL administration (per 1 entity)
additional compliance fee for legal entity in structure NOT under GSL administration (per 1 entity)