For Romania, the law that provides the rules for the incorporation and for the statutory modifications of the companies is law no.31/1990.
In order to set up a company in Romania you first need to choose the type of business form, to prepare the file and to submit the application at the Trade Register. Detailed information regarding the complete procedure, minimum requirements and documentation you may find in our 2017 Guideline: Company Formation in Romania.
Among the approached topics, you will find:
legal forms of business, minimum capital and contribution
registration process and registration time
details about shareholders (company board)
general overview of corporate taxes
fees and penalties
special taxation of micro-enterprises
income tax exemption for programmers
opening a bank account
subsequent modifications in the statute of the company
unique European code (EUID)
For more details about establishing a company in Romania or support with any business-related activity, please contact our specialists in Romania. We are ready to offer information or services in the following areas: legal/corporate matters, local and international taxation, payroll and HR, accounting and reporting.
Download our 2017 Guidelines for details about the statutory framework and local entrepreneurial environment in the Czech Republic, Hungary, Poland, Romania, Slovakia and Ukraine! We have prepared for each country: