top of page

The Procedure of Company Formation in Romania

Romanian Startup Formation,
Step by step...

The company formation process starts with a telephone consultation.

You provide us with 3 possible company names in priority order, and we will try to reserve your first choice. If not possible, we will reserve the second or third name.

After name reservation, we'll schedule a personal meeting at the SOHO Office Building in Nagyváradi, at a mutually agreed time.

Your appearance in Nagyváradi ensures a meeting with the executive who is also the owner of the office building providing the registered office. Following this, you'll have a legal consultation where you'll sign the registration papers with the lawyer. At the same time, if necessary, we'll apply for VAT registration and the EU tax number, which is automatically granted to every new company.

The company registration process usually takes about 3-4 working days.

After that, there will be one final meeting in Nagyváradi for the bank account opening and selecting the accountant.

According to current Romanian laws, the company registration process (except for opening the bank account) can be executed without personal appearance.

Remember, our team will be with you every step of the way to ensure a smooth process!

How do we start the process of company formation?

Consultation

Name selection (minimum of 3 names)

Name reservation

Appointment scheduling

Personal appearance

Legal practice

EU tax number

VAT registration (if necessary)

Company registration (3-4 working days)

Opening a bank account

Selecting an accountant

The necessary documents for company formation:

Valid Personal Identification Card

and Residence Permit Card

or

Valid Passport

Prices

Prices

Formation
450 €
  • Consultation

  • Legal services

  • Registration fees

  • Opening a bank account

  • Interpretation

HQ
400 € /year
  • Providing registered office services

  • Receiving incoming mail

  • Digital forwarding

  • Optionally, free office usage

Ready Firm
1490 €
  • Ready-made company

  • Consultation

  • Legal services

  • Transcription fees

  • Handover of bank account

  • Interpretation

  • Registered office

Accountant
100 € /m
  • Hungarian,

  • Romanian,

  • German,

  • Italian, and

  • English languages

Romanian Residence

(For Company Owners/ Executives)

500€ /permit/pers./5yrs

  • Residence address in Nagyváradi for 5 years

  • Residence card obtainable within one day

  • Avoidance of double taxation

  • Opportunities for tax savings

  • When receiving Romanian dividends, the difference between foreign and Romanian dividend tax can be avoided with a residence certificate.

  • For stays exceeding 183 days annually in Romania, dividend tax is guaranteed to be 8%.

Romanian Residence

(For Individuals)

500€ /permit/pers./5yrs

  • Residence address in Nagyváradi for 5 years

  • Residence card obtainable within one day

  • For further information, please contact Mr. László But, the executive, on the "Contact" page or call one of the phone numbers listed in the footer.

bottom of page