Company Formation in RomaniaWe specialise in assisting foreign individuals and or companies invest in and or make companies in Romania. Our specialist consultants offer a full range of services that will allow you to set up your company in the shortest possible time. Our lawyers provide advice in the commercial, legal and financial matters from the company start up phase right throughout the company life.
Our Company Package Includes:
• Company Name Reservation • Legal documentation: - Affidavits - these documents will have a special format according to Romanian legislation;
- Specimen Signature- this document must be signed by the future Directors of the company;
- Articles of Association and By-Laws of your future Romanian company.
• Share Capital lodging with a bank of your choice • Handing the documentation into the Trade Registry and into the presence of a deputy Judge • Undertaking the certificate of registry • We can assist in the provision of a registered office address • Following the company registration our lawyers will take the necessary due diligence steps with the Romanian Authorities in order to obtain the necessary operating authorizations. • We offer translation services • We can offer bookkeeping and mail forwarding facilities as well as website building and email address provision.
Types of Business Organisation in Romania
1. Limited Liability Company (Srl)
This is the most popular company type in Romania by both locals and foreigners because of :- low administrative demands, more flexibility than other types of companies . low initial capital requirements;
Details Minimum share capital required 200 lei (60 euro approx) Maximum number of shareholders, natural or legal persons(Ie company) 50 An Srl is managed by one or more administrators (Usually just one) who can be a Romanian or Foreign Citizen. There is ABSOLUTELY no legal requirement for a Romanian National to be with in your client
2. Joint Stock Company
This is for bigger corporations and the minimum share capital is 75,000 euro Company must have a least 2 shareholders but there is no upper limit. More Details are available on request.
Property Acquisition
You will need an SRL to acquire a property here at the very least as a foreign individual may not own land here in his or her own right. If your interested in finding out more about property in Romania please check out our partner website www.transylvanianholidayhomes.com for more information. |