Expand Your Business in Romania
Expand Your Business in Romania
Romania has emerged as one of Eastern Europe’s most attractive destinations for business expansion. With its strategic location, access to the European Union market, competitive operating costs, and skilled workforce, company registration in Romania offers significant advantages for startups, SMEs, and international investors.
Registering a company in Romania allows businesses to operate legally, enter EU trade markets, and benefit from Romania’s evolving business-friendly regulatory environment.
Why Register a Company in Romania?
Entrepreneurs choose Romania for company registration due to several strong advantages:
1. Access to the European Union single market
2. Competitive corporate tax environment
3. Low operational and labor costs
4. Growing technology and manufacturing sectors
5. Availability of skilled and multilingual workforce
6. Simplified company incorporation procedures
These benefits make Romania an ideal location for long-term business growth.
Types of Business Entities in Romania
Before proceeding with company registration, it is important to select the right business structure.
Limited Liability Company (SRL)
The most popular form of business entity in Romania. It offers limited liability protection and is suitable for small and medium-sized businesses.
Joint Stock Company (SA)
Best suited for larger businesses planning to raise capital through public or private investment.
Sole Proprietorship
Ideal for individual entrepreneurs with small-scale operations, though it does not provide limited liability protection.
YKG Global assists in choosing the most suitable structure based on business goals.
Step-by-Step Process of Company Registration in Romania
Step 1: Company Name Reservation
A name availability check is conducted with the Romanian Trade Register (ONRC) to ensure uniqueness.
Step 2: Preparation of Incorporation Documents
This includes drafting the articles of association, shareholder details, director appointment, and registered office address.
Step 3: Registered Office Address
Every company must have a registered address in Romania for official correspondence.
Step 4: Submission to Romanian Trade Register (ONRC)
All documents are submitted either online or physically for registration approval.
Step 5: Issuance of Certificate of Incorporation
Once approved, the ONRC issues the Certificate of Registration along with the company registration number.
Documents Required for Company Registration in Romania
The commonly required documents include:
1. Proposed company name
2. Articles of association
3. Identification documents of shareholders and directors
4. Proof of registered office address
5. Specimen signatures of directors
6. Declaration of beneficial ownership
Accurate documentation ensures faster approval.
Timeframe for Company Registration in Romania
Company registration in Romania typically takes 5 to 10 working days, depending on document completeness and verification.
Company Registration for Foreign Investors in Romania
Romania allows 100% foreign ownership, and foreign nationals can register companies without local partners. In many cases, physical presence is not required, making Romania attractive for international entrepreneurs.
Tax Registration and Compliance After Incorporation
After company registration, businesses must complete additional formalities:
1. Tax registration with ANAF
2. VAT registration if applicable
3. Opening a corporate bank account
4. Maintaining accounting records
5. Filing annual financial statements
Ongoing compliance is crucial to avoid penalties.
Benefits of Using Professional Support for Company Registration in Romania
Registering a company involves legal and procedural complexities. Using professional consultants ensures:
1. Error-free documentation
2. Faster approvals
3. Full legal and tax compliance
4. Proper structuring from the start
5. Peace of mind for business owners
Why Choose YKG Global for Company Registration in Romania?
YKG Global provides end-to-end support for company registration in Romania, including:
1. Company name availability and reservation
2. Preparation and filing of incorporation documents
3. Assistance with registered office address
4. Tax and VAT registration support
5. Ongoing compliance and advisory services
Our expert team ensures a smooth and compliant business setup in Romania.
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