After selling large plots of agricultural land during 2003-2007 we shifted from sales to due diligence and used our expertise to evaluate farms and agricultural land in Romania. Since then we performed a due diligence almost every year in a classical way. We also used our expertise for share deals with factories that were bought by investors as we active in Romania since 2003.
company formation in romania
Is it easy to create a company in Romania?
Today it is relatively easy to set up a company in Romania. We provide customized advice. The establishment of a company in Romania is easy for us, we have more than 15 years of experience.
For information mail email@example.com
Choice of legal form of your Romanian company
The most common legal forms are the SRL (BV, BVBA) and the SA (NV). You choose a legal form:
No matter the fact that the investors in a Romanian company are residents or foreigners (or ventures), in both cases they are treated the same and benefit from the same opportunities of developing economic activities in Romanian.
All entities operate as independents and are separate by their shareholders/partners' legal units, having their own patrimony, possessions, appelation, administration, registered capital, headquarters and bank accounts.
With hundreds of companies established on behalf of our foreign clients, we offer the fastest and simplest option to set up Romanian companies at the lowest fees.
Moreover, such will be done by our professional lawyers, the only ones licensed in Romania to carry out a company formation. Your presence in Romania is not required.
We will draft all the necessary documentation, in bilingual Romanian-English so that you understand everything. You will only need to sign such documents and soon your company will be up and running.
Planning expansion in Romania??? Do you want to buy real estate or land???
We are here to support you.
Real estate can be acquired in two ways:
• Directly, e.g. by acquiring the real estate (asset deal)
• Indirectly, e.g. by acquiring a corporation owning real estate (share deal).
In either case, there is no stamp duty or tax. The only fees are these related to the notary and registration (Land Book/Commercial Registry) requirements.
Land tax are varies depending on local council decisions.
The agricultural economy represents the foundation of the Romanian civilization, this being over the centuries the source of existence but also the instrument of progress on these places. In recent years, Romanian agriculture has experienced a spectacular economic evolution and a technological transformation benefiting from significant investments through the common agricultural policies of the EU.
The individual employment contract is regulated by Law no. 53/2003 of the Labor Code.
An important aspect to be mentioned is that the minimum age to be able to work and have an individual employment contract is 16 years, as provided in the Labor Code. An individual employment contract can also be concluded for people who are 15 years old, but only with the consent of their parents and only if the work performed does not endanger their health and professional development.
New provisions on the sale of farmland located outside of the buildable areas is installed as per 13 October 2020.
As per 13 October, the foreigners can still buy agricultural land if they buy a company via a share deal. Other transactions are not possible any more for foreigners. Romania has put as single European country a limit for European citizens and other foreigners. Not very correct towards the citizens of Europe in my opinion.
If you want to start your own business you can open a freight company. In fact, due to e-commerce, the volume of transported goods has increased and, consequently, the spaces for new companies on the market.
Did you know that you have to risk to be radiated and that you can loose your business if you do not submit the statement of the real beneficiary to the ONRC?
More info mail firstname.lastname@example.org
The ONRC will organize a central register in which information will be registered regarding the real beneficiaries of the legal persons subject to the registration obligation in the trade register, except for the autonomous regions, the companies and the national companies and the companies wholly or majority state-owned.