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 registration 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 firstname.lastname@example.org
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:
Have you decided to sell your business? Or are you looking at buying a business? If so, what’s involved in doing this?
Here we provide a our perspective on matters related to the sale or purchase of an owner-managed business.
What it is that you’re actually selling or buying? This may seem like an unnecessarily obvious question, but it must be answered thoroughly. The answer will define much of what’s contained in an agreement for the sale of a business.
Buying and selling “shares” in a business
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.
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.
GREENFIELD INVESTMENT IN ROMANIA
Developing countries tend to attract prospective companies with offers of tax breaks, or they could receive subsidies or other incentives to set up a green-field investment. While these concessions may result in lower corporate tax revenues for the foreign community in the short run, the economic benefits and the enhancement of local human capital can deliver positive returns for the host nation over the long term.
We can help you as a parent company to creates a new operation in Romania from the ground up.
If you have an IT company in Romania, you can benefit from some general tax facilities, but you also have a special facility, specific to this area. Let's see what these facilities are and how we can benefit from them. For more info mail email@example.com
Employers can benefit from budget subsidies, based on Emergency Ordinance no. 60/2018 for the modification and completion of some normative acts in the field of labor force.
Then, one of the reasons why it is good for a foreign citizen to open his company in Romania is the one related to the wages in our country, the average income in our country is 400 euros.
Any SRL registered in Romania is recognized throughout the European Union and can conduct business in the European community and beyond.