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.
creating a company 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 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:
Near shoring in IT sector Romania
Taxation of corporations in Romania
Source investment guide Deloitte 2023
Accounting and fiscal period
Are you looking for experienced engineers and technicians or are you yourself looking for a new job as a specialist or management professional in Engineering? We can find for you....
The engineers are again in great search on the Romanian labor market. In addition to computer scientists, companies offer jobs for mechanical engineers, construction engineers or energy engineers.
Why engineers in Romania? Because they are well trained, true professionals, they have a low rate of resignations and extremely dedication.
O. G. no. 16/2022 amended the Fiscal Code, therefore I present below the main provisions of the normative act.
1. Dividend tax - the changes take effect on January 1, 2023
Starting from January 1, 2023, the tax rate for dividends distributed/paid between Romanian legal entities, as well as for those distributed/paid to non-residents, is increased from 5% to 8%.
2. Microenterprise income tax - changes come into effect on January 1, 2023
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.
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.