Legal entity types in Romania compared
Our team is experts at helping entrepreneurs such as yourself navigate the complexities of Romania’s business regulations. We offer a wide range of services to help you select the right business structure for your project and stay in compliance with all laws. Let’s take a look at the different business structures available and discuss how we can assist you in establishing your business in this thriving European country.
Legal entities in Romania
Here are the most commonly used legal structures in Romania:
| Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
|---|---|---|---|---|
| Limited Liability Company | Societate cu Răspundere Limitată | RON 200 (€ 45) | Directors | 10 days |
| Joint Stock Company | Societate pe Acţiuni | RON 90000 (€ 25000) | Board of directors | 15 days |
| Branch Office | – | – | Branch manager | 15 days |
| Holding Company | – | – | Board of directors | 10 days |
Limited Liability Company (Societate cu Răspundere Limitată)
The Limited Liability Company is a common option for businesses in Romania, providing limited liability protection to its owners. Its adaptable structure and simple formation make it a convenient choice for entrepreneurs. We are available to assist you with the establishment of your Limited Liability Company in Romania.
Joint Stock Company (Societate pe Acţiuni)
The Joint Stock Company is frequently selected for bigger businesses in Romania. Due to its capacity to gather funds through public offerings and ease in share transactions, it provides notable benefits. Our team is available to help you with the registration procedure for your Joint Stock Company in Romania.
Branch Office
A branch office is like a continuation of the parent company, enabling it to carry out business in a different place while keeping its original legal identity. Creating a branch office in Romania can be beneficial for companies wanting to grow into the country without having to form a separate legal entity. By working as a branch, the parent company can utilize its current brand reputation and resources while entering new markets. We provide full assistance in navigating the complexities of establishing and running a branch office in Romania, ensuring a seamless and compliant entry into the market.
Holding Company
A holding company is frequently used as a strategic tool for overseeing other companies by owning their shares. Creating a holding company in Romania can bring advantages like centralizing management, spreading out risks, and tax benefits. By forming your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making, and enhance tax planning. Our experienced team can offer personalized support to assist you in setting up and running a holding company in Romania, ensuring adherence to regulations and optimizing your corporate structure’s potential.
Requirements for starting the business
Let’s examine the key prerequisites for establishing any kind of business entity in Romania and how our committed team supports you throughout the entire process.
Minimum share capital
Romania has minimum share capital requirements based on the selected business structure. Our team will help you determine the necessary minimum share capital for setting up your business, regardless of the type of corporation. We will collaborate with you to ensure that you meet regulatory requirements and make the most of your financial resources.
Directors and shareholders
In Romania, it is necessary for every business to have both directors and shareholders. Our experts can provide valuable guidance in selecting appropriate directors who can contribute their expertise to benefit the company and align with your future goals.
Legal duties and obedience
It is vital to stay on track with obligations, from registering with the appropriate authorities to continuing reporting and tax requirements. Our legal team manages administrative tasks to ensure full compliance for the business. This allows you to concentrate on your main activities while we take care of the paperwork.
Book a consultation
The team carefully analyzes your objectives, sector, and obstacles to offer tailored support throughout the process of forming your business. We assure a smooth and trouble-free path to creating a successful company in Romania thanks to our expertise and commitment to excellent service. Do not let the challenges of setting up a business in Romania hinder your success. Trust us to help your firm reach its full potential. Contact us now to start your journey towards success. Simply fill out and submit the form below, and our experts will reach out to you.