Company Formation Romania:

RoLegal Law Firm makes all necessary efforts to find out all the theoretical consistency of legal regulations in order to provide professional solutions of practical applicability regarding the private as well as the public law regarding the incorporation and registration of Romanian trading companies, associations and foundations. Our 10 years of business and commercial law expertise act as a guarantor for our services quality.

RoLegal Law Firm helps foreign investors in all phases of a company’s cycle – starting up, investing and exiting investments, drafting by-laws and dealing with the incorporating procedures, opening branches, including for public companies. We help our clients to get the most out of their private equity investments. Our law firm is offering you a full range of services that will allow you to found a Romanian company in 4 working days. Our lawyers provide law counseling in commercial, agreement and financial matters from the start-up and throughout the company activity.

The Company Formation in Romania package includes:

• Reservation of the company's name;
• Drafting of the Articles of Association (by-laws) and statements (affidavits) of the shareholders and directors;
• Submitting the share capital to a chosen bank;
• Filling the application to the Local Trade Register in the presence of the deputy judge;
• Undertaking the Certificate of Incorporation and the VAT number;
• Our law firm can provide you with a registered office or a complete virtual office solution;
• Following the company’s registration, our attorneys will make all the necessary steps in front of the Romanian authorities in order to obtain all the necessary licenses or authorizations.

Most common types of company in Romania:

1. Limited Liability Company (S.R.L.) - is the most popular vehicle for carrying on business activities in Romania by local and foreign investors, because of:
a. Low administrative requirements;
b. Greater flexibility compared to other types of companies;
c. Low initial capital requirements.

DESCRIPTION:
- minimum registered capital: currently 200.00 lei (about EUR 60);
- the maximum number of shareholders, natural or legal persons, in such a company is 50;
- a SRL is managed by one or more administrators (directors) which may have full/limited power and who may be Romanian/foreign citizens.

2. Joint-stock Company (S.A.) - the number of joint stock companies (SA) is growing in Romania.
DESCRIPTION:
- minimum registered capital: currently 25,000 EUR;
- there is no limit for the number of associates, however, such a company should have at least 2 shareholders;
- when an SA is established, at least 30% of the subscribed share capital, or 100% in respect of contributions in kind, must be immediately contributed upon formation of the company and all subscribed share capital must be fully paid within 12 months of formation.

Our law firm, located in Bucharest, Romania, offers additional services for Romanian or foreign companies such as:
- Front desk services: receiving/replying mails and faxes;
- Registered office in Bucharest, Romania;
- Virtual office in Bucharest, Romania;
- Accounting services.

Our law office has a vast experience in establishing new Romanian companies or opening branches for existing foreign companies.

Check for other related practice areas:

Real Estate Due Diligence
Virtual office in Bucharest

For any further details or more information please do not hesitate to contact us.