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 3 working days. Our lawyers provide law counseling in commercial, agreement and financial matters from the start-up and throughout the company activity.

This Company Formation Romania package includes:

• Company name reservation;
• Draw up of the Constitutive documents (by-laws) and of the Shareholders and General Manager statements (affidavits);
• Signature specimen draft;
• Registered capital deposit to a chosen bank;
• Documents hand in to the Trade Register in the presence of the deputy judge;
• Undertaking the Certificate of Registry and the VAT number;
• Our law firm can provide you with an address for the registered office and if require we can offer you a virtual office solution;
• Following the company registration, our attorneys will make all the necessary diligence to the Romanian authorities in order to obtain the necessary functioning authorizations.

These are the steps for Company Formation Romania.

Forms of Business Organization in Romania

Romanian commercial companies may be established in one of the following forms:

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 70);
- the maximum number of shareholders, natural or legal persons, in such a company is 50;
- an SRL is managed by one or more administrators 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 increasing 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 in 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 got a vast experience in establishing new Romanian companies or opening branches for existing foreign companies.

Check for other related practice areas:

Romanian Properties Investments
Real Estate Due Diligence
Virtual office in Bucharest

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