Company registration · Romania
Company registration in Romania a micro-company regime taxed on turnover
- Support
- from €1 200
- Registration time
- Turnover tax
Small companies can be taxed on turnover instead of profit, which is unusual inside the European Union.
The regime has conditions, and we check them before you commit.
Registration
from €1 200
Turnkey work by BRIDGES. Government fees and duties appear as a separate line in the estimate at actual rates.
See packagesTurnover tax
For qualifying micro-companies
1-2 weeks
Incorporation with the trade register
EU
Full access to the single market
Who it suitsRomania
Who Romania suits
Working on the company structure- 01Small service companies with modest turnover
- 02IT and outsourcing with a local team
- 03Regional trade and distribution
- 04Businesses testing the European market cheaply
- 05Companies that can meet the employee condition
Does not suit
- High turnover: the micro-company regime falls away
- A fully remote company with no local accountant
- You are counting on anonymity: the registry is public
- There is no willingness to work with Romanian-language filings
Company forms4
Which company to open
The limited liability company is the standard form for foreign founders.
- 01Societate cu raspundere limitata · SRL — limited liability company
Services, IT, trade, small manufacturing.
Low entry cost and access to the micro-company regime.
The regime has turnover and employee conditions.
- 02Societate pe actiuni · SA — joint stock company
Larger businesses and structures raising capital.
Higher standing and flexible share classes.
Higher capital requirement and heavier governance.
- 03Branch · branch of a foreign company
An existing group entering the EU market.
No new legal entity is required.
The parent company carries the liability.
- 04Representative office · representative office
Companies studying the market.
Simple to register.
Commercial activity is not permitted.
Packagesfrom €1 200
Three ways to launch
The scope is built from real scenarios. The amount depends on VAT and on the level of accounting support.
01 · 1-2 weeks
Company
from $1 500
An EU entity for contracts and invoicing
- Name reservation and preparation of the articles
- Filing with the trade register
- Registered address for the first year
- Full set of corporate documents
- Tax registration and a Romanian accountant
02 · 3-8 weeks
Company, VAT and account
from $2 900
An operating business with EU settlements
- Everything in the Company package
- VAT and EU VAT registration
- Bank profile and submission to suitable banks
- Monthly accounting set-up
- Support with correspondence with the tax authority
03 · from 4 weeks
Turnkey with staff
by project
A company with employees and real operations
- Everything in the Company, VAT and account package
- Employer registration and payroll administration
- Hiring the employee required by the regime
- Office search and lease support
- Monthly bookkeeping, annual accounts and returns
Trade register fees, social contributions and rent appear as separate lines in the quote.
TaxesRomania
Taxes in Romania
Two regimes: turnover tax for small companies and profit tax for everyone else.
Taxes in Romania
Romania
- Turnover tax
- For qualifying micro-companies
- from $1 500
- BRIDGES fee
- 1-2 weeks
- Incorporation with the trade register
- EU
- Full access to the single market
- Micro-company tax
- Charged on turnover rather than profit for companies within the statutory limits.
- Employee requirement
- The regime requires at least one employee.
- Standard corporate tax
- 16% on profit once the company leaves the micro-company regime.
- Dividend tax
- Charged on distributions to shareholders.
- VAT
- The standard rate is 19%, with reduced rates for certain supplies.
- Obligations at home
- Owning a foreign company creates obligations in the beneficiary country of residence.
Annual upkeep
- Registered address
- Monthly accounting
- Micro-company returns
- VAT returns
- Annual accounts
- Payroll and contributions
- Regime monitoring
- Bank compliance
Trade register fees, social contributions and rent appear as separate lines in the quote.
Bank
The bank account after incorporation
Romanian banks work with foreign owners but expect the administrator to appear in person.
- 01What the bank looks at
The activity, the customers, expected turnover, the local presence and the source of funds.
- 02Which documents are needed
The corporate set, administrator identification, contracts and a description of the business.
- 03Where the account is opened
With Romanian banks, and with European payment institutions for cross-border flows.
- 04What we do
We prepare the file, arrange the meeting and run the submission through to the result.
A personal visit is usually required. Where the founder cannot travel, we work with institutions that onboard remotely.
Stages1-2 weeks
How the work runs
Timelines are split by who is responsible.
- 01Consultation and structure
Turnover, the regime, the employee, VAT, banking.
One meeting - 02Quote and contract
We fix the scope of work and the amount.
1 day - 03Documents and translations
Collection of the set, notarisation and translation.
3-7 days - 04Incorporation
Filing with the trade register and issue of the documents.
5-10 days - 05VAT registration
Application with substantiation and issue of the number.
2-6 weeks - 06Account and launch
Bank file, the meeting and account opening.
The bank sets the timing
Result: The outcome is an EU company on the most favourable available regime: full documents, a VAT number, an account and a Romanian accountant in place.
ComparisonRomania
Romania or Bulgaria
| Romania | Bulgaria | |
|---|---|---|
| Standard corporate tax | 16% on profit | 10% on profit |
| Special regime | micro-company tax on turnover | none |
| Conditions | turnover limits and an employee requirement | no special conditions |
| VAT | 19% | 20% |
| Incorporation time | 1-2 weeks | 1-2 weeks |
| Upkeep cost | low | the lowest in the EU |
| Who it suits better | small companies with steady turnover | a simple predictable flat rate |
For a very small company the Romanian turnover tax can be cheaper. Above the limits Bulgaria is usually the better arithmetic.
TeamBRIDGES
Company team
Questions
Registration questions
What is the micro-company regime?+
A regime under which a small company is taxed on turnover rather than on profit, subject to statutory limits and conditions.
What are the conditions?+
A turnover limit, at least one employee and restrictions on certain activities. The limits are confirmed before incorporation.
What happens if I exceed the limit?+
The company moves to the standard 16% profit tax from the point the limit is crossed.
What is the standard corporate tax rate?+
16% on taxable profit.
How long does incorporation take?+
One to two weeks with the trade register once the translated documents are ready.
Do I need a Romanian director?+
No, but a registered address with the owner’s consent and a Romanian accountant are required.
How hard is it to open a bank account?+
Realistic, though most banks expect the administrator to attend in person.
How quickly can I get a VAT number?+
Two to six weeks; the tax authority carries out substantive checks.
Are filings in Romanian?+
Yes, which is why a local accountant is part of the service.
Is the registry public?+
Yes, administrators and shareholders are visible.
Do I have to declare the company at home?+
As a rule yes: owning a foreign company creates obligations in your country of residence.
What does upkeep cost?+
Address, accounting, VAT and payroll for the required employee. We set it out three years ahead.
A company for your task
Tell us what the company will do: we will check whether the country fits and show the launch and upkeep budget before the contract.
- Other jurisdictionsA comparison of countries for company registration.
- A company in BulgariaThe neighbouring alternative with a flat 10% rate.
- Corporate accountsHow an account is opened and what the bank checks.
- BulgariaRegistration: 3-10 days · from €1 100
- CzechiaRegistration: 5-14 days · from €1 300
- HungaryRegistration: 3-7 days · from €1 400
Company registration
Want a company in Romania?
Write to us, we will set it up. We will choose the form, calculate the launch and the annual upkeep, register the company and help open the account.
