Do
you want to expand your business in Eastern Europe? Do you want to set up
your own company in Romania to enjoy the advantages of cheap
labor
and low taxation? If you don't know how or where to
start, contact us
with confidence. We will handle all the bureaucracy on your behalf. We
offer fast and precise administrative assistance to
our clients. If you
contract us to set up your Ltd. in Romania, we can have all
necessary
documents sent to you for your brand new company with European
fiscal
code and with two stamps within ten workdays (or as little as three
days with express service). You have to travel to Romania only once in
order to set up your company, or not even once if you send us an
official authorization signed by a notary.
Company formation
Romania - Start business now!
In some regions of Romania, large foreign investment firms
enjoy tax exemption. Some of these regions are located in our
area, Bihor county. Our expert economists can provide you with
further
information about the possibilities Company formation in
Romania
Company
registration in Romania
What type of businesses exist in
Romania? Company registration
Iin Romania, you can choose from many types of
businesses according to your needs.
You pay tax on your profit. If you pay tax on your profit, you'll have
to pay 16%
tax on your pure profit after all costs and expenses have been
deducted Company
registration in Romania.
In either case, you can decide whether your company will pay
VAT or not. Here, in Romania the VAT is 19%.
Company registration Romania
You can be VAT free until your annual income reaches €35.000.
In summary, your choices are:
1. Pay tax after profit + VAT-payer
profit tax = 16%
2. Pay tax after profit + VAT-free
VAT 19%
Dividend tax = 16%
Start business in Romania
Set up romanian company
After
we have received all the necessary information from you (copy of ID
card, postal address, NACE codes and 5-6 company names) our expert
economist will compile the article of incorporation,
will reserve the
company name and prepare all documents that have to be signed. A day
after we received all the necessary data (or maybe on the same day),
you can come to Oradea to sign the article of incorporation in the
notary's office. Start business in Romania
Throughout this process -the company formation in
Romania- we'll provide you with
an English interpreter who will help you at the notary, in the
bank and
will translate all the documents you have to sign The company
resgistration and formation in Romania is the best way to start business in Romania.
We'll
need about 20 minutes at the notary's office. After that, we'll
go on
to the Bank of Transylvania to deposit the capital stock,
which is €60.
The whole process should take no longer than an hour and a half. Then
our administrators will handle all the bureaucratic matters related to
your company formation, submitting your documents to the
appropriate offices. Ten workdays later, you will receive all
the
paperwork you need to start operating your company. If you
want to
shorten this time, an expedited procedure exists for romanian
company formation, requiring
only three
days. Our administrative staff will also open a corporate
account for
you, and from that point on, your clients can make
transfers to your
Romanian bank account Start business in Romania.
The only thing you have to do in person is to take possession of your
pin codes and bank cards from the bank. Company registration and formation Romania
During your stay, our expert economist will update
you on the Romanian tax system and will provide you with tax advice
Romanian company formation.
Romanian company (LTD) formation
Foreign
citizens, as a group or even a single person, are eligible to
set up a
company in Romania. Our basic services include your virtual company
headquarters, and an address where you can register your company at
a relatively low price. Your mail will be processed there,
meaning
that if your company receives any mail, it will
be forwarded to your
Romanian accountant.
If the virtual romanian company headquarters do not meet
your vision, you can always ask us to find an office that more
closely corresponds with your needs. If you are in
need of labor after
forming your Romanian company, we can help you find
the right
professionals and, of course, you can always contact us with confidence
if you have any other requests. We will suggest an accountant
to you,
who will represent your company and will handle your company`s
finances. Romanian minimum wage is €150 per month,
after wages there is
a 60% of contribution, this means that the employer have to pay 35% and
the worker 25%. Company formation Romania, in the eastern part of
Europe.
Bihor
county is an outstanding area in Romania, because it has a lot of zones
where investors can enjoy tax benefits if they create workplaces.
When
you choose your company name, please note the following; Company names
cannot contain initials (ex. M&M), accentuated letters,
numbers,
you are not allowed to use the word 'Romania' in your company name,
also you may use English names but only within reason. You
should have
many versions
(minimum five), in case the registration office
will reject one or two of them. Please avoid company
names that
contains only 3-4 letters, as there must be a difference of
two letters
between an existing/registered company name and your chosen company
name .
Your company will be registered in Oradea, Bihor county.
The city is 10kms from the Hungarian border, at an
ideal economical and
geographical location to set up your new venture. The city's
population
exceeds 200.000. Bihor county is a highly developed area in Romania,
numerous foreign investors have businesses here to enjoy the
cheap
labor and tax benefits. Company registration in Romania, start your
business in East-Europe.
How
to set up a romanian company?
Why start a
business in Romania? Because
the country has been part of the European Union since 2007,
adhering to
all guidelines and regulations while offering one
of the lowest
corporate taxes in Europe.
Company formation
Romania, the new possibility.
You
can choose between different types of companies before the company
registration in Romania. The simplest
and least
expensive being a limited liablity partnership, the SRL in Romanian.
You can form a limited liablity
partnership with a minimal
share capital (about 60
Euro).
Applicable taxes for these types of companies are also very low.
For
a limited liablity partnership in Romania you must distinguish between
several sub-types, meaning that you can choose the way you
want to pay
your taxes.
You can choose the profit
tax (you will have to pay
16% of profits in tax), or you can choose the
income tax (you will
have to pay 3%
of your total income). Set up company in Romania, and
begin your
business in this country.
Limited
formation in Romania
The value added tax (VAT) is 19% in
Romania. Before setting up your romanian company, you
have
the
option to choose
whether or not you want to pay VAT. Until your
limited liability
partnership reaches an income of 35.000
Euros, it can function as non
VAT payer.
After
you reached the amount of 35.000
Euros you will automatically become a member of the VAT tax payers.
Both types have their advantages. These numbers speak for themselves;
it is worth to invest in a Romanian company. Start business in Romania!
Set
up
romanian company, NOW, and make business here.
Starting
a business in Romania is
ideal for those entrepeneurs who want to reduce their tax
expenses
and manage their businesses in Eastern
Europe. Establishing your
business in Romania is also a good idea if you intend
to extend your
business circle.
Lots
of companies conduct business
in Romania because they want to profit from the low costs. Here, you
can hire highly trained professionals inexpensively. While you would
pay an employee in Western Europe more than 1000 Euros/ month, you can
hire an employee here for only 200 Euros. Of course, wages depend on
education level, etc. but you can still hire a highly educated
workforce for 400-500 Euros per month. The minimum wage in
Romania is
150 Euro per month.
Romanian company formation, because this is a country with
22
millions people.
We'll
help you find the right
employees, keeping in mind that you don't speak the logal
language. At
your request, we can find employees who you
speak your
language Set
up a Romanian Company!
Your
cost, including all fees and
share capital, will be 999 Euros for a fully functioning legal business
in Romania. You will receive language help at the public
notary through
a certified translator who will translate the certified documents into
your language so you know what you sign
Company formation Romania
Limited company formation
in
Romania
After
we agree on a deadline, we will
register your romanian company in a single day. We will prepare the
required
documents beforehand so you'll only have to sign the prepared
documents
at the public notary and at the commercial court. After this, we
will deposit the share capital (60 Euro) in a Romanian bank.
The whole romanian company formation
procedure takes 1 to 2 hours. You will be
able to return home on the
same day after start business in Romania.
Finalizing your company registration in Romania takes 2
weeks maximum after you signed the required documents. If you need the
company as quickly as possible, we can do it for you in 3 days with
an expedited procedure Ltd formation in Romania.
We are situated in the western part of the
country. Your company will be registered in Oradea, Bihor County. This
city has approximately 210.000 inhabitants, and lies near the Hungarian
border. The city has an airport for your
convenience. If you want to
form your company in another city, we will help you to relocate, or you
could have the headquarters of the company in Oradea
(you rent a
virtual office here and hire an accountant) and you would announce a
branch office at the Commercial Court. We will do all the
administrative work for you. Company formation in Romania, incorporate
romanian company
Accounting
services and the registration of your office are much
cheaper in our city than in other cities in the region.
Your
newly registered company can start business in
any Romanian county because
it has a Romanian company registration number. If you want to
offer
your services in other counties, you will only need a branch
office that we will register at the commercial court.
Here
you find the list of countries, with whom Romania had
signed a double taxation prevention agreement: Double
Taxation Prevention List
Company
formation Romania Further
information about our prices
and about setting up a company in Romania,
company registration Romania.
|
|
