setting up a business in romania
The new year will bring three important tax cuts in Romania. Not only the VAT rate will be lower starting January 1, 2016, but also the tax on dividends and the tax on small companies’ revenues. The New Year has brought several tax cuts in Romania benefiting consumers, small firms as well as those who receive dividends, according to local media reports.
Creation of a public limited company (SA) in Romania (societate pe actiuni in romania )
If you invest in Romania, then the limited company is one the options. A joint stock corporation is normally recognized by the use of the words limited incorporated or corporation in its name (Societate pe Actiuni, S.A).
The creation of a public company requires a minimum capital of the Romanian equivalent of 90000 RON. At the day of the creation at least 30% of the social capital is paid and if it is a creation by public subscription then this percentage increased to 50%.
Company creation in Romania
Opening an operation in a new market is generally the most costly and time-consuming way to enter it, but the rewards and benefits can be great. There are important legal and financial implications involved in setting up a business or investment in Romania. You should take advice from our accountants or business advisers and lawyers.
There are three ways to open an overseas operation in Romania:
Business centers in Romania
We have several business centers at your disposal. We own or rent and do the exploitation of the business centers that we have in our portfolio. If needed we will look for a tailor made solution for your specific business and investment in Romania. We offer all that you need in order to conduct your business in a modern, pleasant and productive environment in open offices or classical offices.