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Romanian Company Formation
Romania is one of the most promising location in Europe for investors wishing to set up a new company. With its EU membership, Romania has opened itself for foreign trade, developed the private sector, privatized companies owned by the state and has updated the banking and tax systems. The standard corporate tax is 16%. However, for micro-companies it is much lower, 3%
The most common companies in Romania are: Limited Liability Company (SRL) and Joint Stock Company (SA).
Requirements:
- Share capital required for SRL is â¬60, if it has less than 50 shareholders.
- Share capital required for SA is â¬25,000, 30% has to be paid up (at least)
- SA must have 5 shareholders and 1 director
- Shareholders must be Romanians or foreign nationals