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Company Formation in Romania | Atrium Romanian Lawyers

Company Formation in Romania

Expert Legal Assistance for Establishing Your Business

Starting a business in Romania offers significant opportunities in one of Eastern Europe’s most dynamic markets.

At Atrium Romanian Lawyers, we provide comprehensive legal services for company formation, guiding both local entrepreneurs and international investors through every step of the business registration process.

With over 20 years of experience since 2003, we ensure your company is established efficiently, compliantly, and ready for success.

Types of Companies in Romania

Romania offers various corporate structures to suit different business needs. Our Romanian lawyers can help you choose the most appropriate form for your business:

SRL (Limited Liability Company)

Most popular choice for SMBs and startups

  • Minimum 1 shareholder (individual or legal entity)
  • Minimum share capital: 1 RON
  • Limited liability protection
  • Flexible management structure
  • Suitable for small to medium businesses

SA (Joint Stock Company)

Ideal for larger businesses and public companies

  • Minimum 2 shareholders required
  • Minimum share capital: 90,000 RON
  • Can issue shares publicly
  • More complex governance structure
  • Suitable for larger enterprises

Branch Office

Extension of a foreign company

  • No minimum capital requirement
  • Not a separate legal entity
  • Parent company assumes liability
  • Can conduct business activities
  • Ideal for foreign companies entering Romanian market

Representative Office

For market research and promotion only

  • No minimum capital requirement
  • Cannot conduct commercial activities
  • Limited to promotional and research activities
  • Temporary authorization (typically 3 years)
  • Good for testing the Romanian market

Company Formation Process

Our streamlined approach ensures your company is registered efficiently with all legal requirements met:

Step 1: Company Name Reservation

We check name availability and reserve your preferred company name with the Trade Registry Office (ONRC). This ensures your chosen name is unique and compliant with Romanian regulations.

Step 2: Document Preparation

Our Romanian lawyers draft all necessary documents including Articles of Association, shareholder agreements, and required declarations. All documents are prepared in Romanian and translated when needed.

Step 3: Share Capital Deposit

We assist with opening a temporary bank account and depositing the minimum share capital as required by law. For SRLs, this is typically 1 RON.

Step 4: Trade Registry Registration

We file all documents with the Trade Registry Office and handle the entire registration process, including obtaining the company’s unique registration number (CUI/CIF).

Step 5: Tax Registration

We register your company with the Romanian tax authorities (ANAF) and obtain your VAT registration if applicable.

Step 6: Additional Registrations

We handle social security registration, obtain necessary permits and licenses for your specific business activity, and ensure full compliance with Romanian regulations.

Timeline

The entire company formation process typically takes 5-10 business days from the moment all required documents are prepared and signed. We can expedite the process if needed for urgent business requirements.

Required Documents

For Individual Shareholders:

  • Valid passport or national ID card
  • Proof of residential address
  • Completed shareholder declaration forms
  • Specimen signature (authenticated if shareholder not present)

For Corporate Shareholders:

  • Certificate of incorporation
  • Articles of association
  • Extract from commercial register (not older than 3 months)
  • Resolution authorizing the investment in Romania
  • Identification documents of legal representatives
  • All documents must be apostilled/legalized and translated into Romanian by certified translators

General Requirements:

  • Proposed company name (we verify availability)
  • Business activity codes (NACE codes)
  • Registered office address in Romania
  • Details of company directors and administrators

Our Company Formation Services

We provide comprehensive support throughout the entire company formation process:

Full Legal Compliance

Ensuring all documentation meets Romanian legal requirements

Registered Office

Providing legal domiciliation services if needed

Multilingual Support

Services in Romanian, English, French, and German

Fast Registration

Efficient processing with minimum delays

Corporate Documents

Drafting articles of association and shareholder agreements

Due Diligence

Name availability checks and activity code selection

Banking Assistance

Support with opening corporate bank accounts

Tax Planning

Guidance on optimal tax structure for your business

License Applications

Obtaining necessary business permits and authorizations

Employment Setup

Assistance with employment contracts and HR compliance

Ongoing Support

Post-formation legal and compliance assistance

Transparent Pricing

Affordable rates with no hidden costs

Additional Post-Formation Services

Once your company is established, we continue to support your business growth:

  • Corporate Governance: Ongoing advice on corporate governance, board meetings, and shareholder decisions
  • Compliance Management: Ensuring ongoing compliance with Romanian corporate law and regulations
  • Contract Drafting: Preparation of commercial contracts, supplier agreements, and customer terms
  • Intellectual Property: Protection of trademarks, patents, and intellectual property rights
  • Employment Law: Drafting employment contracts and ensuring HR compliance
  • Tax Advisory: Ongoing tax planning and compliance services
  • Data Protection: GDPR compliance and data protection registration
  • Corporate Restructuring: Share transfers, mergers, acquisitions, and company transformations

Why Choose Atrium Romanian Lawyers?

20+ Years Experience

Established since 2003 with deep expertise in Romanian corporate law

Expert Lawyers

Members of the Bucharest Bar with local regulatory knowledge

International Expertise

Extensive experience working with foreign investors and international clients

Multilingual Team

Fluent in Romanian, English, French, and German

Full-Service Support

Handling all aspects of business law and company formation

Personalized Solutions

Tailored approaches for each client’s unique needs

Efficient Process

Streamlined procedures to get your business operational quickly

Transparent Communication

Regular updates throughout the formation process

Competitive Pricing

Affordable rates for individuals and SMBs

Long-Term Partnership

Dedicated support beyond company formation

Foreign Investors in Romania

Romania welcomes foreign investment and offers an attractive business environment within the European Union. As experienced Romanian lawyers, we specialize in assisting international clients with:

  • Understanding Romanian business culture and legal requirements
  • Navigating bureaucratic procedures efficiently
  • Structuring investments for optimal tax efficiency
  • Providing registered office services (domiciliation)
  • Assisting with visa and work permit applications for foreign directors
  • Connecting with local accountants, banks, and service providers
  • Ongoing representation before Romanian authorities

Frequently Asked Questions

How long does it take to register a company in Romania?

The entire process typically takes 5-10 business days from the time all documents are prepared and signed. With our expertise, we ensure the process is as efficient as possible.

Can foreign nationals establish a company in Romania?

Yes, foreign individuals and companies can establish businesses in Romania with no restrictions. Romania welcomes foreign investment as an EU member state.

Do I need a physical office in Romania?

Yes, every company must have a registered office address in Romania. We can provide domiciliation services if you don’t have a physical location yet.

What is the minimum share capital required?

For an SRL (Limited Liability Company), the minimum share capital is just 1 RON. For an SA (Joint Stock Company), it’s 90,000 RON.

Can I be the sole shareholder and director?

Yes, for an SRL, you can be both the sole shareholder and director. You don’t need to be a Romanian resident.

Do I need to visit Romania to establish a company?

Not necessarily. If you provide us with properly authenticated powers of attorney, we can handle the entire process on your behalf. However, you will need to visit Romania eventually to open a bank account and sign certain documents.

What taxes will my Romanian company pay?

Romanian companies are subject to corporate income tax (currently 16%), VAT (21%), and various social contributions for employees. We provide comprehensive tax advisory services to optimize your tax structure.

Can I change the company structure later?

Yes, companies can be transformed from one type to another (e.g., from SRL to SA) through legal procedures. We can assist with corporate restructuring when your business needs evolve.

Ready to Start Your Business in Romania?

Contact our experienced Romanian lawyers today for a consultation. We’ll guide you through every step of the company formation process.