Foreigners’ Fiscal Registration: NIF Code in Romania 2026

Romanian fiscal registration • 2026

NIF code in Romania: the practical guide for foreign individuals

A Romanian NIF is a tax identification number assigned to a natural person who does not hold a Romanian CNP and must be identified in the Romanian tax system. The correct registration route depends on the person, the transaction and the reason Romanian fiscal identification is required.

Romanian NIF fiscal registration ecosystemAn animated visual showing identity, tax reason, Form 030 and ANAF registration around a Romanian NIF. ROMANIAN TAX ID • 2026 NIFROMANIA Identityperson without CNPTax reasontransaction or obligationForm 030correct registration routeANAFregistration certificate
A NIF connects a person without a Romanian CNP to a defined Romanian fiscal reason and ANAF record.

Short answer: the NIF, or număr de identificare fiscală, is the Romanian fiscal identifier used for a natural person who does not have a Romanian personal numerical code (CNP). It is obtained only when a Romanian tax or registration reason exists. A NIF does not itself create tax residence, immigration status, employment rights or a Romanian company.

What is a NIF code in Romania?

Under the Romanian fiscal-registration framework, a natural person who does not hold a CNP may be identified through a fiscal identification number assigned by the tax authority. In practice, this number is commonly called a Romanian NIF or Romanian tax identification number.

The governing framework includes Law no. 207/2015 on the Fiscal Procedure Code and the ANAF orders governing fiscal-registration forms. The NIF should be treated as an identifier within the tax administration system, not as a general identity document.

The decisive distinction is whether the person has a CNPThe current Form 030 is for natural persons who do not hold a Romanian CNP, except individuals carrying on independent economic activities or liberal professions, for whom a different registration route may apply. It is not a form reserved for non-EU citizens.

NIF, CNP, CIF and VAT number: what is the difference?

IdentifierWho or what it identifiesWhat it does not prove
NIFA natural person without a CNP who must be identified for Romanian fiscal purposes.It does not prove Romanian citizenship, residence, work authorisation or tax residence.
CNPA natural person to whom a Romanian personal numerical code has been assigned under the applicable civil or immigration framework.It does not automatically determine the person’s tax residence in a cross-border case.
CIF/CUIA company, organisation or another registered taxpayer or entity, depending on the legal context.It is not the personal NIF of a foreign shareholder or director.
VAT numberA person or entity registered for Romanian VAT under the applicable rules.A NIF does not automatically confer VAT registration.

Foreign founders should also distinguish their personal fiscal identification from the registration number of the Romanian company. The incorporation process is explained separately in our guides to company formation in Romania and starting a Romanian SRL in 2026.

Video guide: Romanian NIF code

A concise introduction to the Romanian tax identification number for foreign individuals and expats.

Who may need a Romanian NIF?

A foreign individual does not need a NIF merely because they visit Romania or communicate with a Romanian business. A concrete Romanian fiscal or registration relationship must be identified first. Depending on the facts, a NIF may be required or requested in connection with:

Romanian-source income

The person receives income that must be reported or administered in Romania and does not already have a CNP.

Property transaction

A non-resident becomes a party to a Romanian property transaction requiring fiscal identification.

Property ownership

The owner must be identified for Romanian tax records, local obligations or a later disposal.

Corporate involvement

A transaction, filing or tax record involving a foreign shareholder, director or beneficiary requires personal fiscal identification.

Bank or payer process

A Romanian credit institution or income payer is legally involved in the fiscal-registration route.

Other tax obligation

A specific Romanian tax rule requires the individual to be registered with ANAF.

These are categories for preliminary assessment, not automatic rules. For example, owning shares in a Romanian company and personally receiving Romanian-source income are different legal events. The relevant transaction and reporting obligation should be identified before a Form 030 file is prepared.

Avoid obtaining a number without defining its purposeA generic request may be delayed if the competent authority, registration reason, supporting documents or representative are not correctly identified. The starting question is not simply “Does a foreigner need a NIF?” but “Which Romanian legal or fiscal event requires this person to be registered?”

When is Form 030 used?

The current ANAF catalogue describes Form 030 as the fiscal-registration, amendment or deregistration declaration for natural persons who do not hold a CNP, other than persons carrying on independent economic activities or liberal professions. The form is governed by ANAF Order no. 2034/2022.

Before filing, use the official ANAF forms catalogue to confirm that the form and instructions have not been replaced. The official Form 030 PDF and instructions should be used rather than an older copy from an unofficial website.

Form 030 has three different functionsIt may be used for initial fiscal registration, for amendments to information already declared, or for deregistration after a CNP is assigned. The appropriate box and supporting information depend on the actual purpose of the filing.

Which documents are normally prepared?

The exact file depends on the applicant, the fiscal reason and who submits the declaration. A practical document review commonly considers:

  • the current Form 030, completed consistently with the supporting documents;
  • a valid passport, identity card or other accepted identity document;
  • the individual’s complete foreign domicile or address information;
  • the tax identification number in the state of residence, if one exists and is relevant to the form;
  • a document showing why Romanian fiscal identification is needed, where requested or useful for establishing the registration basis;
  • the power of attorney or other authority for the person or institution submitting the file;
  • Romanian translations and, where applicable, authentication, legalisation or apostille formalities; and
  • contact details and any additional information requested by the competent tax office.

A Romanian address is not universally required. A person applying under Form 030 may retain a foreign domicile, and the appropriate address evidence depends on the individual file and the tax office’s review. The document supporting the registration reason may be a transaction document, an income-related record or another document appropriate to the case.

How does the Romanian NIF registration process work?

Registration route

From the Romanian fiscal reason to the ANAF record

Romanian NIF registration routeA five-stage case file journey from the Romanian tax reason to the ANAF registration result. NIF REGISTRATION • CASE FILE JOURNEY ROMANIA • 2026 STEP 01Tax reasonDefine the Romanianregistration trigger STEP 02Correct routeCNP status • formcompetent authority STEP 03DocumentsIdentity • reasonauthority • translation STEP 04SubmissionRepresentative • payerbank • notarial route STEP 05ANAF resultFiscal record • NIFcertificate or query A defined fiscal reason leads to the correct filing route and a verified ANAF record.
Stage 01
Tax reason

Define the Romanian income, asset, transaction or obligation that creates the registration need.

The correct route begins with the fiscal reason, not with a generic request for a number. Select a stage to view its role in the file.
Confirm the registration triggerIdentify the income, asset, transaction, corporate event or statutory obligation that requires Romanian fiscal identification.
Check existing identifiersConfirm whether the individual already has a Romanian CNP or NIF and whether Form 030 is the appropriate route.
Identify the competent office and filerDetermine which ANAF office is competent and whether filing is made through an authorised representative, income payer, credit institution or another legally permitted route.
Prepare Form 030 and supporting recordsAlign names, addresses, identity data, foreign tax number, registration reason and authority documents.
Submit and answer queriesKeep proof of submission and respond if ANAF requests clarification, correction or additional documents.
Use and update the record correctlyUse the NIF for the relevant Romanian fiscal matters and submit amendments or deregistration when the legal conditions arise.

Can a lawyer or another representative obtain the NIF?

The Form 030 instructions contemplate filing through an authorised representative or other listed filer rather than treating the application as an unrestricted walk-in request by any person. The authority document and the representative’s capacity must therefore be checked carefully.

A Romanian lawyer may assist with identifying the correct route, preparing the form, reviewing foreign documents, arranging translations and communicating with the competent authority under an appropriate mandate. The scope of the mandate should match the required acts and document formalities.

For clients obtaining a NIF in connection with a company or investment, the fiscal-registration analysis may need to be coordinated with foreign-founder documentation, a Romanian business bank account or the relevant transaction documents.

Can a Romanian notary request fiscal registration?

Yes, in the circumstances covered by the specific procedure approved in 2025. The ANAF procedure for registration requested by public notaries applies where the notary needs the fiscal registration of a non-resident person who does not already have the required Romanian fiscal identifier.

Under that procedure, the notary transmits the required identity, address, foreign tax-number and transaction-reason information through the dedicated system. The competent tax authority checks whether the person is already registered and, if not, assigns the identifier and issues the registration certificate. The stated maximum of five working days applies to requests transmitted under this notarial procedure; it should not be presented as a universal deadline for every NIF application.

Property buyers should coordinate earlyIf a foreign buyer needs a NIF for a Romanian transaction, the lawyer, notary and tax-registration documents should be coordinated before the contractual deadline. Review our Romanian real estate due-diligence checklist and 2026 guide to buying property in Romania.

How long does it take to obtain a NIF?

There is no reliable universal promise of “a few days” for every application. Timing can depend on the filing route, competent office, completeness of the form, identity matching, translations, representative documents and whether ANAF requests clarification.

The special notarial procedure mentioned above provides a maximum five-working-day period for the tax authority to resolve the notary’s transmitted request. A conventional Form 030 file should be planned with a reasonable buffer rather than assuming that the same special deadline automatically applies.

Does a NIF make someone tax resident in Romania?

No. A NIF is an identification number. Romanian tax residence is a separate legal analysis based on the applicable domestic rules, facts and, where relevant, a double-taxation treaty. The number alone neither creates nor prevents Romanian tax residence.

A person who spends time in Romania, moves their centre of vital interests, earns Romanian-source income or maintains connections with several states may require a separate residence review. See our guide to Romanian tax residence and the ANAF materials on double-taxation conventions.

A NIF does not eliminate double taxationTreaty protection depends on residence, source, the type of income, beneficial ownership where relevant, supporting certificates and compliance with the applicable procedure. Merely holding a Romanian NIF does not resolve a treaty claim.

What happens if the person later receives a CNP?

Form 030 also covers deregistration following the assignment of a CNP. The tax record should be aligned so that the same person is not treated inconsistently under separate identifiers. The appropriate amendment or deregistration filing should be made with reference to the new CNP and the existing NIF record.

Changes to declared identity, domicile or contact information may also require an amendment. The correct response depends on the field that changed, the supporting document and the person’s current Romanian registration status.

Which NIF application mistakes cause delays?

  • using Form 030 solely because the applicant is foreign, without checking whether the person already has a CNP;
  • describing citizenship rather than the actual Romanian fiscal-registration reason;
  • using an outdated form or instructions copied from an unofficial source;
  • inconsistent spelling, name order, birth data or addresses across the passport, form and power of attorney;
  • omitting the foreign tax identifier when the form and facts require it;
  • assuming a general or informal authorisation is sufficient for representation;
  • submitting untranslated documents where Romanian translations are required;
  • confusing a NIF with tax residence, VAT registration, immigration status or company registration; and
  • assuming the five-day notarial timeline applies to every registration route.
Use the current official formANAF may update forms and administrative practice. Check the official form catalogue immediately before submission and confirm the competent authority and supporting documents for the particular case.

Need assistance with a Romanian NIF application?

Atrium Romanian Lawyers assists foreign individuals, investors and founders with Romanian fiscal-registration matters connected to property, companies, income and cross-border transactions. We can review the reason for registration, identify the appropriate route, prepare the documentation and coordinate the filing under an agreed legal mandate.

Frequently asked questions about the NIF code in Romania

Is the Romanian NIF only for non-EU citizens?

No. Form 030 is organised around whether a natural person has a Romanian CNP, not whether the person is an EU or non-EU citizen. The applicant must also have a Romanian fiscal-registration reason.

Can I apply for a NIF without travelling to Romania?

Remote handling may be possible through an authorised representative or another legally permitted filing route. The power of attorney, identity documents, translations and submission method must be checked for the specific case.

Does a Romanian NIF allow me to live or work in Romania?

No. A NIF is a fiscal identifier. Visas, residence permits and work authorisation follow separate immigration and employment rules.

Do I automatically need a NIF to own shares in a Romanian SRL?

Not every corporate role creates the same registration requirement. The incorporation, ownership, payment and reporting events should be reviewed to determine whether and when personal fiscal identification is needed.

Can a notary obtain the NIF for a property transaction?

A special procedure allows a Romanian public notary to request fiscal registration for a non-resident who lacks a Romanian fiscal identifier when this is required for the notarial matter. The transaction should be coordinated with the notary in advance.

Is Form 030 used if I already have a CNP?

Generally, Form 030 is intended for natural persons without a CNP. ANAF lists Form 020 for Romanian and foreign natural persons who hold a CNP, subject to the scope and exceptions stated in its instructions.

Does obtaining a NIF make me Romanian tax resident?

No. Tax residence depends on separate legal criteria and any applicable tax treaty. A fiscal identification number is not a tax-residence determination.

What should I do if I later receive a CNP?

The existing fiscal record should be aligned with the CNP. Form 030 includes a deregistration function following assignment of a CNP, but the correct filing and supporting documents should be confirmed for the individual record.

Legal information notice: This article provides general information about Romanian fiscal identification. The correct form, competent authority, documents and tax treatment depend on the person and transaction. Confirm the current ANAF requirements before filing.
AI Notice: AI-assisted content, reviewed and approved by a qualified Romanian lawyer.
+
Essential Documents for Foreign Founders Starting a Business in Romania

Essential Documents for Foreign Founders Starting a Business in Romania

Play

Essential Documents for Foreign Founders Starting a Business in Romania

What if the fastest way to launch a European business isn’t where you’d expect?

Romania’s streamlined corporate framework allows entrepreneurs to establish an SRL company in just three working days with current minimum capital requirements that have recently undergone significant changes in 2025.

A stack of official documents and forms on a desk.

But beneath this efficiency lies a critical question:

How can international investors avoid hidden pitfalls in documentation processes that could derail their ambitions?

Romania’s open-market policies permit full foreign ownership without local partnership mandates, creating attractive opportunities for global entrepreneurs.

However, the registration process demands precise adherence to legal standards.

Corporate filings must align with Trade Register specifications, including certified translations into Romanian or bilingual formats.

Strategic document preparation forms the backbone of successful incorporation.

Errors in paperwork often lead to delays, financial penalties, or rejected applications.

Professional legal guidance from lawyers in Romania ensures compliance with corporate law frameworks while maintaining operational legitimacy from day one.

Investors benefit from understanding how each document interacts with regulatory systems.

Properly structured articles of association, shareholder agreements, and notarized identification papers establish transparent governance structures.

These elements collectively safeguard business interests within Romania’s evolving economic landscape.

Key Takeaways

  • Romania permits 100% foreign-owned companies with fast 3-day Trade Register approval timelines,
  • Document preparation requires strict compliance with Romanian language standards,
  • Legal expertise minimizes risks of administrative delays or non-compliance penalties,
  • Corporate filings must align with Trade Register specifications for approval,
  • Precise paperwork establishes long-term operational legitimacy,
  • VAT rate increased to 21% in August 2025, with registration threshold at RON 395,000,
  • Minimum capital requirements are undergoing reform, with new tiered structure proposed.

Introduction to Business Registration in Romania

A businessman reviewing papers at a desk.

Romania’s economic landscape presents a compelling proposition for global enterprises seeking competitive positioning in Europe.

As an EU member state, the country serves as a strategic crossroads connecting major continental markets.

This geographic advantage, combined with progressive regulatory frameworks, creates fertile ground for sustainable business growth.

Overview of the Romanian Market

A group of diverse business people reviewing documents around a table.

The local market distinguishes itself through a growing pool of skilled workforce, particularly in technology and engineering sectors.

Romania produces approximately 18.6 STEM graduates per 1,000 people aged 20-29, though this remains below the EU average of 23.0.

The country is actively working to expand its technical education programs.

Operational costs remain 34-51% lower than Western European averages without compromising service quality, with Romanian developer salaries approximately 40% below comparable Western rates.

Infrastructure development continues accelerating across transportation and digital networks.

Modern highways connect major cities to EU trade routes, while digital coverage expands nationwide.

These advancements enable companies to maintain efficient supply chains and regional operations.

Benefits for Foreign Entrepreneurs

Several colorful flags are displayed on a desk next to business papers.

Romania offers foreign investors streamlined processes through recent legal reforms.

The elimination of redundant permits and digital filing systems reduces Trade Register approval to approximately three working days.

EU membership guarantees alignment with continental standards while preserving local cost advantages.

Investors benefit from tax incentives for research-driven business initiatives and export-oriented activities.

Cultural adaptability further enhances market entry, with English widely spoken in professional environments.

These factors position the country as an attractive destination for scalable international ventures.

Why Start a Business in Romania?

A close-up of a business plan document with charts and graphs.

Romania’s tax and regulatory systems create a unique value proposition for commercial ventures targeting European markets.

Strategic fiscal policies combine with progressive legislative changes to support both startups and established enterprises.

Attractive Tax Environment

A smiling business person holding a briefcase and standing in front of a modern office building.

The country maintains one of Europe’s most competitive tax frameworks, though recent changes require careful attention.

Microenterprises benefit from a 1% revenue tax when employing at least one worker and earning up to €60,000 annually.

For revenues above €60,000 or for specific sectors like IT services (CAEN codes 6210, 6290) and restaurants, a 3% rate applies.

Traditional corporations face a flat 16% profit tax.

Tax TypeRateConditions
Microenterprise1%Revenue under €60K with 1+ employee
Microenterprise3%Revenue €60K-€250K (€100K from 2026) or IT/restaurant activities
Corporate Profit16%Standard companies
Dividends10%Increased from 8% in January 2025
Standard VAT21%Increased from 19% in August 2025
Reduced VAT11%Consolidated rate from August 2025

Favorable Legal Reforms

Recent legislative updates streamline operations for international investors.

Digital registration systems cut Trade Register processing times to 3 working days, while revised thresholds for micro-tax status continue until 2026, though the revenue limit decreases from €250,000 to €100,000 starting January 2026.

Enhanced transparency measures reduce bureaucratic hurdles.

Special support programs assist startups in navigating compliance requirements, ensuring smooth market entry.

However, investors must stay updated on frequent tax law changes, including the August 2025 VAT increase from 19% to 21%.

Understanding Legal Structures for Foreign Founders

Selecting the optimal legal framework forms the cornerstone of successful business operations.

Romania offers multiple corporate formats, each aligning with specific operational scales and strategic objectives.

Three primary options dominate commercial registrations, balancing legal safeguards with administrative practicality.

Limited Liability Company (SRL)

An open laptop displaying a business registration website.

The Societate cu Răspundere Limitată (SRL) remains the preferred choice for most ventures.

This structure provides limited liability protection, shielding personal assets from business debts.

Requirements include:

  • 1–50 shareholders
  • Minimum share capital currently ranges from RON 1 to RON 200 (sources vary), with a new tiered proposal for 2025-2026: RON 500 for new companies, increasing to RON 5,000 for revenues between RON 395,000-7 million, and RON 90,000 for revenues exceeding RON 7 million,
  • Simplified management structures.

Governance flexibility allows swift decision-making, ideal for small-to-medium enterprises. Annual reporting obligations remain manageable compared to complex entities.

StructureShareholdersCurrent CapitalProposed Capital (2025-2026)Best For
SRL1–50RON 1-200RON 500-90,000 (tiered)Startups/SMEs
SAUnlimitedRON 90,000RON 90,000 (€25,000)Large enterprises

 

Joint-Stock Company (SA) and Other Options

A group of diverse people discussing papers around a table.

The Societate pe Acțiuni (SA) suits ventures planning IPOs or major investments.

Key features include:

  • Minimum capital: RON 90,000 (approximately €25,000),
  • Public share trading capability,
  • Formal governance requirements.

Alternative structures like branches or partnerships serve niche scenarios.

Professional guidance ensures alignment between legal frameworks and long-term growth strategies, particularly given the evolving minimum capital requirements.

Required Documents for Foreign Founders in Romania

A person holding a passport and a business plan.

Navigating corporate registration demands meticulous attention to foundational paperwork.

Seven core submissions form the basis of compliant filings, supported by supplementary materials that address cross-border complexities.

The application form and tax annex require detailed operational data, including management structures and activity codes.

Identity verification for administrators ( directors) necessitates certified copies of passports or national IDs, translated into Romanian by authorized professionals.

Shareholder affidavits confirm tax status for individuals lacking local fiscal identification.

These declarations prevent delays during fiscal authority reviews.

Articles of Association drafted in Romanian establish governance protocols, requiring alignment with national corporate law frameworks.

Proof of registered office ranges from property deeds to virtual office contracts, validating a physical business address.

Beneficial ownership disclosures meet EU anti-money laundering directives, tracing control chains for transparency.

Optional apostille certifications authenticate foreign-signed documents.

While not mandatory, these additions streamline verification processes across jurisdictions.

Professional legal review ensures technical accuracy before Trade Register submission, particularly important given recent regulatory changes.

Preparing Your Articles of Association and Registered Office

A person is typing on a laptop with documents spread out on a table.

The foundation of a compliant Romanian enterprise lies in two critical components: constitutional documents and physical establishment.

These elements define operational boundaries while meeting legal obligations under national corporate frameworks.

Drafting the Articles of Association

A person reviews a document with a focused expression while sitting at a table.

Articles of Association act as a company’s operational blueprint.

This legally binding document must specify shareholder voting rights, capital distribution models, and decision-making hierarchies.

Romanian law mandates inclusion of NACE codes to classify business activities accurately.

Management roles require precise definitions of authority limits and appointment procedures.

Provisions for General Meetings must outline resolution processes and quorum requirements.

Legal professionals recommend embedding flexibility clauses to accommodate future growth scenarios, including provisions for the new tiered minimum capital requirements expected to phase in through 2026.

Establishing a Proof of Registered Office

All entities must maintain a verifiable registered office within Romania.

Valid proof includes notarized lease agreements or property ownership documents.

Virtual office contracts have gained traction for cost efficiency while fulfilling legal address requirements.

Service providers offering virtual solutions must issue compliance certificates recognized by the Trade Register.

Physical locations require utility bills or municipal confirmations.

Consistent address details across all filings prevent administrative delays during registration.

Steps in the Company Registration Process

A person filling out forms with a pen.

Establishing a corporate entity in Romania follows a precise sequence of regulatory actions.

This systematic approach ensures compliance while maintaining operational efficiency for new market entrants.

Name Reservation and Document Filing

The initial company name reservation occurs through the National Trade Register Office (ONRC) portal.

This free digital service verifies name availability against existing registrations within minutes.

Approved reservations remain valid for 30 calendar days, creating urgency for subsequent filings.

Document preparation requires alignment with ONRC specifications.

Essential materials include translated identification papers and notarized corporate agreements.

Submissions can occur physically at regional offices or digitally using qualified electronic signatures.

Processing with the Trade Register

Officials typically complete company registration reviews within three working days for the Trade Register approval.

This period allows thorough verification of statutory documents and legal compliance checks.

Delays usually stem from incomplete filings or translation discrepancies.

Successful applicants receive three critical identifiers: the Certificate of Incorporation, CUI tax code, and Certificat Constatator.

These enable immediate banking operations and contractual engagements across Romania.

Note that while Trade Register approval is fast, the complete registration process including VAT registration and full operational readiness typically takes 7-10 working days.

Navigating Tax and VAT Registration in Romania

An open laptop displaying a tax registration website with a cup of coffee nearby.

Understanding fiscal obligations marks a critical phase for enterprises establishing operations in emerging markets.

Romania’s integrated tax system combines automatic corporate registration with strategic VAT options, creating adaptable frameworks for diverse commercial needs.

Corporate and Microenterprise Tax Details

Newly registered companies receive tax IDs during incorporation, enabling immediate financial operations.

Important Update for 2025-2026:

Microenterprises benefit from preferential tax rates when maintaining at least one employee:

  • 1% tax rate on revenue up to €60,000
  • 3% tax rate on revenue from €60,000 to €250,000 (2025) or €100,000 (from January 2026)

Special activities including IT services (CAEN codes 6210, 6290), restaurants, and mobile food services are subject to the 3% rate regardless of revenue level.

Standard corporate tax applies at 16% for profits when companies exceed micro-company thresholds or don’t qualify for the regime.

The dividend withholding tax increased to 10% as of January 1, 2025 (previously 8%) for all recipients.

VAT Registration Requirements

Critical 2025 Updates:

Businesses must register for VAT when exceeding RON 395,000 annual turnover (effective September 1, 2025, increased from RON 300,000).

The standard VAT rate is 21% (increased from 19% in August 2025), with a consolidated reduced rate of 11% replacing the previous 5% and 9% rates.

Voluntary VAT registration remains available for smaller enterprises seeking input tax recovery.

Sector-specific rules apply, with businesses engaged in EU trade requiring VAT registration regardless of turnover thresholds.

FAQ

What legal structure is most common for foreign entrepreneurs in Romania?

The limited liability company (SRL) is preferred due to its flexibility and simplified compliance requirements.

Current minimum share capital varies between RON 1-200, with a new tiered proposal being implemented: RON 500 for new companies, increasing based on revenue thresholds to RON 5,000 (for revenues RON 395,000-7 million) and RON 90,000 (for revenues exceeding RON 7 million).

It allows full foreign ownership and limits liability to invested capital.

How does Romania’s tax environment benefit startups?

Romania offers a 16% corporate tax rate, one of the lowest in the EU.

Microenterprises with at least one employee pay only 1% on turnover up to €60,000 and 3% from €60,000 to €250,000 (reducing to €100,000 threshold from January 2026), making it ideal for early-stage businesses.

However, IT services and certain other sectors pay 3% regardless of revenue level.

Can a virtual office serve as proof of registered office?

Yes, foreign founders can use virtual office services compliant with Romanian law.

The address must be verifiable and included in the Articles of Association during company registration.

What are the VAT registration requirements for new businesses?

Updated for 2025: Companies must register for VAT if annual turnover exceeds RON 395,000 (effective September 1, 2025).

The standard VAT rate is 21% (increased from 19% in August 2025), with a reduced rate of 11%.

Voluntary registration is permitted, allowing input tax recovery.

Non-EU businesses require a fiscal representative for compliance.

How long does the company registration process take?

The Trade Register approval typically takes 3 business days with complete documentation.

However, the full registration process including VAT registration and complete operational setup takes 7-10 working days.

Delays often arise from incomplete documents or translation issues.

Are foreign shareholders required to visit Romania during incorporation?

No. A local lawyer can handle filings via power of attorney.

Notarized documents and apostilled/legalized identification (e.g., passports) must be submitted electronically or by courier.

What post-registration obligations apply to Romanian companies?

Firms must file annual financial statements, maintain accounting records, and submit monthly/quarterly tax declarations.

Important: As of 2025, the dividend tax is 10% (increased from 8%).

Companies must monitor the microenterprise revenue threshold, which decreases from €250,000 to €100,000 on January 1, 2026.

Hiring employees triggers additional labor law and social security compliance.

What are the current VAT rates in Romania?

Updated August 2025: The standard VAT rate is 21% (increased from 19%), and the reduced rate is 11% (consolidating the previous 5% and 9% rates).

These changes took effect August 1, 2025.

What documents are required to register a company in Romania as a foreigner?

To register a company in Romania, foreigners need to prepare and submit several necessary documents.

These include identification documents such as a valid passport, proof of address in Romania, and incorporation documents specific to the type of business structure chosen, whether it be a joint stock company or a limited liability company (SRL).

Additionally, an application for registration must be completed, and the unique company name must be verified through the trade registry.

How does the company registration process work for foreign entrepreneurs?

The company registration process for foreign entrepreneurs in Romania involves several key steps.

First, you must select a business structure and prepare the necessary documents.

Then, you will need to submit these documents to the trade registry for approval.

Following this, you will need to register your business office in Romania and meet the minimum share capital requirement.

Finally, once all documents are approved and the company is registered, you will receive a registration certificate, allowing you to start your business operations in Romania.

What are the benefits of starting a business in Romania as a foreigner?

Starting a business in Romania offers numerous benefits for foreign entrepreneurs.

Romania is situated in a strategic location within the European Union, providing access to a vast market.

The business environment is continually improving, with various incentives for foreign investment.

Additionally, the country offers a range of business structures available, allowing entrepreneurs to select the type of company that best fits their business needs.

This makes Romania an attractive destination for foreign founders looking to expand their operations in Europe.