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We will answer any question you might have about business-related matters in Romania. For example: "I need a Romanian accounting company. Any suggestions?" or "Which Romanian banks have the best Internet banking systems"? etc. Send us a quick email to theromanianclub@yahoo.com
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REAL ESTATE

TAXATION

LEGISLATION

INVESTMENTS

RECRUITING

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Property Abroad - Romanian Property

American Chamber of Commerce in Romania

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Romania Business Travel Guide

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We provide FREE information about the Romanian Business world

The Virtual Business Club TheRomanianClub.com was created as a response to the lack of free information about the Romanian business world. We offer for FREE:

1. Recommendations of Romanian-based companies for specific areas;

2. Articles and general information in areas like Romanian real estate, taxation, Romanian Law, general advice for business setup in Romania etc. If we can't help directly we recommend someone who can.

3. Online answers to common questions for foreign investors in Romania.

Romanian Real Estate

Q: Where do I find a Romanian property or a Romanian real estate agent online?

A: A few examples: www.dreaminvesthome.com, www.property-abroad.com, realestate.ro-imobile.ro.

Q: Can I buy Romanian property as a foreigner?

A: Just read article at the link below:

http://www.romanianlawoffice.com/purchase-romanian-property.htm

Q: What taxes do I have to pay if I purchase property in Romania?

A: You would have to take into account the tax to the Romanian State, Public Notary Fee and eventually VAT depending on whether you are buying directly or through a Romanian company.

 

Taxation

Q: How much is VAT tax in Romania?

A: 19%.

Q: I want to start a business in Romania. How much is taxation?

A: Romania has a unique 16% tax of the reported profit.

Q: Is hiring an accountant necessary if starting a Romanian business?

A: Yes. Even if opening a Romanian company for limited purposes (such as buying real estate) you will have to consider hiring an accountant at least for semmestrial reports to the Tax Authority.

 

Legislation

Q: Can I contact Romanian lawyers online?

A: www.RomanianLawOffice.com

Q: Where can I find official information about Romanian lawyers?

A: Each major city has its own Bar with its own website which contains a database of registered attorneys. E.g. for Bucharest: www.baroul-bucuresti.ro.

Q: I already have a company outside Romania and I want to expand to Romania? What choices do I have?

A: What you first have to figure out is whether you just need a representative office (a branch without legal personality) or an independent company (with shares owned by your existing company).

  
  
 
 

» Recommended

Ionita, Enescu & Cuc

Law Firm in Bucharest, Romania: Commercial & Real Estate; Romanian company setup.

 
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Answers to common questions
Who can help me incorporate a company in Romania?

Does a Romanian company require a certain shareholder structure?

I want to purchase a property in Romania. What ways are there to find out if it's a good deal or not?

I want to start a new business in Romania. How can I find out more info on salaries and similar costs?

I am purchasing an off-plan apartment in Bucharest. What costs am I looking at?

I am looking to purchase Romanian land for future development. Any advice?

I need a Romanian address for my Romanian company. What costs am I looking at?

Is it possible to purchase property in Romania through a representative?

Can I open a bank account in Romania without being present in the country?

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