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

You can start setting up a Romanian company online by contacting IEC Law Firm.

Does a Romanian company require a certain shareholder structure?

A S.R.L. (a Romanian Limited Liability Company) can have a maximum number of 50 shareholders and is also able to have a sole shareholder of any nationality.

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

First of all you should go online and compare your deal with similar offers (click here to find useful links). Also you should probably contact a lawyer to start a due diligence procedure and offer you some "inside" information on prices and actual situation.

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

You can start by reading our article or "Recruiting Romanian Personnel".

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

You will have incorporate a Romanian company (which will also save you paying VAT for the transaction). Then you will have to cover the Public Notary fee, tax to the State and the costs for getting representation from a lawyer if you feel you need to have some legal protection.

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

You should know that purchasing land in Romania implies a some important prior verifications to be sure you not getting some attached problems especially if you looking to develop or sell to a developer later on. To get an idea on what you should keep an eye out for read this article.

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

You have 3 choices: buy, rent or hire a lawyer who is willing to offer you a registered office. You won't find any decent apartment to rent for less than 300 Euros/month (in Bucharest). A lawyer will able to offer you this service for a few hundred Euros/year.

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

Yes, any person will be able to sign in your name in front of a Romanian Public Notary by using an apostilled Power of Attorney.

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

Yes that is possible by using a Power of Attorney if you are a foreigner, or if representing a foreign or Romanian entity.

 

 

 

 

 

 

 

 

 

 

 

 




» 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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