Romania is emerging as one of the most attractive destinations for global entrepreneurs and investors.
With its booming economy, strategic location, and business-friendly policies, the country is becoming a gateway for companies looking to expand into Europe. If you’re considering starting a business in Romania, this guide will walk you through the essentials of company registration in Romania and explain why YKG Global, a trusted consulting firm since 1981, is your perfect partner in the process.
Why Choose Romania for Your Business?
1. Strategic Location
Located at the crossroads of Central and Eastern Europe, Romania offers unparalleled access to the European market. It’s part of the European Union, allowing businesses to trade freely across member states and benefit from the single market.
2. Economic Growth
Romania’s GDP has seen consistent growth over the years, making it one of the fastest-growing economies in the EU. Its low corporate tax rate of 16% and attractive incentives for foreign investors make it a lucrative destination for businesses.
3. Skilled Workforce
The country boasts a highly educated and multilingual workforce, making it easier for companies to find skilled employees. This is especially beneficial for tech and manufacturing industries.
Steps to Company Registration in Romania
Setting up a business in Romania involves several key steps. With YKG Global, the process becomes seamless and hassle-free:
Step 1: Choose a Business Structure
Romania offers several types of business entities, including:
Limited Liability Company (SRL)
Joint Stock Company (SA)
Branch or Representative Office
The SRL is the most popular choice for foreign investors due to its flexibility and low capital requirements.
Step 2: Register the Company Name
The first official step in company registration in Romania is selecting a unique business name and reserving it with the Romanian Trade Register.
Step 3: Prepare the Necessary Documents
You will need:
Articles of Incorporation
Shareholder details
Proof of registered office
Bank deposit proof for share capital (minimum 200 RON for an SRL)
Step 4: Submit to the Trade Register
Once all documents are ready, submit them to the Romanian Trade Register. Approval typically takes a few days.
Step 5: Obtain Tax Registration
Your business must register for a tax identification number and VAT if applicable. This step ensures compliance with Romania’s tax laws.
How YKG Global Simplifies the Process
Since 1981, YKG Global has been a trusted partner for businesses worldwide. Our services for company registration in Romania include:
Business name reservation and verification
Preparation and submission of all necessary documents
Assistance with tax and VAT registration
Legal compliance and advisory services
With our deep expertise and global network, we ensure a smooth and efficient registration process, allowing you to focus on growing your business.
Why Act Now?
Romania’s business landscape is ripe with opportunities, and early movers stand to gain the most. Whether you’re looking to expand an existing venture or start a new one, the time to invest in Romania is now.
Ready to Get Started?
Contact YKG Global today and let us guide you through the company registration process in Romania. With over 40 years of experience, we’re here to make your business aspirations a reality!
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