Company Registrations In Romania
Company Registrations In Romania
Romania shares a border with Hungary and Serbia to the west, Ukraine and Moldova to the northeast and east, and Bulgaria to the south. Romania is an upper middle-income country and is a member of the European Union. Both foreign individuals and legal entities can establish corporate presence in Romania. Licensehub.in can provide an efficient and professional company formation service for incorporating a company in Romania.
Setting up a Romanian Limited Liability Company (S.R.L.) – what are the main features and requirements?
FEATURES
- You will need to sign a declaration in front of a Notary public in your place of residence.
- No visit required for bank (Power of Attorney is sufficient)
- The company registration number is the same as the tax and VAT number.
- Minimum registered capital: currently 200.00 lei (about EUR 60);
- Maximum number of shareholders, natural or legal persons is 50 or more directors which may have full/limited power and may be Romanian or foreign citizens
- Nominal value of a share cannot be less than 10 lei RON.
REQUIREMENTS
- To obtain a VAT number in Romania, you will need to have the following: a) the company should have its own main or secondary headquarters; b) none of the directors and/or shareholders of the Romanian company can have criminal records; c) successful result of a physical verification of the company’s main or secondary headquarters on whether the company’s activity can take place at those premises; d) special evaluation based on the information provided by the Romanian company
- Accountant must be appointed to handle monthly accounting and compliance
- Minimum registered capital: currently 25,000 EUR
- At least 30% of the subscribed share capital, or 100% in respect of contributions in kind must be immediately contributed upon formation of the company and all subscribed share capital must be fully paid within 12 months of formation
- Minimum of 5 shareholders
- Minimum nominal value of one share is 1000 lei
- General partnership – SNC
- Limited partnership – SCS
- Partnership limited by shares – SCA
- Branches
- Subsidiaries
- Internet banking/remote access
- Multi currency accounts
- Debit/credit cards
- Low transaction fees
- Registered/virtual office services in Romania
- bank account introduction
- Accounting/payroll services in Romania
- Licencing requirements in Romania
- Warehouse/premises identification in Romania
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FAQs For Private Limited Company Registration
The name should be unique, catchy and it must have a related meaning to you. the name of Company should also relate business Activity of the Company, however, any name may be prefer for register of a Private Limited Company subject to propose name has not already been taken by someone else. It may note that the name of the Company must also be legal as per the provisions of the Companies Act, 2013 and rules made thereunder.
Yes, It is mandatory to have at least two Directors and two members (both can be same) to register Private Limited Company in India. One Director must be resident of India.
It is not entirely correct, although there is no government fee to register a Private Company but there is always required to pay stamp duty to register a Company in India which vary from state to state.
Director identification number (DIN) is unique identification number allotted by registrar of Companies (ROC) to the person willing to be Director of a Company. Digital Signature Certificate (DSC) is a digital sign which are required to signed forms to be filed with MCA or ROC.
No, you are not required to have a proper office since a Company can be register at your residential address, it only required an address proof like utility bill, gas bill, telephone bill or water bill.
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