• Camera Europeană de Comerț, Industrie și Franciza

Successfully investing in Romania

investing-in-romania-CECIF
Setting up Romanian companies

Moving your business in Romania

Immigrate to Romania via company formation

If you are a non-EU citizen and wish to move to Romania, you can do it legally with our help, by establishing a business here.

Why Romania?

No transfer taxes for companies for the transfer of property and more...

Invest in Romania

Romania, a key member of the European Union is a country located at the crossroads of southeastern and central Europe. It is situated on the northern regions of the historically important place, the Balkan Province bordering the black sea. Romania shares borders with Hungary, Ukraine and Moldova to the north, while Serbia and Bulgaria are roughly to the south. Its geography encompasses the beaches on its eastern shores and the Carpathian Mountains, which give way to rolling hills, forests, farmlands and rustic villages in the towering shadow of a gothic castle.

With 238,391 square kilometers (approximately) of land area, Romania is one of the largest (ranked 9th) countries in the European Union. Romania also is known for its dense population. It is the seventh largest populated countries in the European Union, about 21.5 million inhabitants residing in the country. Bucharest, the capital city of Romania is also the largest city in the country. It is also the 6th largest city in the European Union both in terms of its size and residents residing in there (about 2 million people live in the country).

Planning expansion in Romania?

We are already here to support you!

We have been present in Romania since 2006, offering a wide range of services including legal services, accounting, HR and payroll functions, tax and compliance consulting, obtaining European grants and business franchises. Through our boutique approach, we can help you build your presence in Romania from scratch or we can support you in developing your existing business.

Why Romania?

  • No transfer taxes for companies for the transfer of property
  • GDP growth of 4.1%
  • Rich natural resources, including oil and gas and geothermal energy

Expanding in the CEE region?

Our offer includes a variety of integrated services for pan-regional groups in CEE, such as:

  • Single point of contact, including dedicated account manager and team to facilitate cooperation across CECIF offices
  • Harmonization of VAT compliance processes and one-stop shop for settlement of VAT in the CEE-5
  • One-time reporting system, ncluding unified management reporting and HR & payroll reporting.
  • Centralized payment process management services. Pan-regional tax team capable of dealing with cross-border transfer-pricing projects and accounting software localization
  • Interfaces and integration developed for most accounting and reporting software. Knowledge-sharing tools and procedures ensuring time efficiency
  • In-house developed accounting data warehouse, connected with local accounting software.
Are you looking for a professional approach and quality services?

Remotely setting up Romanian companies for EUR 400 in 3 days

Moving your business in Romania is great, because you can pay as low as 1% corporate tax and 5% dividend tax for your Romanian LLC, being one of the lowest taxes in the European Union.

With hundreds of companies established on behalf of our foreign clients, we offer the fastest and simplest option to set up Romanian companies at the lowest fees. Moreover, this will be done by lawyers and professional legal advisers, licensed in Romania to carry out a business.

TWe will also take care of the company's mail correspondence which will be forwarded to you, in case you opt for hosting the company address at our lawyer's premises. Because we are legal advisors and lawyers, we do not need a notary public during the formation of the company.

The whole process will be carried out via e-mail.

We will draft all the necessary documentation, in bilingual Romanian-English so that you understand everything. You will only need to sign such documents via e-mail and soon your company will be up and running.

It can't get simpler than that.

Your reasons may vary, however it is important to note that under certain conditions, a Romanian LLC, for example, may be eligible to pay as low as 1% corporate tax and 5% dividend tax.:

  • Is my presence in Romania required?

    No, your presence in Romania is not required. We will form the company remotely, in your absence.

  • Is a notary public required?

    No, there is no notary public required. Because we are lawyers, we are licensed to certify the documents which otherwise are required to be notarized. Thus everything is easier and faster, since you don't have to leave your computer to go to a notary public.

  • What documents do you need to establish a Romanian company?

    You will only need to send us a copy of your ID card or passport and fill in a short questionnaire with information required by the Trade Registry. Please contact us below and we will revert with such questionnaire in no time.

  • How long does it take to establish a Romanian company?

    If all goes smooth, it takes around 3 days from the moment we have all documents prepared.

We offer complete services regarding your business, from the setting up of the the company, up to its management and administration, as trustees, applying the highest management standards.

By providing these services you no longer have to worry about running your business. We will deal with everything: registering the company, renting a registered company address, ensuring that it fully complies with the legislation in force, that it holds all authorizations and documents required by law and duly declares and pays all its tax obligations.

These services are ideal if you do not live or rarely come to Romania, thus needing a team of experts to professionally ensure that your business runs smoothly, fully respecting the laws and within the mandate granted by you.

Immigrate to Romania via company formation

If you are a non-EU citizen and wish to move to Romania, you can do it legally with our help, by establishing a business here.

As a bonus, you will end up not only with a residence permit in Romania, but also with a functioning company, so that you can start your business in Romania without any delay.

By having a Romanian company you can easily do business with any other EU company or offer services to EU citizens, not only from Romania, without paying any custom duties. Moreover, the taxes you have to pay are very low for a Romanian company, as low as 1% corporate tax and 5% dividend tax.

By having a Romanian residence permit and a functioning Romanian company, you can live your european dream.

Don't worry, we will assist you through the whole process. You will only need to sign the documents we will send.

It can't get simpler than that.

  • These are residence documents in Romania.
  • They contain a personal numerical code number (CNP) to be further used for tax and social security purposes.
  • They are granted by the Romanian authorities:
    • According to the purpose of stay in Romania (for local employment / assignment / family reunification / study etc.).
    • On the basis of a long-stay D-type visa previously obtained, where this is required for initial entry.
  • Granted to foreign nationals typically on the basis of a long-stay D-type visa.
  • Issued within 30-45 days of the application and valid for up to 12 months, extendable.
  • Mandatory if the stay in Romania exceeds 90 days within a 6-month period.
     

According to the nationality of the individual, the Romanian authorities can issue the following types of residence document:

Single Permits

  • Identification documents attesting the foreigner’s right to reside and work in Romania.
  • Granted to foreign nationals typically on the basis of a long-stay D-type visa for local employment / for assignment.
  • Issued within 30-45 days of the application and valid for up to 12 months, Extendable.

ICT Permit

  • Granted to a foreign individual who is an ICT worker, and who is transferred within the same company.
  • Valid for the duration of the transfer but no longer than 3 years for managers and specialists and one year for trainee employees.

Registration Certificates

  • Granted to EU/EEA/Swiss nationals.
  • Issued within 1 day of application and valid for up to 5 years, extendable.
  • Typically required for a stay in Romania exceeding 3 months.

Residence Cards

  • Granted to foreign individuals who are family members of an EU/ EEA/Swiss/Romanian national. 
  • Issued within 90 days of application and valid for up to 5 years, extendable.
  • Mandatory if the stay in Romania exceeds 90 days within a 6- month period.

EU Blue Cards

  • Granted to foreign individuals who are highly-skilled employees who conclude local employment contracts.
  • Monthly salary of at least 2 average gross monthly salaries.
  • Valid for up to 2 years, depending of the validity of the employment contract.
  • After an 18-month legal stay in an EU Member State, the foreign individual can move to another EU Member State to occupy a highly- skilled position.
  • Granted to foreign nationals typically with 5-year validity or 10-year validity, in the case of EU/EEA/Swiss nationals.
  • To be eligible to obtain a long-term right of residence in Romania, the foreign national or EU/EEA/Swiss national must have had an uninterrupted and legal stay in Romania for the previous 5 years based on Romanian temporary residence documents.
  • Foreign nationals must have knowledge of the Romanian language - conversational level.

FAMILY REUNIFICATION

Non-EU Dependents. Spouses and children should obtain Romanian immigration documents for family reunification (i.e. special approvals from the General Inspectorate for Immigration, long-stay D-type visas, residence permits), if accompanying the foreign national during his/her long-stay in Romania.
Children are required to obtain a residence permit, irrespective of their age.
Family reunification procedures can be initiated once the foreign national obtains his/her Romanian residence permit / EU Blue. Card (The residence permit should be valid for at least 1 year). Family members of some nationals can enter Romania together with the main applicant. Requirements must be reviewed individually as per each case. Marriage and birth certificates with either the Hague Convention Apostille or over-legalisation stamps, as appropriate, are required for family member applications.
 
EU Dependents. EU nationals may travel freely to Romania, but are required to register their residence in the country. Registration is processed based on a marriage certificate for a spouse and birth certificates for children, bearing either the Hague Convention Apostille or over-legalisation stamps, as appropriate.
 
Are you looking for a professional approach and quality services?