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Business Formation
A foreign company can be sole shareholder (if LLC) or the foreign company can be shareholder together with at least one other shareholder which can be legal entity or private person (if joint stock company).
The most common way to start a business in Romania is by registering a LLC – meaning Limited Liability Company (ro: Societate cu raspundere limitata – SRL). Companies in Romania can also take the form of partnerships and joint stock companies, which are commonly incorporated in this country. Depending on the nature of the activity developed here, these companies that can also be liable for the payment of VAT in Romania.
Price: 600 EUR
What does the procedure for setting up an LLC company by the classic method (from the office) include?
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Drafting the articles of association of the company and the state Company name reservation Writing administrator / associate statements
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Legalization of documents
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Submission of documents to the Trade Register the registration certificate
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Registration of the company for VAT purposes and in the
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Register of Intra-Community
Operators Trade register taxes are not included! Also the notary fees and share capital are additional costs.
