Romania Company Formation
OFFSHORE COMPANY FORMATION
Romania
INCORPORATION DATASHEET
Method of incorporation / registration:The Memorandum and Articles of Association must be signed by the member(s) of the company. The company documents must be in Romanian. Declaration must be signed in person before Notary Public in Romania
Company form:Private Limited Liability Company / S.R.L. (SOCIETATE RASPUNDERE LIMITATA)
Source of corporate legislation:Ordinance 32/1997 amending & completing Law 31/1990, Law 195/1997 approving Emergency Ordinance 32/1997
Possible suffixes to company name:S.R.L. / SOCIETATE RASPUNDERE LIMITATA
Restrictions on company name:The word Romania may not appear in the company name
Time required for incorporation:1-4 weeks
Number of directors:Minimum 1 of any nationality. Corporate directors are also permitted
Number of members:Minimum 1, maximum 50
Capitalisation:Minimum 200 RON (approx. 60 EUR)
Accounting / reporting:Annual financial statements must be produced. VAT and social security returns must be filed monthly
Type of shares:Registered
Annual tax and duties:16% of net profit
Information publicly available:Details of members and directors
Registered Office:Local registered office suitable for the main activity of the company is required by law
Registered Secretary/Agent:Not required
Double tax treaty:Romania has an extensive network of DTTs.

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Romania Company Formation

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