VAT Registration
Part of our Romania company formation service is to register your company for VAT.
Romania is a vibrant newcomer to the European Union with a target date of 2024 to adopt the Euro as its official currency. It has a highly advantageous tax regime with a fixed 16% corporate tax rate (amongst the lowest in Europe). Romania, which has a rich and diverse history, has undertaken numerous effective steps to bring its country fully into the Eurozone, including the development of the private sector and modernization of its banking and tax systems to bring them up to par with world-class standards.
Our all-inclusive Romanian company formation package provides you with all you need to incorporate and run a company in Romania, including a bank account, VAT registration and a registered office for twelve months.
Foreign investment into Romania is sharply on the rise. The country is politically and economically stable, and its tax regime has been overhauled with numerous improvements, such as the reduction of corporate taxes to 16%. This corporate tax goes down to a mere 5% for nightclubs and gambling institutions, and as low as 1% for so-called “micro-companies”.
Part of our Romania company formation service is to register your company for VAT.
Our company formation service includes power of attorney in order to be able to handle any legal matters on your behalf.
We will give you a physical registered address in Bucharest, Romania.
No matter what you need, our one-stop-shop will get you doing business in Romania in no time.
The most common types of company are:
Limited liability company (SRL)
Joint-stock company (SA)
As with almost all other EU countries, there are also:
Partnerships
Branches or subsidiaries
At Start My Business, we offer packages for the Romanian Limited Liability Company (SRL).
Romania generally has a fixed rate of 10% for personal income tax. Withholding taxes on dividends are also extremely low for residents.
If the company has less than 50 shareholders, then the initial share capital is only €50.
The administrative and reporting requirements are comparatively low.
Romania has numerous tax breaks and incentives available for foreign investors, such as:
Tax exemption for reinvested profits
R&D incentives (including exemption from profit tax for taxpayers engaged solely in R&D and innovative activities)
Education tax incentives (expenses for certain types of professional studies are deductible from profits)
And others
See our step by step process once you purchase this item.
How it WorksWe provide everything you need to form an “SRL” company in Romania so that you can start operating your new business as fast as possible.
We will have your Romania-based company ready for you in as little as 12 days.
Our team of company formation experts will advise you on anything and everything you need to properly incorporate your Romanian company.
“The corporate taxes for my Romania company are negligible as a result of my business qualifying as a “micro-company”. Thanks to Start My Business for registering my business in Romania.”
“Using the physical office add-on, I was able to save quite a small fortune compared to having to physically move to Bucharest. Thanks, Start My Business!”
“The Start My Business team managed to get my Romanian-based business up and running in no time without any complications. Thank you so much!”
Simply add the product you need to your shopping cart and then check it out to start your Romanian company formation process.
We will send you some simple questions for you to fill in so that we can properly set up your new company in Romania.
Let us do the work to set up your Romanian company. This will include a really quick and easy identity check where you’ll need your ID or passport to hand.
Once your company has been formed, you can officially start doing business in Romania!