VAT in Romania

The Value Added Tax for Real Estate purchases in Romania has until very recently been a flat 24% applied to all transactions regardless of any other details. However the respective stipulations of the Romanian Fiscal Code have been changed through OUG 200/2008, which has now been in effect since December…
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Paying Taxes in Romania

The requirement to keep a “Shareholder Registry”Law No. 31/1990 stipulates that Romanian SRL companies must maintain, through the care of the administrator, a “Shareholder Registry”, where the following information is to be registered: shareholder’s full names, domicile or headquarters of the shareholder, respective share of the share capital, the transfer of any…
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Set Up a Company in Romania

Romania's economy is a market economy, where the state must ensure freedom of trade and protection of fair competition, making this country a profitable place to develop a new company, also due to low taxes and specialized and trained staff in any economic field. The procedure of setting up a…
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Company Formation in Romania

Romania is a very attractive country located in the southeast Europe, and, from the point of view of investors looking to expand their businesses in an area with a low tax system and many economical advantages, Romania provides plenty of business opportunities. Our company formation agents can help you open a company in Romania. If you…
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