The timeline varies depending on the type of company and specific requirements. Generally, we can have your company established in 3-5 business days.

Please find below the requirements to benefit from a 1% revenue tax.

1. First, the company's yearly revenue cannot exceed EUR 500,000.
2. Second, the company will have to hire at least one employee and pay him a minimum gross salary of EUR 660 per month. About 47.5% of this salary must be paid to the government as payroll taxes. Alternatively, the shareholder/director of the company may hire himself based on a management agreement/employment agreement to meet this requirement.
3. Finally, revenue related to consultancy and management activities should not exceed 20% of total revenue.

In the event that your company does not meet the criteria for the 1% revenue tax, please note that your company will be subject to a 16% corporate tax (profits tax). Additionally, please note that the tax on dividends will remain unchanged at 8%.

No, your presence in Romania is not required. We will form the company remotely in your absence. All you have to do is sign the prepared documents (via Docusign or wet ink) and send them to us via email.

We would like to inform you that a notary public is not required for the documents certification process. As legal professionals, we are authorized and licensed to certify documents that would normally require notarization. This allows for a more efficient and convenient process as you won't need to leave your location to go to a notary public.

To complete your registration process, we kindly request that you provide us with a copy of your ID card or passport. Additionally, we will have a videocall together in order to understand what type of business you want to open in Romania and to be assured that the entire process is performed according to your requirements.