Company Formation in Romania

Company formations governed by private law in Romania

  • P.F.A. (PersoanăFizicăAutorizată) – Self-employed person.
  • S.R.L. (Societate cu RăspundereLimitată) – Private Limited Company
  • S.A. (Societate pe Acţiuni) – Société Anonyme

Foreign investors are mainly interested in the S.R.L. and S.A. types; if we were to describe and distinguish between these two forms of companies the following are necessary to be noted:

Company Formations S.R.L. S.A.
Shareholder’s exclusion Yes No
Number of shareholders 1-50 2+
Dissolution Even a shareholder may block the procedure The majority holds the absolute right of dissolution



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Professional Lawyers for Company Formation in Romania

The set-up process for company formation in Romania of a Private Limited Company in its basic form is carried out by just two state services:

Α. Registry of Commerce

  • Research and registration of the corporate name.
  • Seat approval
  • Approval of shareholders and managers.
  • Submission of all supporting documents and final approval of the establishment of the company.

Upon approval of the establishment by the Registry of Commerce, the newly-fledged company formed in Romania shall be receiving both a VAT and a Registration Number, and then proceed further with Tax Authorities.

B. Tax Authorities

  • Registration and integration in the country’s VAT regime.
  • Registration and integration in the European system of intra-Community Transactions VIES.

This process may last from 4 to 30 days, depending on the particularities – if any – of the case at hand.

For instance:  according to the Romanian Tax Code an S.R.L. may opt not to have a VAT number. In such case, Companies having opted out of the VAT regime, are not allowed to charge taxes.

Key Contacts – Lawyers with Expertise in Company Formation in Romania

Mitrogianni Aikaterini

For more information on Company Formation in Romania

Please contact us on +30 210 3600036, or

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