How to set up a company in Romania?
A limited liability company (SRL) may be set up by one or more shareholders and must have a minimum capital of RON 200 (about US $60.00). There is no limit on foreign ownership and participation in the share capital of a Romanian company. A foreign investor is allowed 100% ownership in a Romanian company. Setting up a legal entity in Romania generally takes 10 to 30 days to complete. The registration procedure can be terminated without organizing trips to Romania signing the necessary corporate documents overseas. The ownership right over land may be bought as contribution to a company’s chare capital established in Romania. The value of such contribution is determined by evaluation report to the company.
