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Start a Romanian Company Now!!!
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DID YOU KNOW? If you are investing in a Romania Report property, the legal work required with your acquistion is includedin the total cost. |
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YourCompanyinRomania.com aims to make the process of forming a SRL as easy as possible for local and foreign investors who wish to form a company to take advantage of the tax savings and protection that having one offers. An easy-to-use 2 step online process combined with a visit the local notary office ensures company set-up in 7 working days, complete with registered address and bank account. |
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Taking the headache out of company formation in Romania ! Company formations should be quick and painless - whether you are an accountant for whom company formation is a frequent activity or an individual ordering your first company formation. We are the first formation agent in the Romania to offer a complete online company incorporation service and we continue to refine our ordering system, which has been widely praised for ease of use. |
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How to set up a company in Romania |
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| You can set up a company without going to Romania. You will be requested the following details: - 3 proposals of company names, e.g your name, your initials, your last name, etc. Depending on company name availabilities, the trade register will choose one of the 3 names as your company name. - Company activity. The activity of the company is usually "Real Estate" but you can also add some other activities should you intend to trade in Romania in the future. - Capital: minimum capital is 500 euros. - Company headquarters: needs to be in Romania. It is usually the address of the property that you purchase. - Copy of your passport - Your parent's names - If you do not travel to Romania, a power of attorney will be required to allow your lawyer in Romania to open a bank account and to set up the company on your behalf. |
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From The Romania Report
Investor's Guide 2007 |
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We advise our clients to set up a Romanian company in order to
purchase a property in Romania. Whilst this may sound daunting, it is an easy and widely used approach and the costs of operating
an Romanian company are relatively low. The main benefits of operating the business as an Romanian
company are that all expenses are deductible and companies pay no tax until profits are distributed (dividend
distributions are then taxed at the standard 16% tax rate). This means that as long as profits are re-invested
in the company, no tax needs to be paid! (This is one of the key reasons why many companies, particularly
from France , Germany and Holland , are investing in Romania). 
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