Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
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Turnkey company formation in Romania: we prepare the documents, register your SRL with ONRC, open a bank account in Romania and keep your books.
Since 2012 · 50+ jurisdictions · 1% micro-company tax · ONRC registration within 1 business day by law
Watch the video with chapters and a summary · 1:16
In brief
- For a non-resident, company formation in Romania usually means an SRL, a limited liability company. The minimum capital for a new SRL is RON 500; once turnover exceeds RON 400,000, it must be raised to RON 5,000.
- Documents are filed with the trade register ONRC online, by mail or in person, and the registrar decides within 1 business day. The CUI tax code appears directly on the registration certificate.
- The micro-company tax is 1% of revenue if revenue is up to EUR 100,000 and the company has at least one employee; otherwise corporate tax is 16%. VAT is 21%, dividends 16%.
- Since 2026, every company must have a payment account in Romania, and a new company must open one within 60 business days.
- In our experience, it usually takes 3–6 weeks from signing the contract to a working company with a bank account. The timing depends on the founders' documents, the bank, government agencies and force majeure.
Your situation
Pick the situation closest to yours: a short outline of the route and the first step.
IT specialist or freelancer moving to an SRL
We register a single-member SRL and check whether the micro-company regime fits: it requires an employee, and revenue must stay within EUR 100,000. If you provide services to EU clients, we obtain a special VAT number before you start providing them.
Example. A developer from Ukraine works for a client in the Netherlands. We register an SRL, set up an administrator contract with at least the minimum wage to meet the employee condition, obtain a VAT number for EU services and open a bank account in Romania.
Discuss this case →Trade and e-commerce in the EU
An SRL can work with suppliers and buyers across the EU. We calculate in advance when the company will leave the micro regime and become a VAT payer, and set up e-Factura electronic invoicing.
Example. An online store sells goods to buyers in Romania and Bulgaria. We register an SRL, connect it to e-Factura and agree with the accountant on how to record sales to other EU countries.
Discuss this case →You need an account with a Romanian bank
A bank account in Romania is now mandatory for every company. We prepare a package that meets the bank's requirements: business description, contracts, source of funds.
Example. An SRL is registered but receives payments only into a foreign account. We put together the bank package, support the account opening in Romania and give the account details to the accountant for the tax authority.
Discuss this case →Moving to Romania with your business
The right to live in Romania comes from a visa or residence permit; registering a company does not create it by itself. For a business visa, the law requires a non-EU SRL member to invest at least EUR 100,000 and create 10 new jobs, so we first check which status is realistically available to you.
Example. A family from Ukraine lives in Romania under temporary protection and is starting a business. We register an SRL in one spouse's name, set up the accounting and separately check how protection status fits with running the company.
Discuss this case →You already have an SRL and need accounting
We take over the books from your previous accountant, check the returns, e-Factura and the Romanian bank account, and handle reporting from then on.
Example. A two-year-old SRL lost its accountant and has no Romanian bank account. We check the returns in the ANAF portal, open an account and file the missed reports.
Discuss this case →Choosing between Romania and another country
We compare taxes, timelines and bank requirements for your business model and recommend one option with our reasoning.
Example. The founder of an IT studio is choosing between Romania, Hungary and Poland. We calculate taxes in all three countries on his turnover, factor in hiring an employee, and recommend one.
Discuss this case →What turnkey registration includes
We take your company from choosing the legal form to its first reports. You sign the documents and pass the bank's checks; we handle everything else.
- Tax regime. 1% micro-company tax or 16% corporate tax, and whether and when you need a VAT number.
- Name and documents. We reserve the name and prepare the articles of association and the founders' and administrator's declarations. An SRL needs no notary unless real estate is contributed to the capital.
- Registered address. A lease or free-use agreement for the premises. If business is conducted at an address in a residential building, the owners' association must consent; if no business is conducted there, a declaration by the administrator is enough.
- Filing with ONRC. We file the documents online with a qualified electronic signature from the EU trusted list. The application can be signed by the member, a lawyer or a representative under a notarized power of attorney. We respond to the registrar's comments.
- CUI and tax registration. The CUI comes on the registration certificate. If needed, we register the company for VAT or obtain a special number for EU services.
- Bank account in Romania. We prepare a package to the bank's requirements and support the account opening within 60 business days, as the law requires.
- Accounting and reporting. We set up and keep the books. More in the section below.
Accounting for a company in Romania
An SRL keeps double-entry books. By law, the books are kept by an in-house accountant or, under contract, by a member of CECCAR, the body of expert accountants. That is why we work with Romanian partners and take responsibility to you for the result.
- Bookkeeping and source documents. Invoices, bank statements, contracts: you send them electronically, and we post and store them.
- e-Factura and SAF-T. Invoices to clients in Romania, both companies and individuals, are sent through the e-Factura system; small companies file the SAF-T file (D406) monthly or quarterly.
- Taxes. Micro-company tax is paid quarterly by the 25th; VAT is filed monthly or quarterly.
- Payroll. The micro regime requires at least one employee: we calculate payroll and file the monthly D112 return.
- Annual reporting. An SRL files its annual financial statements by 31 May of the following year.
If your company is already operating, we take over the books from your previous accountant. First we check which returns have been filed and whether there are any arrears.
Registration timeline
In our experience, it usually takes 1–2 weeks from signing the contract to a registered SRL, and 3–6 weeks including a bank account in Romania. The timing depends on how quickly the founders' documents are ready, on the bank, on government agencies and on force majeure.
The official deadline applies only once the application is complete: the ONRC registrar decides within 1 business day. In practice, signing documents abroad and the bank's checks take the longest. The law requires the account to be opened within 60 business days of registration.
How much registration costs
We quote each project individually. The price is made up of ONRC fees, the registered address and our work, and it depends on four things: how many founders there are and where they live, whether you need a VAT number and a bank account, the volume of accounting, and whether you have employees.
We work under a contract and issue an invoice and a completion certificate. Accounting is priced separately, by volume.
Describe your project in two or three sentences: we will quote cost and timing within a business day.
Why clients trust us with registration
Registration is the first step. After that, the company needs a bank account, tax numbers and on-time reporting. Clients trust us with the whole chain:
In business since 2012
For fourteen years we have been registering companies, opening accounts and handling tax matters in 50+ jurisdictions. We know the requirements of registries, banks and tax authorities from our own cases.
Registration, bank account and accounting in one place
One team takes your company from choosing the legal form to its first reports. Crystal Tax lawyers and accountants work together with local partners, so you do not have to find contractors one by one.
We see the job through
We respond to comments from the registry, the tax authority and the bank and revise documents at no extra charge until the company is up and running. Where the law requires an accountant who is a CECCAR member, we bring in a partner, and we remain responsible to you for the result.
We understand clients from Ukraine
Most of our clients are Ukrainian entrepreneurs and IT specialists. We know which documents banks usually ask them for and how to prove the source of funds.
Contract and confidentiality
The scope of work, timelines and confidentiality are set out in the contract. We disclose information about you and your company only to the extent required by the registry, the bank and the tax authority.
How to register a company in Romania: our process
Company registration in Romania goes through six stages, and we handle all of them ourselves.
- Inquiry and review. We find out what the company will do, who the founders are and where they live, and whether you need VAT, a bank account and employees.
- Tax regime. We propose the micro regime or corporate tax and agree on the name and address.
- Documents. We prepare the articles and declarations, arrange signing and, if needed, legalization of documents.
- ONRC registration. We file the application, the registrar decides within 1 business day, and we respond to comments.
- CUI, VAT and account. CUI on the certificate, a VAT number if needed, a bank account in Romania; the beneficial owner declaration is filed at registration.
- Company up and running. We set up the accounting, connect e-Factura and file reports on time.
Documents you need
Scans are enough to get started; originals and certification will be needed at the signing stage:
- passports of the founders and the administrator;
- proof of residential address;
- for a corporate founder: a registry extract and documents confirming the signatory's authority, with an apostille and translation;
- a document for the registered address: a lease or free-use agreement;
- a short description of the business, client countries and expected turnover;
- for the bank: documents on the source of funds and client contracts, if you already have them.
A criminal record certificate and notarized articles are not required to register an SRL. The full list depends on the bank and the founders; after your inquiry, we will send a list tailored to your case.
Company taxes in Romania
Main taxes for an SRL in 2026:
| Tax | Rate | Comment |
|---|---|---|
| Micro-company tax | 1% of revenue | Revenue up to EUR 100,000 including related Romanian companies, at least one employee; a member holding more than 25% can use this regime for only one company |
| Corporate income tax | 16% | If the micro conditions are not met |
| VAT | 21% | Reduced rate 11%; small business exemption for turnover up to RON 395,000 |
| Dividends | 16% | For a resident of Ukraine, the double taxation treaty caps the tax at 15%, or 10% for a company holding at least 25%, with a certificate of tax residence |
Rates were checked against official sources as of the date at the end of this page. We choose the tax regime to fit your business model before registration.
SRL requirements
An SRL is the most common form for small and medium businesses. The main rules:
- from 1 to 50 members; one person can be the sole member of several SRLs;
- the minimum capital of a new SRL is RON 500; 30% is paid in within 3 months of registration and the rest within 12 months;
- if annual turnover exceeds RON 400,000, the capital must be raised to RON 5,000 by the end of the following financial year; companies registered earlier have until 18.12.2027;
- the law sets no citizenship or residence requirements for the administrator;
- the beneficial owner declaration is filed at registration and after every change.
Residence permit through a company
The right to live in Romania comes from a visa or residence permit; registering a company does not create it by itself. For a long-stay business visa, the law on foreign nationals requires a non-EU SRL founder to invest at least EUR 100,000 and create at least 10 new jobs, plus an opinion from the Romanian investment agency.
A foreign national can be a member and administrator of an SRL, including without a Romanian residence permit: the law has no citizenship or residence requirement. We check before registration how the company fits with your residence status, including temporary protection.
How to get started
Describe your project in the form or message us: what the company will do, who the founders are, and whether you need a bank account and accounting. Within one business day we will reply with the route, timeline and cost.
Other services
Sources
Legea 31/1990 on companies (SRL, capital, members); Legea 239/2025 (SRL minimum capital, bank account in Romania); Legea 265/2022 on the trade register (1 business day deadline, CUI); ONRC: SRL registration; Legea 129/2019 (beneficial owner declaration), on the ONRC website; Codul fiscal (corporate tax, micro, dividends, VAT); Legea 70/2015 (mandatory payment account in Romania); OUG 120/2021 on the e-Factura system; ANAF: SAF-T D406 for small taxpayers; Legea 82/1991 on accounting; OUG 194/2002 on the status of foreign nationals; Ukraine–Romania Double Taxation Convention, Art. 10. Checked: 27 September 2026.
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Frequently asked questions
How much does it cost to register a company in Romania?
Can I register an SRL in Romania remotely?
What is the minimum share capital for an SRL in 2026?
How long does SRL registration take?
What taxes does an SRL pay in Romania?
Does the micro-company regime require an employee?
Do I have to open an account with a Romanian bank?
How are dividends taxed for a resident of Ukraine?
Can a foreign national be an SRL administrator?
Does an SRL in Romania give you a residence permit?
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