By using the company's services, I learned that starting a business isn't so difficult when you have someone to guide you. I had a great experience, and the result was worth it!
🌞 For foreigners: Online registration
where & how to use
Substance: Lease agreement at our legal office that identifies the location (room rental agreement), including correspondence translation and mail forwarding.
Cost-saving: There is no need to travel or make an in-person notary appointment. (Normally, you need both an apostille from the local court and a notary appointment with an interpreter in your home country.)
Family-run: Tax advisors (father and son), 11 years of expertise, a sizable team of permanent staff, attorneys, and tax consultants. We are located in the center of Bucharest Romania. Gladly come by and visit us at our office.
A Romanian SRL provides you with a liability restriction same as a LLC, shielding your personal assets from the obligations of the business.
Starting a business in Romania is a great option for foreigners, especially those who want to enter the European Union market without spending too much. Romania is drawing more international investors thanks to its location, skilled workers, and recent business-friendly changes.
Romania’s tax system is a big plus. The standard corporate tax rate is 16%, which is lower than in many Western European countries. Small businesses can benefit even more from the microenterprise regime, paying just 1% or 3% of their turnover, depending on whether they have employees. This is especially good for startups and digital businesses.
From a legal perspective, foreigners are allowed to fully own companies in Romania, with no requirement for a local partner. The most common legal structure is the SRL (Societate cu Răspundere Limitată), similar to a limited liability company (LLC). Setting up an SRL is relatively simple and can usually be completed within a few days to a couple of weeks. The minimum share capital is symbolic, making it accessible for almost any entrepreneur.
Romania also stands out for its workforce. There are many well-educated professionals, especially in IT, engineering, finance, and customer support. Many people speak excellent English and other languages, so communication is easy for international founders. Labor costs are much lower than in Western Europe, but productivity is still high.
Romania’s location is another key benefit. As an EU member, businesses in Romania can access the EU single market and trade freely with all EU countries. This is especially helpful for e-commerce, consulting, and service businesses that want to grow internationally.
There are some challenges to keep in mind. Bureaucracy can be slow and complicated, especially with public offices. Even though digital systems have improved, many steps still need paper documents and in-person visits. It’s a good idea to work with a local accountant or legal advisor to avoid mistakes and delays.
Understanding Romania’s rules, especially for taxes, employment, and accounting, can also be a challenge. The rules aren’t too strict, but they can be quite different from those in other countries. It’s important to follow them closely, since mistakes or late filings can lead to expensive penalties.
Even with these challenges, Romania is still one of the best places in Eastern Europe for foreign entrepreneurs. Low taxes, affordable costs, skilled workers, and access to the EU market make it a strong place to start and grow a business.
In conclusion, starting a business in Romania is a real and promising choice for entrepreneurs looking to grow in Europe. With good planning, local help, and a clear strategy, Romania can be a great base for both new and established companies.
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By using the company's services, I learned that starting a business isn't so difficult when you have someone to guide you. I had a great experience, and the result was worth it!
I need to improve my English! I can only get by halfway with my broken English... The GO EU team is super friendly and helpful. One star deducted because they don't have enough German-speaking tax advisors.
I've had bad experiences with an offshore company before. I'll give this one another try. The contact seems quite professional and competent – so far. I'll keep you posted...
Daily regulatory hurdles, cease-and-desist letters, customer threats, and excessively high return rates in Germany almost forced me to close my business. The 1% model saves me a fortune in taxes, makes me significantly more profitable, significantly reduces return rates, eliminates cease-and-desist letters, and removes all the business-unfriendly harassment.
Where can I speak with one of your consultants? I'd like to see the prices and discuss the advantages. Is it better than having a company in Dubai?
Greetings to the GO EU team! Implementation was quick and easy. The accounting is world-class; I was able to submit all invoices. Thank you!
Over 10 years of experience in international tax planning and over 850 supported company formations.
Relocating to a low-tax country
- Complete company formation
- Name registration
- Lawyer and notary fees
- Deposit of share capital
- Commercial Register Entry
- Premium business address
- Opening a bank account at a direct bank
- Mail forwarding & translation
- Expert support & assistance
- as well as 20 minutes of business advice in international tax law included!
Daniel Maier
Thomas Hofmann
Adil Hussain
Cezar Stefan
Sebastian Mates
Book a free and non-binding initial consultation where we can discuss your questions and requirements.
One of our experts will assess your current situation and work with you to explore which countries and options exist to achieve tax savings.
Consultations are always cross-border. In all cases, setting up a company in Romania is not always the best option.
