Romania is a sizeable country, located in South-Eastern Europe, bordering the Black Sea. The famous River Danube flows from the Black Forest in Germany, following its path across Romania, before emptying in the Black Sea by the Danube Delta, the second largest delta in Europe eclipsed only in size by the Volga Delta.
Experiencing rapid economic growth in the early 2000s, Romania is a developing country whose high-income economy is based mainly on services and Romania is also the home of the car manufacturer, Dacia.
Several inventors have also originated from Romania, including Traian Vuia, an aviation pioneer who is accredited with the first attempt at powered flight. On the 18th of March in 1906, his flying machine, a monoplane, managed a powered hop of 11m. Vuia later went on to design helicopters.
Currency: Romanian Leu
Language: Romanian along with several recognised minority languages.
|Year 2 onwards
|Accounting Data Address
|Director and Nominee Service
|Estimated renewal costs in year two: £1,500.00
Details of Limited Liability Company (S.R.L.):
- Minimum of one Shareholder and one Director, who may be of any nationality and need not be a resident of Romania.
- Minimum Subscribed Share Capital of 200 RON.
- Accounts are required to be maintained and filed.
Requirements to form a Company in Romania
In instances where the Officers of the Company are not able to sign formation documentation in Romania, the documentation may be signed in your home country in the presence of a Notary Public, before being legalised/apostilled, to enable remote formation.
Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.
A member of the banking team will be able to advise on the most suitable offshore bank account.