A limited liability company is a company formed by no more than 50 shareholders. The registered share capital of a limited liability company cannot be less than 200 RON (Romanian LEU). The registered share capital of a limited liability company is normally divided into shares with a registered value 10 RON. Shares cannot be freely traded, making limited liability companies similar to what are known as private limited companies in other countries.
The Articles of Incorporation of the Societate cu raspundere limitata (Srl), limited liability company will include:
Decisions are made by majority vote in the General Meeting of the Shareholders (1 share = 1 vote). Decisions involving changes in the constitutive documents must be agreed by all shareholders if these documents do not state otherwise.
Limited liability companies may also be formed by a sole shareholder.
The majority of companies registered in Romania, whether domestic or foreign-owned, are limited liability companies. A limited liability company is known as a SRL Societate cu raspundere limitata and incorporated according to the Romanian Law 31/90.
The institution that handles company registration in Romania is the National Office of the Trade Registry.
Within 15 days from the date of authentication of the Articles of Incorporation, the founders or the administrators of the company will request the incorporation of the company in the Commercial Registry in the area where the head office of the company will be located.
The incorporation application shall be accompanied by:
The judiciary, through a delegated judge, exercises the control over the legality of the documents and of the deeds which, according to the law, are going to be registered with the trade register, including the request for registration of the companies.
In cases where the legal requirements are fulfilled, the delegated judge shall authorize, by way of decision, the setting up of the company and will order its incorporation with the trade register.
The registration period provided by the law for registering companies is 3 days from the day the request has been submitted. In the same period the trade register office issues the registration certificate containing the unique registration code.
Corporate administrative services include the following:
We check that your Romania company name is acceptable and is not already incorporated with the Romania Companies Registry.
Once incorporated we provide a set of corporate documents for your Romania company which, includes the Certificate of Incorporation, Memorandum of Association the Articles of Association, first minutes and share certificates. Copies of the company incorporation documents are sent via email and the originals from the companies registry are sent to you in a corporate folder.
Your Romania company must have a registered office, which must be a physical address in Romania. The registered office is where documents may be legally served on the company. we provide this registered office service in Romania.
To start the incorporation of your Romania company we initially only require, the proposed company name, details of the company directors, shareholders and the proposed activities.
We can incorporate your Romania company, according to your specifications, please click "Incorporate Now" for our fees and a timescale.