Create Company Romania, Establish Branch Romania, Set up Branch in Romania


 

 

 

 

 Set up Branch
A Romanian branch (called a "Sucursala") is an entity without its own legal personality. This means that it does not have its own patrimony apart from the parent-company. It is registered however in a similar manner with the Romanian Subsidiary and with the same public institution, namely the Trade Register.

 

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 Set up Subsidiary
The Romanian Subsidiary (called a "Filiala") has the status of any regular Romanian SRL (Limited Liability Company). The only difference is that the parent company is the only or majority shareholder in the company. This type of structure does not imply a different incorporation procedure other than any other Romanian SRL.

 

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Creating a Branch in Romania

by Vlad Cuc

Q: Are there any special requirements for creating a Romanian Branch ("Sucursala")?

A Romanian Branch is setup in a manner similar to any Romanian company. There are nevertheless certain specifics, namely: the Romanian Branch does not have its own patrimony, its own share capital, therefore the parent-company is liable with its own share capital registered abroad. There is also an important note related to the filed accounts: each year, besides the accounts for the branch, the yearly accounts of the parent-company must be filed with the Romanian Trade Register.

Q: What is the minimum share capital of a Romanian Branch?

The Romanian Sucursala Branch does not have its own share capital therefore there is no capital to deposit.

Q: How much does it cost to create a Romanian Branch?

The fees for establishing a Romanian Branch are roughly the same as for a Subsidiary, therefore around 1,000 Euros. Please contact us for an exact fee quotation.

Q: What documents are required for the setup of a Branch in Romania?

Documents will include Articles of Association of the parent-company, Certificate of Registration and Trade Register Extract, Specimen Signature and Affidavit for the representative as well as a Power of Attorney if the procedure is going to be completed without a personal visit.

Q: Do I have to visit Romania in person for the Branch company incorporation?

No. Documents can be drafted by our Law Firm in Romania and notarized and apostilled or authenticated by the Romanian Embassy in your country of residence. Then they will have to be sent to our office in original.

Q: Do you offer a registered office for the future Branch in Romania?

Yes. Our Law Firm is able to offer a local registered office, as well as virtual office services such as mail forwarding and a local phone or fax number.

Q: Do you cover other legal areas besides the formation of Romanian Branches?

Yes. Enescu & Cuc Law Firm is specialized in all aspects of Commercial and Real Estate Law. Please visit www.RomanianLawOffice.com for more details.

Q: Do you offer accounting services in Romania?

We offer accounting services through our local affiliates.

Q: Can you help me set up my Branch in other cities besides Bucharest?

Yes. We can assist you to start your Sucursala in all Romanian major cities.

Our partner in Macedonia: Macedonian Law Office - STOJANOVSKA Attorneys

Our partners in the UK:

Lawyers in London , England -  International law firm who specialise in Notary Public Law.

Notaries Public in London, England - A leading firm of Notaries Public and Commissioners for Oaths based in London, England.

 


 Who we are
Enescu & Cuc is a business law firm situated in Bucharest, Romania, specialized in commercial law and commercial litigation. Until now our Law Firm has represented over 200 foreign clients requiring company formation services in Romania.
We handle:
SRL Company Formation

Formation of Romanian Joint Stock                              Setup of Branches         Registration of Subsidiaries    Incorporating Representative Offices                            VAT Registration          Virtual Office

Contact us

Phone/Fax:

+40 21.232.14.99
Mobile:
+(4)0744 156 374

Email:

office@theromanianclub.com

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