Start Representative Office Romania, Set up Representative Office 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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Setting up Representative Office in Romania

by Vlad Cuc

Q: Are there any special requirements for creating a Romanian Representative Office ("Reprezentanta")?

A Romanian Representative Office is a structure entirely different from a Romanian Branch or Subsidiary. This type of entity is not independent from the parent-company and has certain important limitations: it cannot produce goods or provide services. The only purpose of the Romanian Representative Office is to intermediate business relations between the parent-company and its Romanian clients. In practice this type of structure is mainly used for marketing services.

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

The Romanian Representative Office does not have its own patrimony and share capital.

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

It is important to note that the Romanian Representative Office is not registered through the Trade Register (like the Branch and Subsidiary) but rather through The Ministry of Economy and Commerce. The Representative Office has a flat incorporation tax and a flat corporate tax regardless of its activity in Romania. Other incorporation fees are rather similar to branches and subsidiaries.

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

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

Q: Do I have to visit Romania in person for the Representative Office 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 Romanian Representative Office?

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 Representative Offices?

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 Representative Office in other cities besides Bucharest?

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


 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 a lover 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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