Start Company Romania, Establish Subsidiary Romania, Set up Subsidiary 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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Starting a Subsidiary in Romania

by Vlad Cuc

Q: Are there any special requirements for creating a Romanian Subsidiary ("Filiala")?

A Romanian Subsidiary has the statute of any regular Limited Liability Company, the only difference being that that the sole or majority shareholder is another parent company. Nevertheless the Romanian Subsidiary is regarded as an independent daughter-company.

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

The Romanian Subsidiary has the same minimum share capital as any LLC company, respectively 200 Lei.

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

As a Subsidiary requires a larger number of documents (Resolution of the parent-company, Trade Register Extract, Registration Certificate etc.) and is therefore slightly more expensive than a regular Romanian SRL Company with natural persons as shareholders. Usually the total package is below 1,500 Euros.

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

Documents will include Certificate of Registration and Trade Register Extract of the parent-company, Bank Letter and Resolution, Specimen Signature and Affidavit for the Romanian Director 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 Subsidiary 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 Romanian Subsidiary?

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 Subsidiary in other cities besides Bucharest?

Yes. We can assist you to start your Filiala 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 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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