Recent content by andrewb

You can employ yourself just for your employee contract you pay a minimum of 200 eur monthly

You need to open it in person. It cannot be remotely opened ..

You cannot open remotely . Yes, a foreign company can own it . But you need to hava a visit in Romania to open it

I’m a Romanian citizen so I did not need a provider, i opened in my own. Are you an EU citizen ? You can do it also in your behalf

You cannot setup beforehand nothing , until you go to a notary and empower a company/accountant in order to register any company in your behalf

Search for an accountant , they can do it in your behalf, if you hire a company that you find it on google, will charge you triple. An accountant can open for you a company with less than 250/300 eur. but keep in mind that somebody needs to be administrator, with romanian residency. What...

Accounting per month could be even 50 eur ( I personally pay 70 eur ) but I have a lot of declarations and VAT recovery procedures . i own also in Hungary a company, where I have a lower activity, and there I pay 150 eur .. you need to take in consideration also cost in HK for the virtual office...

Hey guys, Need any help or advice from a Romanian citizen ?

If you are still interested ... I could give you some hints . I am a Romanian business owner so I know a thing or two

I would suggest Romania . Maximum 3 % state tax if you do not have employees . If you have employees on a Romanian company you pay 1 % . These taxes you calculate from your revenue , not from your profit . I am talking on a maximum of 1 mil. eur / year revenue

Also regarding the 1-3 % , is not from your profits , is from your revenue . So for example if in April you are invoicing the other companies the amount of 100.000 USD , your tax for this amount is 1000 usd / 3000 usd . this tax need to be paid until 25th May . It is not an annual tax .

So let me enlight you regarding the 1 % tax / this is applicable if your company in romania has over 2 employed persons . Yes, for the employed persons you need to pay around 42 / 49 % ( there are some industry sectors like constructions that has some benefits from the state ) . This is not...

Hello, I am a business owner in Romania . let me know exactly what do you need to do with a company in Romania ? What kind of business you want to conduct

Hello, I am a romanian business owner. i could help you with the answers just I need more info regarding the profile of your company. Is it a trading company? A IT company ?