Jean Monnet Street 5B, District 1, Bucharest (Dorobantilor Square - Charles de Gaulle - Primaverii)

Start now and in a few days

YOU WILL HAVE YOUR VERY OWN COMPANY

DO YOU HAVE A BUSINESS IDEA THAT IS READY TO BE PUT INTO ACTION?

Our consultants can support you throughout the process of setting up and registering, regardless of the type of company you want: LLC, S.A., AFP, etc. To do so, we will prepare all the necessary documents, prepare and file and submit it to the Trade Registry, we will ensure that it is approved and we will pick up the documents issued following this registration.
SETTING UP A LLC
Limited Liability Company (LLC) is the most widespread form of business activity in Romania due to the advantages it presents: social obligations are guaranteed by the social patrimony, the associates answer only within the limit of the subscribed share capital, established by the associates, compliant with the minimum ceiling provided by the law (200 Ron).

Advantages of a LLC
● LLCs are entities with legal personality that can carry out any kind of activity, except those organized and regulated by special laws, as well as those for which the prohibited CAEN codes are regulated;
● The main object of activity is a single CAEN code, but the secondary object of activity can be passed with several codes;
● Disposal or sale procedures are free of complications;
● Minimum share capital for the establishment of an LLC is only 200 lei;
● Can have one or more associates, Romanians or other nationalities;
● The responsibility of administrators is limited to the amount of the share capital.

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SETTING UP A JOINT STOCK COMPANY (S.A.)
A Joint Stock Company (S.A.) is a complex and very widespread form of organization. In order to be able to register a joint-stock company, you require a minimum of two shareholders and a minimum share capital of 25,000 EURO. The share capital of a joint stock company is divided into shares whose value can not fall below 0.1 RON. It can be managed by one or more administrators.

Advantages of setting up an joint stock company (S.A.)
● The joint stock company can be formed with at least two associates - natural or legal persons, Romanian or foreign citizens, who decide to associate in order to carry out commercial activities;
● Associates can easily give up on their status held within the company by simply selling the shares;
● Company of shares is a capital-centric company;
● Provides the ability to run a wide range of activities, in contrast to other forms of registration.

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Setting up an AFP
An Authorized Individual (AFP) is the simplest form under which an individual can independently conduct economic activities. The AFP has no legal personality and is strictly related to the individual's authorization for that field for which he/she demonstrates their training and professional experience. The AFP holder may simultaneously hold the status of associate of a legal entity. The main activity is represented by a single main CAEN code, to which another maximum of 4 CAEN codes can be added.

Advantages of an AFP
● The setup procedure is relatively simple and involves low costs;
● Administration costs are lower than for an LLC;
● AFP does not legally require an accountant, as accounting can be kept in the simple version;
● The number of tax declarations to be filed is low;
● AFPs have the right to employ third parties with an individual employment contract.

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Setting up an Individual Enterprise (I.I.)
An Individual Enterprise (I.I.) is an economic enterprise without legal personality, organized by an individual entrepreneur, through which it can carry out any kind of activity, except for those organized and regulated by special laws. The main activity is represented by a single CAEN code, to which another 9 secondary may be added. Patrimonial responsibility is with the entire patrimony of the natural person holding it.

The advantages of setting up an IE:
● It is a simple form of organization. Both setting up and the dissolution involves simplified procedures;
● For registration of the Headquarters a loan contract with a third person is sufficient;
● I.I. has immediate access to the amounts resulting from the commercial activities provided, and the revenues and expenses are distributed to the members according to the participation quota;
● The individual enterprise can have employees for the authorized activity;
● Accounting is done in the simplified version, and the number of tax returns to be submitted is low.

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Setting up a Familial ENTERPRISE (FE)
A Familial Enterprise (FE) The economic enterprise without legal personality, organized by an entrepreneur with two or more members of his family.
Members of an FI may be simultaneously holders of individual enterprises (except its representative), but also employees of a third person, who operates both in the same field and in a different field of activity different from that in which FI does.
The first step to establishing a familial enterprise is to conclude an agreement between members and to appoint a representative of the family enterprise, empowered by a special power of attorney to manage the interests of the family enterprise. Both the formation agreement and the power of attorney must be signed in writing. The family enterprise can not hire third parties with a labor contract, and the patrimonial liability is with the entire patrimony of the natural person.

Advantages of setting up an FE:
● It is a simple form of organization, with low start-up and administration costs and simplified procedures for setting up / dissolution;
● FE has immediate access to the amounts resulting from the commercial activities provided, and the revenues and expenses are distributed to the members, according to the participation quota.

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Setting up ASSOCIATIONS / FOUNDATIONS
An association represents the legal expression of a partnership of at least 3 persons (Romanian or foreign) who, on the basis of an agreement, jointly and without the right to restitute their material contribution, knowledge or contribution to work, to carry out activities in the general interest , community or, as the case may be, in their personal non-patrimonial interest.

Depending on the purpose of setting up the Association, there are several categories: Owners Associations, Cultural Associations, Educational, Humanitarian, Sports, Medical, Entrepreneurial, etc.

The foundation is made up of one or more persons who, on the basis of a legal act, constitute a permanently and irrevocably affected patrimony, the achievement of a general interest or, where appropriate, community interest.

The initial foundation of the association or foundation must include assets in kind or in cash, with a total value of at least 100 times the gross minimum wage of the association at the time of foundation. Exceptions are made by associations whose exclusive purpose is to carry out fundraising operations to be made available to other associations or foundations, in which case the initial patrimony may have a total value of at least 20 times the gross minimum wage in the economy.

Foundations are different from associations in terms of the objectives pursued: foundations can never be in the interest, be they non-patrimonial, of their founders.

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Registered Office Hosting
Establishing a registered office may sometimes prolong the process of setting up a company, due to the particularities and the necessary insights. If you do not have a registered office or the costs associated with it are burdensome, you have the opportunity to address a lawyer for hosting the company you own.

The headquarters service involves the conclusion of a legal assistance contract between your company and the law firm, which specifies the establishment of the registered office and the period during which the company will have its headquarters hosted at the law firm.

Benefits of a registered office at the law firm:
● Elimination of expenses related to the rent and maintenance of space for the registered office;
● It is not necessary to obtain the consent of the association of owners or neighbors;
● It is not necessary to check the uniqueness of the headquarters (made by the Trade Registry);
● Significant reduction in the company's start-up time.

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DISSOLUTION OF A COMPANY
The dissolution of the company is, like setting up, a stage in the "life" of a company and occurs as a consequence of the will of the associates (voluntary dissolution) or of external factors. The dissolution of the company prepares the stage of liquidation of the patrimony.

The dissolution of commercial companies takes place, according to Law no. 31/1990, in several situations, including:
● The passage of time set as the duration of the company;
● The impossibility of achieving the object of activity of the company;
● Declaring the company's nullity;
● Decision of the General Assembly of the Associates (GMS);
● Court decision, at the request of any associate, for good reasons, which jeopardize the proper functioning of the company;
● Bankruptcy of the company;
● Other causes provided by the law or the constitutive act of the company.

The causes of company dissolution are multiple, some are internal and result from partner decisions or changes in legislation, others are external, national or global. The activity of dissolving firms has a very high share in our services, having the opportunity to do so both voluntarily and through judicial channels. At the same time, we can take your company's debts (legally, to the notary and followed by the takeover registration), we can help you sell it (we have clients who are willing to take over such companies for tax reasons) or we can offer you a sale with or without debt, for older or newly established firms.

3 SIMPLE STEPS

to starting your own company

1. You contact us

Complete each field, then send us the online
company foundation form.

2. We sign the contract

... then our experts analyze the information you have provided for us, so we can offer you the most effective solutions.

3. We prepare the documents

We carefully prepare & certify the documents and complete the file for submission to the Trade Registry.

OFFER 1

Sole associate
● We will prepare and certify the necessary documents for the establishment of the company with a sole associate, preparing the file for its submission to the Trade Registry (design, document attestation and filling in forms)
● We will send you the complete file for submission to the Trade Registry
● You will have to deal personally with reservation of the name, submission and removal of documents from the Trade Registry, depositing the social capital, obtaining the signature specimen and other documents...

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OFFER 2

Sole associate
● We will prepare and certify the necessary documents for the establishment of the company with a sole associate, preparing the file for its submission to the Trade Registry (design, document attestation and filling in forms)
● We will get reservation of the company name from the Trade Registry
● We will send you the complete file for its submission to the Trade Registry including the name reservation
● You will have to deal personally with the filing and taking of the documents...

More information...

OFFER 3

Sole associate
● Writing and attesting the necessary documents for setting up the company, preparation of the file for filing at the Trade Registry (design, document attestation and filling in forms)
● Obtaining a company name reservation
● Submission of the file to the Trade Registry
● Taking the documents from the Trade Registry and transmitting them to you
● It is up to you to only get the address from the financial administration regarding the uniqueness of the headquarters and the signature specimen at a notary chosen by you as it is mandatory ...

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OFFER 4

Sole associate
● Drawing up and attesting the necessary documents for the establishment of the company, preparation of the file for its submission to the Trade Registry (conception, document attestation and filling in forms) ● Obtaining the company name reservation ● Depositing the share capital to your preferred bank;
● Submission of documents to the Trade Registry;
● Representation in front of persons designated by the Director of the institution responsible for checking and authorizing the inscription in the Trade Register;

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EACH CLIENT IS SPECIAL AND IMPORTANT TO US,
REASON FOR WHICH ALL DETAILS ARE DISCUSSED IN A PRIVATE AND CONFIDENTIAL MEETING.

SPECIAL OFFER FOR STUDENTS

For students, the minimum rate for setting up a company with a sole associate (Romanian citizen) is 240 RON.
In order to benefit from this tariff cut and cuts from the Trade Registry, students have to prove that they:
● Follow courses of a short or long-term form of education at an accredited higher education institution;
● Are at least in the second year of studies and have passed all the obligations established by the university senate;
● Have not reached the age of 30 years.

START OFF WITH CONFIDENCE!
WE DO NOT ONLY HELP YOU TO FOUND YOUR COMPANY, BUT TO ACHIEVE SUCCESS!

We have extensive and long-term experience in commercial and financial banking law. We want to develop an advantageous partnership, first and foremost for you.
We adapt to the needs of each client, our fields of activity are very varied.
● Legal punctual advice on various issues;
● Legal monthly subscription to work legally and be protected from bad payers;
● Drawing up commercial, banking, labor contracts etc.;
● Assistance and representation for negotiations and in court;
● Representation in commercial litigation;
● Recovery of amicable and court debts;
● Representation in bankruptcy proceedings;
● Representation in the recognition procedure of foreign judgments;
● Representation in the arbitration and mediation procedure;
● Providing business information.
● Establishing student companies;
● Setting up a familial enterprises;
● Establishing a foundation, association or federation;
● Establishment of a subsidiary, a branch office, a working place;
● Establishing a registered office;
● Workspace opening / dissolution;
● Change of headquarters / workstation / name;
● Changing the legal form of the company;
● Recoding activity objects;
● Temporary activity suspension.
● Appointment / suspension / revocation of administrator / censor;
● Exclusion / withdrawal shareholders / associates;
● Capital increase / decrease;
● Assignment of shares;
● Merger, division, dissolution of a trading company;
● Registering the logo;
● Brand registration, design, patent;
● Protecting intellectual property rights, trademarks, designs, patents;
● Establishing a foreign representative in Romania;
● Obtaining a visa and staying in Romania.

FOR ANY DETAILS OR INFORMATION RELATED TO THESE SERVICES OR ANY OTHER NEEDS YOU MAY HAVE,
WE INVITE YOU TO CONTACT US.
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