The Authorized Physical Person 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 company. The main activity is represented by a single main CAEN code, to which another maximum of 4 CAEN codes can be added.

● The setup procedure is relatively simple and involves low costs;
● Administration costs are lower than for a LLC;
● AFP does not legally require an accountant, as accounting can be kept in the simple manner;
● The number of tax declarations to be filed is low;
● AFPs have the right to employ third parties with an individual employment contract;
● Associates answer only within the limit of the subscribed share capital established by the associates, subject to the minimum statutory ceiling (200 Ron).

Required documents
● Identity card or passport;
● The ownership act of the headquarters in which the authorized natural person will operate;
● Owners 'and neighbors' association agreement (for apartments only);
● The signature specimen of the authorized physical person;
● Documents attesting professional training;
● Documents attesting professional experience.

Information
● Choosing the object of activity

In addition to these documents, depending on the subject of activity, secondary offices, work points, etc., there may be other documents that we will require from you at the given time.

To not waste your time and in order to be able to determine exactly what service you want from the beginning, we invite you to fill in correctly, with all the details, the related fields in the

● Reservation of the AFP name.;
● Conceiving, editing and authenticating the following documents:
- LOAN Contract / Rent for the space where the professional headquarters of AFP is established;
● Request Form (O.NR.C form);
● Completion Statement (O.NR.C form);
● Completing the Fiscal Vector Annex (O.NR.C form);
● Submission of the file to the Trade Registry;
● Representation before the persons designated by the Director of the institution responsible for verifying and authorizing the inscription in the Trade Register.

The AFP is complete when it encompasses all of the documents outlined above.

We will correctly complete the file for you: we will submit the file with the Trade Registry and, following the verification of the file, we will order the authorization of the establishment of AFP.