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Company establishment |
SC Friesian SRL can provide any service in the establishment and registration of any type of company in Romania including:
 Reservation of company name
Legal documentation, contracts
Obtaining the approvals for functioning (Labour protection, Environment, sanitary veterinary authorities)
Visits to Registry Office
Provision of Memorandum and Articles of Association
Registration of share capital
Confirmation of company registration number
Despatch and receipt of Power of Attorney (if necessary) and final Certificate of Incorporation
Opening of a bank account on the company's name and deposit the share capital
Stamps
Background information
Companies established in Romania are legal entities subject to Romanian laws and are essentially similar to most other European companies. Company Law No.31/1990 (modified and completed by Emergency Government Ordinance No.32/1997, Law No.195/1997 and by Law No.99/1999 on certain measures for the acceleration of the economic reform, Law 302/2005 regarding the clear delimitation of certain types of companies, regarding increase of the share capital) allows and defines five forms of companies:
1. General Partnership - "Societate in nume colectiv " - SNC
2. Limited Partnership - "Societate in comanita simpla" - SCS
3. Limited Liability Company - "Societate cu raspundere limitata" - SRL
4. Joint Stock Company - "Societate pe actiuni" - SA
5. Limited Joint Stock Company - "Societate in comandita pe actiuni" - SCA
Steps to establish a company:
1. Deciding upon the legal office - it should be the property of one ore more
of the associates, or in a place being in the use of the associates (sale-purchase
contract, rental or sub-rental contract, real estate leasing contract, heritage
deed, etc.)
2. Choosing the name and the logo of the company - the availability of the name
can be checked on the website of the Trade Registry Office
3. Establishing the object of activity - according to the classification of the
CAEN code, choosing the main activity and the secondary activities
4. Choosing the legal type of company
5. The constitutive deed of the new company - signed in the presence of a notary
or a lawyer
6. Share capital, legal fees - the share capital is compulsory at the registration
of a company. The share capital may be deposited in any bank.
7. Registration with the Trade Registry - the issuance of the registration certificate
and decision of a judge and of an establishment certificate
8. Approvals and authorizations for functioning - required from the public authorities
according to the object of activity of the company.
Companies must be registered with the National Trade Register Office, organized by the Romanian Chamber of Commerce and Industry (Law No.26/1990 modified by Law No.12/1998). Companies become legal entities starting the registration date. The National Trade Registry Office is a public institution mandated to carry out statistical information on business activities in Romania.
The fiscal registration code is to be obtained according to Government Ordinance No.82/1998 regarding the fiscal registration of taxpayers.
Our partner company, ACV 2000 SRL, is a law firm that provides all the necessary services in order to establish a company.
Furthermore, SC Friesian SRL is able to provide (for an initial period) book-keeping service for the newly established company to ensure that administration is done in line with the legal and fiscal requirements.
SC Friesian SRL can also provide interpretation support as well translation of documents, leaflets, instruction manuals and websites. On request, we can provide promotional materials and website design for you company. |
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Adress: SC FRIESIAN SRL