Setting up a company in Timisoara is not so different from opening one in Bucharest. MHC Law Firm has incorporated Romanian companies in all major cities in the country, from the capital Bucharest, to the IT center of Romania Cluj, the biggest port in Romania Constanta and Timisoara. Timisoara is considered to be a very attractive city for German, Italian and United States investors, but only due to the fact that the city is continuously expanding. It’s very important to note that in some instances the commercial register (Registrul comertului) clerks in Timisoara can be less acquainted with more complicated structures such as FILIALA or SUCURSALA branches. A diligent approach is thus required as well as assistance from a Romanian lawyer. MHC Law Firm is thoroughly qualified to assist you.
We can also help you with the formalities for company formation in Romania, in the main towns.
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Can I open a company in Timisoara no matter of my residence?
Yes you can: a Romanian company can be owned and managed by any citizen without any limitations or conditions, no matter if these are EU residents or not.
Can I set up a local company without visiting Timisoara?
Yes. Even if some local consultants might tell you otherwise, this might be because the lack of experience when working with foreign investors.
Nevertheless a company can be set up in Timisoara without a personal visit. You have the following options:
a) sign the documents at the Romanian Embassy in their country of residence;
b) sign and apostille the documents if the country of residence is a member of the Hague Convention;
c) Notarize and legalize the documents with the Ministry of Foreign Affairs if the country of residence is not a member of the Hague Convention.
Can you offer a virtual office / company seat in Timisoara?
Yes we can. If you do not have a local office we can offer a virtual office solution. All Romanian lawyers can offer a registered office for a period of 1 year.
Do I need to have a Timisoara company for activating in Timisoara?
Not necessarily. A Romanian company established somewhere else in the country can also establish a so-called ‘Work Point” (PUNCT DE LUCRU) or a SUCURSALA (branch) if it requires to establish its business locally in Timisoara.
Timisoara is one of the largest cities in Romania, therefore you can find many business opportunities here. Our lawyers can help you open a company in Romania in the city of Timisoara.
Timisoara was the European Cultural Capital in 2021 and it is known as a city with a high quality of living (92% of the people living in Timisoara declared that they have a happy, content life).
Company incorporation in Romania in the city of Timisoara is not only recommended because the quality of life is a good one, but also due to the business opportunities available here.
Many investors come here because the city is known as an IT hub, with many tech companies and tech communities developed here. Companies in this sector can also benefit from many investments and fundings.
Our lawyers will assist you in the process of registering a business here, but you can also obtain legal representation if you want to buy a house in Romania in the city of Timisoara or its surroundings.
An apartment located in the city center can cost EUR 120,000 (a small one) to EUR 200,000 for a large property, while a small apartment in the outskirts of the city is estimated at EUR 89,000.
We can also help you with opening a company in Qatar or any other country with the help of our local partners.