open a business in Romania Archives

Open a Sole Trader in Romania

It is possible to open a sole trader in Romania only as a natural person. It must be noted that not only Romanians can set up this structure – this right is granted to foreigners as well, provided that they meet the basic registration obligations. Our Romanian lawyers can present…

Obtain Crypto License in Romania

In order to operate in the Romanian cryptocurrency industry, companies need to obtain a crypto license in Romania. Our team of Romanian lawyers can offer legal assistance on the current legislation, licensing requirements and on the obligations crypto businesses have upon incorporation and after they start their activities. It must…

Fiscal Representative in Romania

A fiscal representative in Romania is mandatory for companies based outside the European Union (EU) which conduct taxable activities on the Romanian territory. It must be noted that it is illegal for such companies not to appoint a fiscal representative and failure to register can lead to significant penalties and…

Power of Attorney in Romania

by Vlad Cuc A Romanian Power of Attorney (POA) has the same basic concept as one in the Western legislations: a document empowering someone else to handle a certain task on behalf of another person/company. Quick Facts Entities that can be granted with the power of attorney Companies, individuals …

Virtual Office in Romania

by Vlad Cuc Our team of Romanian lawyers can provide a virtual office in Romania, as stipulated by the applicable legislation in the field. This is a service which can prove useful to certain start-ups or investors who do not dispose of a location that can be used as an…