Can a foreigner open a company in Romania?
Christopher Davis
Updated on March 10, 2026
In order to open a company in Romania, it is necessary to register it with the National Trade Register Office, an institution which operates under the Chamber of Commerce and Industry. The Romanian government has launched a start-up visa for entrepreneurs from other countries who want to do business in Romania.
Is Romania a good country to do business?
The city state is mostly known as a major financial center in Southeastern Asia. With a strong economy, a vibrant expat community and plenty of business opportunities, the city-state has surely won its place among the most open and most exciting business hubs of the world.
Is it easy to do business in Romania?
Key opportunities to doing business in Romania: Starting a business: The incorporation process of a new company in Romania is relatively easy: it takes an average of 8 days to open a new business, placing Romania at 48 in the World Bank’s Ease of Doing Business rankings.
How do I start a business in Romania?
How to set up a company in Romania in 4 steps
- Choose what type of company you want. For most entrepreneurs, the best option will be a limited liability company.
- Choose and reserve a company name.
- Prepare your company incorporation file.
- Get an accountant.
Which business is best in Romania?
Best Business To Start In Romania
- Start a food truck ($18M/year)
- Start a dog walking business ($648K/year)
- Start an online language coaching business ($2.88K/year)
- Start a personal training business ($720K/year)
- Start a sports coaching business ($57.1K/year)
- Start a cloud management software ($144K/year)
How much does it cost to open a company in Romania?
Incorporation costs in Year 1 amount to €3,850 and annual company costs in Year 2 and thereafter amount to €0. The average fee per Romania engagement amounts to €8,820, which includes company incorporation, opening a local corporate bank account, and all government fees.
How safe is Romania?
There is no travel warning in Romania. Despite everything that is going on in the world, Romania remains one of the safest countries in Central and Eastern Europe, with a crime rate below the European average. According to the Global Peace Index, Romania is a peaceful country, with a score of 26/162.
How many businesses are in Romania?
Number of new companies in Romania At the same time, the Romanian National Trade Register reported that over 100,000 companies were deregistered in 2016. The number dropped to 80,181 companies by 2018.
What is the cost of doing business called?
It is useful to estimate the business’s net income in terms of accounting periods. The cost of doing business is also known as. an expense.
How is the ease of doing business in Italy?
Italy ranks 58th for overall ease of doing business and 98th for starting a business, out of 190 economies. Starting a business in Italy can take less time but costs more than the EU average.
How to start your own business in Europe?
set up your own business (even as a sole trader) in any EU country, Iceland, Norway or Liechtenstein. set up a subsidiary branch of an existing EU-based business that is already registered in one EU country.
How to register a business in another EU country?
registering a company in another EU country online (through the national contact points) There are different EU funds available for startup businesses. To find out which one meets your needs, as well as information on support and resources, visit the Startup Europe Club.
How long does it take to start a business in Italy?
Starting a business in Italy can take less time but costs more than the EU average. Across a sample of 13 Italian cities, starting a business can take about a week on average. This is five days faster than the EU average. However, it costs 13.8% of income per capita, the highest in the EU.
