The Characteristics of the Micro Company in Romania

Find here extensive information on the characteristics of the micro company in Romania: https://romanianlawoffice.com/romanian-micro-company.htm.

1. The Characteristics of
the Micro Company in
Romania
A presentation brought to you by
RomanianLawOffice.com

2. Definition
A micro company in
Romania refers to a
legal entity that must
have a revenue of
maximum EUR
500,000.

3. Registration
This company type is
incorporated following the
same formation procedures
applicable to other corporate
entities.

4. Taxes
A micro company is
required to pay corporate
taxes in Romania.

5. Shareholding
The company needs at
least 1 shareholder.

6. The appointed director does not
have to be a Romanian resident.
Appointing Directors

7. The micro company
corporate tax is charged at
a rate of 1%.
Corporate Tax

8. Employment
It is necessary to have at
least 1 full-time
employee in order to
benefit from the reduced
corporate tax.

9. VAT
The company will pay
VAT in accordance with
the types of products or
services sold.

10. Excluded Industries
If you want to set up a micro company, you will
not be allowed to invest in the banking, insurance
or gambling sectors.

11. For more details, please contact us at:
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