Full answer
The SRL (Societate cu Răspundere Limitată) is the Romanian equivalent of a UK Ltd or German GmbH and the default structure for over 95% of foreign-owned businesses. Minimum share capital is RON 500 (~EUR 100) since 2023.
Documents needed: notarized & apostilled passport copy of each shareholder, proof of registered office in Romania (lease, ownership, or virtual office contract), company bylaws (Act Constitutiv), and a power of attorney if you incorporate remotely.
We file the application with the National Trade Registry (ONRC) — typical processing: 3-5 business days after document completion. The result is a CUI (tax ID) and CIF (VAT-eligible registration code).
After incorporation, the next steps are: opening a corporate bank account (5-7 days), registering an electronic signature (ANAF), and optionally registering for VAT (mandatory if expected turnover > EUR 88,500).
Total realistic timeline: 10-14 business days end-to-end if you have all documents ready. The exact document set depends on the shareholders, registered office and planned activities.