You are fully entitled as a foreign citizen and resident to own a Romanian entity that sells products and services to clients globally.

Our service assures that you as owner and your Romanian company comply with all laws and tax regulations in Romania.

We can provide general, but not legal, advice based on our experience , but we can however not take responsibility for how your country of residence and/or citizenship will view your tax liabilities in that country for activities carried out by your Romanian company or how you will have to tax in your home country on dividends and other benefits you as owner will receive.

We advice all our clients to also seek legal advice by a domestic tax specialist in their country of residence and citizenship.

With current rules and procedures you are not required to travel to Romania neither for the incorporation of your company nor for ongoing declarations and interaction with Romanian authorities.

If you opt to use an online neo-bank (e.g. Revolut Business) you don't have to travel to Romania, whereas conventional bank requires physical presence of you for initial bank account openings.

There are basically two ways:

As owner you can pay yourself dividends after the closing of a fiscal year and correlated with the declared annual profit of the company. The company will pay 8% dividends tax to Romanian state and you as an individual are not liable to pay tax on the dividends in Romania. As a foreign citizen and resident however, your home country may require you to declare that as personal income and comply with tax laws of that country. When in doubt, we advice you to seek legal advice from a tax specialist in your country of residence and citizenship.

The company can enjoy 1% tax on revenue if it fulfils one of the following conditions;

• Employs a romanian resident on at least a minimum Romanian salary
• Has a Romanian resident Director/Administrator of the company registered as unpaid but working (in which case only social contribution is paid to the state)

We specialise in supporting foreign companies and entrepreneurs to fully capitalise on the cost and tax benefits of a Romanian micro enterprise, while still operating legally and safe in a international business context.

We are confident to state that we are the leading and the best firm in Romania with this speciality and deep knowledge of international tax laws.

You pay for our experience and solutions, not for getting a Romanian company. The company as such is merely a component in the total solution to deliver you significant savings on tax and operating costs.