Immigration to Romania by starting a business with Nation Plus
Your Partner in Navigating Success and Opportunity! Experience seamless immigration, comprehensive business setup services, and unparalleled support every step of the way. Let us help you unlock your entrepreneurial potential and thrive in Romania’s dynamic and growing market. With Nation Plus, your journey to success in Europe starts here.”
Rich Cultural and Historical Heritage
Strategic Geographic Location
One of the lowest taxations in Europe
Access to Emerging European Markets
Explore the Hidden Gem of Europe:
Discover Romania with Nation Plus
Embark on a journey to Romania, a country where timeless landscapes and burgeoning economic opportunities meet. With Nation Plus, uncover the hidden treasures of Romania, from its captivating Carpathian mountains to the vibrant streets of Bucharest. This Eastern European nation is not just a picturesque destination but also a burgeoning hub for investment and growth.
Why Discover Romania:
Dynamic Economy: Dive into Romania’s rapidly growing economy, ripe with opportunities in technology, manufacturing, and agriculture.
Cultural Richness: Experience Romania’s rich tapestry of history, culture, and arts, reflected in its medieval castles, wooden churches, and folk traditions.
Strategic Location: Positioned at the crossroads of Europe, Romania offers strategic access to both Eastern and Western markets, making it an ideal location for business expansion.
Natural Beauty: Explore Romania’s stunning natural landscapes, from the serene Danube Delta to the mystical Transylvanian region.
Nation Plus guides you through the wonders of Romania, offering insights into its potential as a destination for starting or immigrating your business.
Registering a company and starting a business in Romania offer several advantages that can be appealing for entrepreneurs and investors.
Here are some key benefits:
1. Strategic Location
- European Union Membership:
Romania is a member of the European Union, providing access to a market of over 450 million consumers. - Geographical Advantage:
It serves as a gateway between Western Europe and Eastern Europe, facilitating trade and business expansion.
2. Favorable Tax Environment
- Corporate Tax Rates:
Romania has a competitive corporate tax rate of 16%, one of the lowest in the EU. - Microenterprise Taxation:
For small businesses, there are favorable tax rates: 1% on turnover for companies with one or more employees, and 3% for those without employees.
3. Skilled Workforce
- Highly Educated Workforce:
Romania has a large pool of well-educated, multilingual professionals, particularly in the fields of IT, engineering, and finance. - Competitive Labor Costs:
Labor costs in Romania are relatively low compared to Western Europe, offering significant cost savings for businesses.
4. Business Incentives and Grants
- EU Funds:
As an EU member, Romania benefits from various EU funding programs aimed at business development, research, and innovation. - Government Incentives:
The Romanian government offers various incentives for foreign investors, including tax exemptions and grants for specific sectors like IT, manufacturing, and renewable energy.
5. Ease of Doing Business
- Simplified Company Registration:
The process of registering a company in Romania is straightforward and can be completed in a few days. - Online Procedures:
Many administrative procedures can be done online, reducing bureaucratic hurdles and speeding up business setup.
6. Growing Economy
- Economic Growth:
Romania has one of the fastest-growing economies in the EU, driven by strong domestic consumption and investment. - Stable Economic Environment:
The country has shown resilience and stability, making it an attractive destination for business operations.
7. Infrastructure and Connectivity
- Modern Infrastructure:
Romania has made significant investments in improving its infrastructure, including transportation, telecommunications, and utilities. - Connectivity:
The country is well-connected by road, rail, and air, facilitating logistics and transportation.
8. Sector Opportunities
- Information Technology:
Romania is a hub for IT and software development, attracting numerous tech companies and startups. - Manufacturing and Automotive:
The manufacturing sector, particularly the automotive industry, is robust and offers numerous opportunities. - Renewable Energy:
There is growing potential in the renewable energy sector, supported by government initiatives and EU targets.
9. Cultural and Social Environment
- Cultural Richness:
Romania’s rich cultural heritage and vibrant cities offer an appealing environment for expatriates and international employees. - Quality of Life:
The cost of living in Romania is relatively low, providing a high quality of life for both locals and expatriates.
10. Legal and Regulatory Framework
- EU Legal Standards:
Romania’s legal and regulatory framework aligns with EU standards, ensuring a stable and predictable business environment. - Protection of Investments:
The country has signed numerous bilateral investment treaties, providing protection and security for foreign investments.
Overall, Romania presents a compelling destination for entrepreneurs and investors seeking to establish and grow their businesses in a dynamic and supportive environment.
Immigrating to Romania through entrepreneurship involves several steps and meeting specific criteria.
Detailed overview of process of
Immigrating to Romania through starting business
- Research and Business Planning
- Market Research: Understand the Romanian market, its opportunities,
and challenges in your chosen industry. - Business Plan: Develop a comprehensive business plan outlining your
business model, target market, financial projections, and
operational strategy.
- Market Research: Understand the Romanian market, its opportunities,
- Legal Requirements and Company Formation
- Choose the Type of Business Entity:
- Limited Liability Company (SRL): Most common for small to medium
businesses. - Joint Stock Company (SA): Suitable for larger businesses and
those looking to issue shares.
- Limited Liability Company (SRL): Most common for small to medium
- Register the Company:
- Trade Register: Register your company at the Romanian National
Trade Register Office. - Company Name: Ensure your chosen name is unique and not already
registered.
- Trade Register: Register your company at the Romanian National
- Choose the Type of Business Entity:
- Investment and Capital:
- Minimum Investment: There may be a minimum capital requirement,
especially for certain types of businesses. - Bank Account: Open a Romanian bank account and deposit the initial
capital.
- Minimum Investment: There may be a minimum capital requirement,
- Immigration Procedures:
- Business Visa: Initially, you may need a long-stay visa for business
purposes (D/AC). - Residence Permit:
- Temporary Residence Permit: Apply for a temporary residence
permit for business purposes. - Documents Required:
- Proof of company registration
- Business plan
- Proof of sufficient funds
- Health insurance
- Criminal record certificate
- Temporary Residence Permit: Apply for a temporary residence
- Renewal and Permanent Residency: After the initial permit, you can
renew it annually. After 5 years, you can apply for permanent
residency if your business is active and compliant with Romanian
regulations.
- Business Visa: Initially, you may need a long-stay visa for business
- Taxes and Accounting:
- Tax Registration: Register for taxes with the Romanian Tax
Administration (ANAF). - Accounting: Maintain proper accounting records and comply with
Romanian tax laws.
- Tax Registration: Register for taxes with the Romanian Tax
- Other Considerations
- Language: Romanian is the official language. While many people speak
English, learning Romanian can be beneficial. - Legal and Financial Advice: It’s advisable to consult with local
legal and financial experts to navigate the process smoothly. - Networking: Join local business networks and chambers of commerce to
establish connections and support.
- Language: Romanian is the official language. While many people speak
Make your decision with peace of mind – our consultants will answer all your questions completely free of charge.
Romania: A Land of Opportunity and Beauty - Discover with Nation Plus
Embark on a journey to Romania, a country where untapped potential meets breathtaking beauty. Nation Plus invites you to explore Romania, a land rich in history, culture, and economic opportunities. As one of Europe’s hidden gems, Romania offers a unique blend of scenic landscapes, vibrant cities, and a promising future for investors and expatriates.
Romania Unveiled: Features, Facts, and Future Prospects
Dynamic Economy: Romania is experiencing rapid economic growth, particularly in sectors like technology, agriculture, and tourism. Its integration into the European Union has opened up numerous investment and business opportunities.
Strategic Location: Nestled in Eastern Europe, Romania serves as a strategic gateway to both the European and Asian markets, offering significant advantages for international business expansion.
Rich Cultural Heritage: Romania is steeped in history, from the legend of Dracula in Transylvania to the historic castles and fortresses that dot its landscape. Its vibrant traditions and festivals offer a glimpse into the country’s soul.
Natural Wonders: Romania’s diverse natural scenery includes the picturesque Carpathian Mountains, the serene Danube Delta, and stunning Black Sea beaches, making it a haven for nature lovers and adventurers.
Burgeoning Tourism: With its medieval towns like Brasov and Sighisoara, Romania is becoming an increasingly popular tourist destination, offering opportunities for development in the hospitality sector.
Vibrant Urban Centers: Bucharest, the capital, known as “Little Paris,” is a hub of cultural and economic activity, while cities like Cluj-Napoca and Timisoara are centers of innovation and youth culture.
Future Outlook: Romania’s ongoing development in infrastructure, IT, and renewable energy sectors positions it as a promising destination for future investments and sustainable growth.
Discovering Romania with Nation Plus
Nation Plus offers comprehensive guidance for those looking to experience Romania, whether for investment, relocation, or exploration. We provide insights into the market trends, investment opportunities, and the best of Romanian life and culture.
Romania, with its mix of historical charm, economic potential, and natural beauty, presents a compelling destination for those seeking new opportunities in a country on the rise. Let Nation Plus be your guide to this enchanting land.
Bucharest: The Vibrant Capital
Bucharest, Romania’s largest city and capital, is often referred to as “Little Paris” for its elegant architecture and vibrant cultural life. This bustling metropolis is the economic heart of Romania, boasting a dynamic business environment with a strong focus on technology and innovation. Key attractions include the grand Palace of the Parliament, the historic Old Town, and the lush Herastrau Park. Bucharest’s nightlife, diverse culinary scene, and rich history make it a fascinating destination for visitors and a prime location for business opportunities.
Cluj-Napoca: The Silicon Valley of Eastern Europe
Cluj-Napoca, known as the unofficial capital of the historical region of Transylvania, is a hub for IT and creative industries. Often dubbed the “Silicon Valley of Eastern Europe,” this city is home to a thriving tech scene, with numerous startups and IT companies. Cluj-Napoca is also known for its vibrant cultural life, hosting various music and film festivals, and its well-preserved historical center, including the Gothic-style St. Michael’s Church.
Timisoara: The Cultural and Historical Gem
Timisoara, set to be the European Capital of Culture in 2023, is renowned for its multicultural heritage and architectural beauty. It was the first European city to introduce electric street lighting and is known for its numerous parks and gardens, like the Roses Park. Timisoara plays a crucial role in the country’s economic and cultural life, with strengths in industries like automotive, textiles, and IT.
Brasov: The Gateway to Transylvania
Brasov, nestled in the heart of Transylvania, is a blend of medieval charm and modern lifestyle. The city is famous for its Gothic-style Black Church, the lively Council Square, and its proximity to the legendary Dracula’s Castle in Bran. Brasov’s picturesque setting in the Carpathian Mountains, its well-preserved old town, and its growing business sector make it a popular destination for tourism and an attractive city for investors.
