Fees and timelines in 2023

payment method by instalmentIncorporation 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. Refer to the invoice embedded here.

Different Romania entity typesCostDraft invoice
Tax resident LLC€8,820View invoice PDF
JSC€8,820View invoice PDF
Branch of a foreign company€10,120View invoice PDF
Representative office€10,120View invoice PDF
Free zone LLC€14,620View invoice PDF
Turnkey solution€17,070View invoice PDF

Timelines

The average Romania company registration period is 10 weeks as outlined below:

ServiceLLCJSCBranch officeRepresentative officeFree zone
Engagement planning1 week1 week1 week1 week1 week
Company incorporation2 weeks2 weeks3 weeks3 weeks5 weeks
Corporate bank account approval3 weeks4 weeks4 weeks4 weeks4 weeks
Corporate internet banking approval3 weeks3 weeks3 weeks3 weeks3 weeks
Engagement completion1 week1 week1 week1 week1 week
Total engagement period10 weeks11 weeks12 weeks12 weeks14 weeks

romania business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Romania, please contact our in-house country expert, Ms. Pam Tharmaraja, directly:
client relationship officer - Pam
  • Ms. Pam Tharmaraja
  • Senior Client Relationship Officer
  • Contact me!