Fees and timelines in 2022

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

Timelines

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

Service LLC JSC Branch office Representative office Free zone
Engagement planning 1 week 1 week 1 week 1 week 1 week
Company incorporation 2 weeks 2 weeks 3 weeks 3 weeks 5 weeks
Corporate bank account approval 3 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Corporate internet banking approval 3 weeks 3 weeks 3 weeks 3 weeks 3 weeks
Engagement completion 1 week 1 week 1 week 1 week 1 week
Total engagement period 10 weeks 11 weeks 12 weeks 12 weeks 14 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. Lee Wen Bin, directly:
Consultant at HC - Wen Bin
  • Ms. Lee Wen Bin
  • Client Engagements Department, Deputy Director
  • Contact me!