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Romania: Company Forms |
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INFORMATION: BUSINESS, TAXATION AND INVESTMENT |
Company
Forms
Various
company forms are available in Romania, including
the Limited Liability Company (SRL), the Joint
Stock Company (SA), the General Partnership (SNC),
Limited Partnership (SCS), and Partnership Limited
by Shares (SCA). Sole Proprietorships, Family
Associations, and Branches also exist, although
the latter does not have a legal personality distinct
from that of its parent company.
The
most commonly used company for resident businesses
is the Limited Liability Company (or Societate
cu Raspundere Limitata),
which must have minimum authorised share capital
of RON200, and can have just one shareholder.
SRLs can offer various classes of shares, including
registered, preference, with voting rights, without
voting rights, and redeemable.
A
Joint Stock Company (or Societate pe Actiuni),
meanwhile, must have at least one director and
five shareholders, and has a minimum authorised
share capital requirement of RON 90,000.
Further information
on Romania:
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