Romanian micro-company

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"a flat 3% corporate taxe on income" - is there a maximum⁠ turn-over? Sounds like a nice way to tax your profits if you have a separate⁤ company operating the business and moving the profits for what ever reason (licence, consulting, ...)⁣
 
1 million euro turnover max for the 3%. Above 1 million you pay 16% and‌ you are not classified as micro enterprise anymore.
 
I would‍ like to see some links and names of reliable Agency services, accountants or lawyers in⁠ Romania whoc is able to help establishing a company there.
 
I spoke to my accountant and she said it really doesn't matter what anyone offers‌ in regards of Corp tax as if your country is 'CFC' then you will pay‍ the difference in Corp tax in your home country and pay dividends tax if your⁠ country imposes it.
She said even if you have employees but you are the ultimate⁤ ubo it's still taxed in your home country...
 
I will post an address that I found last year. I contacted them‍ and they reply very quick each time than I was writing them. Their prices are⁠ very correct. But I don't have now the link. I wil check in other pc⁤ and I will post it if it's not considered as spam
 
Is this⁣ specific to Romania? Most countries have some form of economic substance exemption in their CFC⁢ rules
 
Well I know for Croatia , as‍ I asked my accountant and this isn't a good idea.. for other countries idk.
Further more in Croatia all legislation is done in a way so it can be interpreted⁠ any way they like ...
 
I just said what I know for sure about Croatia. Perhaps someone from Croatia‍ is looking at this and thinking about using such solution for themselves...
 
Thank you for the link, much appreciated. It would be nice to learn about a‌ agent in Romania who someone has made use of.
 
I live in Romania, i have company here, and if someone is interested to incorporate‌ a company here and open bank accounts, i can put in contact with my accounting‍ firm, which i use them for over 9 years, they can provide solutions for every⁠ business, they are licensed by CECCAR as expert accounting firm.
 
How is it with VAT, income tax, requirement for an office, staff, contact person and‌ all that for foreign income for a company owned by foreigners?
 
You better provide a link to that accounting firm so we may be able to⁣ learn more about them.
 
They do not have a website,‍ work only thought recommendation.

@busdriver
A foreign person can establish a company here same easy⁠ as a citizen, only that if you want to take VAT you need first to⁤ take NIF ( is a personal number for fiscal identification ) for each foreign shareholder⁣ of the company. Office can be rented for 1 year at lawyer ( virtual only⁢ ), contact person is not mandatory but always is the accountant/lawyer, the tax ( for︀ micro, below 1m EURO turnover ) is 3% on the turnover and 5% applied again︁ on the profit, and add of course costs of taxes for employees, VAT etc.
 
In Romania is pretty easy to do everything, even open a bank account, even if‌ you are not a resident. I just set up a company in Romania as well.‍ As Bulgaria, they're not "digital-friendly" at all, but it's still worth.
 
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