In this video, I share my journey starting businesses in Romania since 2003, offering valuable insights for entrepreneurs. Key steps include learning the language, creating a company, understanding tax benefits, and staying updated on legislation. Viewers are encouraged to take a hands-on approach, build a strong network, and focus on operational excellence.
Romanian tax control measures are becoming increasingly stringent, with ANAF doubling the amount imposed controls (despite only a 10% increase in the number of audits during 2024). This aggressive enforcement trend shows no signs of slowing down. In fact, documentary checks are expected to increase by 100% in 2025, signaling a new era of heightened fiscal scrutiny.
Are you a foreign citizen looking to establish a business in Romania but the PFA legal form is not suitable for your needs? In that case, you can set up an LLC. Here are the requirements for opening an LLC as a non-resident.
Can a foreign citizen start a business in Romania?
Regardless of your nationality, as long as you have a good idea and plan, you can turn it into a successful business in Romania. All you need to do is decide on the appropriate legal form and begin the establishment process.
