Investment Legal Framework

Types of Business

There are no specific investment approvals required for setting up a business in Romania. The procedure requires fulfilling certain legal formalities such as getting a judge’s approval, and registering with the Romanian Trade Register and the Fiscal Administration.

Mergers and Acquisitions

Transactions represent one of the best and fastest ways of improving any company’s commercial and strategic position on the market place. Romania, in the light of EU Accession, has seen a significant increase in the number of mergers and acquisitions over the recent years.

Investment Support

Over the years, various tax incentives aimed at fostering foreign investment have been provided by Romanian legislation. The foreign investment regime has been affected by continuously changing legislation, particularly in view of the country’s accession to the European Union.

Taxation

Romania’s competitive fiscal regime puts our country amongst the most appealing in the region. Moreover, in Prospects for 2007 and 2008, EUROSTAT forecasts strong domestic expansion and loose fiscal policy for Romania's economical development.