Last reviewed 22 Mar 2023
| Name in local language | Registrable in commercial register / legal entity | Minimum capital | Sole shareholder company | |
| Limited liability company | Societate cu raspundere limitata (SRL) | yes / yes | At incorporation RON 500 (approx. EUR 100);
After the net turnover exceeds RON 400,000, minimum share capital becomes RON 5,000 |
Yes; an individual or a legal entity may be sole shareholder in more than one limited liability company. Maximum 50 shareholders. |
| Joint-Stock Company | Societate pe actiuni (SA) | yes / yes | At incorporation RON 90,000* (approx. EUR 17,680) | no (at least 2 shareholders) |
| Cooperative | Societate cooperativa | yes / yes | RON 500 (approx. EUR 100) at least RON 10 per share; each shareholder may hold maximum 20% of the share capital | no (at least 5 shareholders) |
| General partnership | Societate in nume colectiv (SNC) | yes / yes | no | no |
| Limited partnership | Societate in comandita simpla (SCS) | yes / yes | no | no |
| Partnership limited by shares | Societate in comandita pe actiuni (SCA) | yes / yes | RON 90,000* (approx. EUR 17,680) | no |
| Registered branch office | Sucursala | yes / no | n / a | n / a |
| Permanent establishment | Sediu permanent | no / no | n / a | n / a |
* The Romanian Government is entitled to adjust the minimum capital requirement by statutory order every two years, so that it reflects the RON equivalent of EUR 25,000.
Exchange rate: EUR 1 = RON 5.0905 (average)
Key Romanian Company Law Updates Applicable as of 2026
■ Dividends (including interim dividends) may be distributed only if prior adjustments have been settled, accumulated losses are covered, and net assets remain above 50% of the share capital.
■ Where net assets fall below 50% of the share capital, both dividend distributions and the repayment of shareholder loans are prohibited until the situation is remedied.
■ If net assets are not restored within two years, shareholder loans must be converted into share capital, and the company may be exposed to dissolution risks. Non-compliance may trigger fines ranging from RON 10,000 to RON 300,000.
■ Transfers of shares in limited liability companies are enforceable against the tax authorities only upon timely notification, submission of a tax clearance certificate, or provision of guarantees covering outstanding tax liabilities.
■ Taxpayers must maintain an active bank account in Romania or an account with the State Treasury throughout their operations; failure to comply may result in the taxpayer being declared inactive.
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Opening Hours:
Mo-Th: 08:00 – 17:00
Fr: 08:00 – 14:00
Opening Hours:
Mo-Th: 08:00 – 17:00
Fr: 08:00 – 14:00
