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ROMANIA, THE REAL (LEGAL) TAX HEAVEN IN EUROPE

by Dennis Golden
3 years ago
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Anyone planning to register a company in European Union should know that european citizens (and not only european… ) have the opportunity, legally guaranteed, to start doing business where they find the better conditions to develop their projects… Well, one of the first aspects to take into account when deciding to start a business is taxation… Where could be found the best Tax facilities to operate a business? Looking into european countries, no doubt about that! Romania offer the BEST tax facilities anyone can find around, in UE, but probably even in the rest of the world, with a Corporate Tax as low as 1% for company ranging into One Million (1.000.000) turnover per year (Micro Companies… )!

So, this alone would be the NUMBER ONE reason to decide: Romania company registration is “the way to go” to save BIG taxes, in a totally legal way! But, over low taxes, there are many more benefits deciding to make this strategic move…

MAIN BENEFITS TO REGISTER A COMPANY IN ROMANIA

If you compare the Corporate Tax with the most part of European Countries, like Italy, France, Germany, Spain, and even UK, you will realize that just moving your company to Romania you will DOUBLE, or even TRIPLE your business Net Profits, just because of the different Corporate Tax and lower expenses to drive your business…CHEAPER WAGES… Wages in Romania are one of the lowest in the whole EU, second only to Bulgaria… Taxes on wages for the company owner are just 2.5%!

CHEAPER BILLS…

Electricity, gas and other bills are absolutely the cheapest you can find in Europe.

TOP INTERNET CONNECTIONS.

Very few knows that Romania is the third country in the world for Internet Connection Speed, as you will find very cheap 1 Gb /second Adsl speed almost everywhere!
Prices for a quality Adsl contract, start from Ä 4/month and can reach Ä 15/month for the Internet Tv contract, providing 1Gb Adsl Speed plus over 250 Tv Channels!

STRATEGIC LOCATION.

The geographic position of the nation is also strategic, because Romania can be a perfect bridge between west european countries and eastern ones!

BANK SYSTEM IN ROMANIA

Opening a Bank Account is very easy and fast for companies. The Banking System in Romania is absolutely modern and efficient, in line with all European Standards. Over the national banks, many other are available, with major banking groups from Italy, Austria, Spain, France and more…
Internet Banking facilities, available in english and more other languages, are a standard for any bank in Romania, as well as credit and debit cards!

COMPANY SETUP IN ROMANIA

Setting up a Company in Romania is really easy and the whole process takes just 3 working days.
Our Legal and Accounting staff can offer a wide range of legal and accounting services to support you step by step in the startup process of your company, as well as in the future developments of your business plan.

CORPORATE TAXES

Fiscal laws have been made so simple… Companies are divided in just two areas: Micro Companies and Macro Companies… First one are those who do not exceed the One Million (1.000.000) in yearly gross income. he second one are those who exceed the One Million (1.000.000) gross income!

Micro Companies are taxed at 1% if they employ at least one employee, or 3% if the have no employees.
Macro Companies are taxed 16% on net income
Dividend tax is as low as 5% for both segments!
Vat in Romania is just 19%

So deciding to register a company in Romania really is a strategic choice to grow up a business, securing the max possible profits! The bureaucracy is very light when it comes to register a company: all you need to provide is a business name, a short description of the company main activity purpose, and a copy of your document.. That’s all! This is everything is required to prepare the legal documentation.

Once signed all the documents, you will be be in Business in just 3 working days, taking advantage from the best “Legal Tax Heaven” available in Europe today!

Tags: EUROPEROMANIA
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