Starting a business is the first step in developing an enterprise. The legal form of organization for economic activity is chosen based on the field of activity and the value of the financial investment.

There are several legal forms, from the simplest, such as Sole Proprietorship (PFA), Individual Enterprise (ÎI), and Family Enterprise (IF), to the more complex, like Limited Liability Company (SRL) and Joint Stock Company (SA). Access to economic activity, the registration and authorization procedures, and the legal framework for PFAs, ÎIs, and IFs are regulated by Emergency Ordinance no. 44/2008 concerning the conduct of economic activities by authorized natural persons, individual enterprises, and family enterprises.

Economic activities can be carried out in all fields, trades, occupations, or professions that are not expressly forbidden by law for free initiative. For the purpose of carrying out commercial acts, natural persons and legal entities can associate and establish commercial companies, in compliance with the provisions of Law no. 31/1990, republished, regarding commercial companies.

Sole Proprietorship (PFA)

A Sole Proprietorship (PFA) is established by a single individual who carries out economic activities independently without the possibility of hiring third parties under an employment contract.

Primary Consultation:

• Defining the scope of activity, specifying the main object.
• Determining the registered office and secondary offices, if applicable.
• Identifying documents to certify professional training or, as the case may be, professional experience.

Services Offered:

• Drafting loan-for-use agreements (contract de comodat), lease agreements for the registered office and/or secondary offices.
• Preparing documentation for registration with the Trade Register and authorization of the company: completing the registration application, completing the declaration for activity authorization, guidance for completing the tax registration form.
• Submitting documentation to the Trade Register Office and obtaining the unique registration code and activity authorization certificates.

Limited Liability Company (SRL)

A Limited Liability Company (SRL) is a company formed by one or more associates, who can be individuals or legal entities (maximum 50). Its obligations are guaranteed by the company's assets, and the associates are liable only up to the limit of their subscribed share capital. The share capital cannot be less than 200 lei.

Primary Consultation:

• Choosing, checking availability, and reserving the company name.
• Defining the scope of activity, specifying the main object.
• Determining the registered office and secondary offices, if applicable.
• Determining the share capital and the participation of the associates.
• Establishing how the company's control will be exercised.
• Appointing administrators, specifying their limits of competence and representation.

Services Offered:

• Obtaining the company name reservation.
• Drafting the articles of incorporation.
• Drafting sworn statements for associates/administrators.
• Drafting loan-for-use agreements, lease agreements.
• Drafting administration agreements.
• Certifying the date of documents (dare de dată certă).
• Preparing documentation for registration with the Trade Register and authorization of the company: completing the registration application, completing the declaration for activity authorization, guidance for completing the tax registration form.
• Submitting documentation to the Trade Register Office and obtaining the unique registration code and activity authorization certificates.

Joint Stock Company (SA)

A Joint Stock Company (SA) is a company formed by at least 2 shareholders, who can be individuals or legal entities. The company's obligations are guaranteed by its assets, with shareholders being liable only up to the limit of their subscribed capital. The share capital of a joint stock company cannot be less than 90,000 lei.

Primary Consultation:

• Choosing, checking availability, and reserving the company name.
• Defining the scope of activity, specifying the main object.
• Determining the registered office and secondary offices, if applicable.
• Determining the share capital and the shareholders' contribution to its formation.
• Establishing the administration system, specifying the limits of competence and representation.
• Determining how the company's control will be exercised, specifying the auditors or censor.
• Establishing the quorum conditions for the general meeting of shareholders.

Services Offered:

• Obtaining the company name reservation.
• Drafting the articles of incorporation.
• Drafting sworn statements for shareholders, administrators, and censors/auditors.
• Drafting loan-for-use agreements, lease agreements.
• Drafting mandate agreements.
• Certifying the date of documents (dare de dată certă).
• Preparing documentation for registration with the Trade Register and authorization of the company: completing the registration application, completing the declaration for activity authorization, guidance for completing the tax registration form.
• Submitting documentation to the Trade Register Office and obtaining the unique registration code and activity authorization certificates.