Why Romania is the perfect destination for your business and citizenship: Manimama will tell you

Romania, strategically located in Southeastern Europe, is an attractive destination for company registration due to its strategic position as a gateway between Western Europe and the Balkans. The country offers a favorable business environment with a low corporate tax rate of 16%, one of the lowest in the European Union (EU). With a highly skilled and multilingual workforce, particularly in IT and engineering, Romania is an ideal location for company registration and acquiring European citizenship.

At Manimama, we ensure a seamless company registration process in Romania. With our expert guidance and support, you can start your business journey with confidence, knowing you have the best team by your side.

Why is Romania an Appealing Jurisdiction for Company Formation?

• Strategic location and growing economy. Romania offers a gateway between Western Europe and the Balkans. Its growing economy is bolstered by significant improvements in infrastructure and a favorable business climate.
• Competitive tax rates. The corporate income tax rate in Romania is 16%, one of the lowest in the EU. Additionally, personal income tax is set at 10%, with certain exemptions.
• Skilled workforce. Romania boasts a highly skilled, multilingual workforce, particularly in the IT and engineering sectors. This makes it a prime destination for tech companies and startups.
• EU membership benefits. As an EU member, Romania provides access to a large single market and various EU trade agreements, facilitating business expansion and operations.
• Efficient registration process. With Manimama, you benefit from a streamlined company registration process, ensuring compliance with all local regulations. Our comprehensive packages cover everything from company name selection to obtaining necessary permits.

Our Services for Company Formation

We offer a wide range of services regarding the incorporation of your company in Romania. These include, for example:

Company Formation

Our services include choosing a company name, setting up a registered address, incorporation, and opening a banking account. We handle all the paperwork, so you can focus on your business.

Corporate Services

We offer VAT registration, document apostille, accounting services, and local director services to support your ongoing business needs.

Payment Options

We facilitate setting up payment accounts in EU banks, corporate accounts on crypto exchanges, and other financial solutions tailored to your needs.

With more detailed services you can familiarize yourself on our website or write to us by [email protected] or @manimama_sales.

Benefits of Romanian Сitizenship

• Privileges of the European Union: Romanian citizenship opens up opportunities for living, working and studying in all EU countries. You can travel visa-free to more than 170 countries and enjoy the benefits of EU residence.
• Simplified process of obtaining citizenship: Romania offers a simplified citizenship program. With Manimam's expert assistance, you will be able to go through the process efficiently, starting with the initial documentation and ending with the receipt of your EU passport.

Steps to obtain Romanian Сitizenship

1. Signing a cooperation agreement with us.
2. Preliminary check. We need to get such documents from you as an internal passport (all pages with marks), international passport (fold with photo and data), birth certificate.
3. Preparation of a detailed dossier. The dossier is prepared within two weeks. We will need a number of different documents from you (for example, marriage certificates, birth certificates of parents, etc.)
4. Submission of documents to the Ministry of Justice of Romania. The applicant is guaranteed to receive a DOSAR number in his hands, confirming the acceptance of his file by the Romanian authorities and placing him in an electronic queue for obtaining Romanian citizenship.
5. Take an oath and get a passport. After receiving the citizenship order, take the oath at the Citizenship Department. After that, you will receive a Romanian passport.
6. Obtaining a passport of an EU citizen. To become a full-fledged EU citizen, it is necessary that a complete package of European-style internal documents be issued. Result - full citizenship of the EU.

To learn more about becoming a Romanian citizen contact us!

Taxes in Romania

Corporate income tax (CIT)

• The standard rate is 16%.
• Companies whose turnover for the previous year exceeded €50,000,000 and which in the reporting year set their CIT below the minimum turnover tax are liable to pay CIT at the level of the minimum turnover tax - 1%.
• Romanian taxpayers engaged in activities such as gambling and nightclubs are taxed at a rate of 5% of income derived from such activities or 16% of taxable income, whichever rate is higher.

Personal income tax (PIT)

• A flat PIT rate of 10%.
• Exemption from the taxation:

Value-added tax (VAT)

• The standard rate is 19%.
• There are reduced rates of 9% (water, food & beverage industry, medical treatments and prosthesis, hotel accommodation, restaurant and catering services, provision of social housing under certain conditions, entrance fees to sports events, castles, museums and cinemas) and 5% (school books, newspapers, magazines).
• The mandatory VAT registration must be performed when the annual turnover of Lei 300,000 (approx. €60,277) is exceeded.

Why Сhoose Our Services?

Expertise in Romanian Regulations

1. Manimama has an in-depth understanding of Romania's legal and regulatory framework.

2. Our team ensures all legal requirements are meticulously met for a seamless company formation process.

Efficient and Timely Service

1. We pride ourselves on our swift turnaround times, ensuring your company is registered promptly.

2. Our efficient processes minimize delays and get your business up and running quickly.

Client-Centric Approach

1. Manimama prioritizes customer satisfaction by offering personalized support and guidance.

2. Our dedicated team is always available to address any concerns and provide expert advice.

Final Thoughts

Romania stands as an excellent jurisdiction for both company registration and obtaining EU residency or citizenship.

For businesses, Romania's low corporate tax rate of 16%, combined with tax incentives for IT and R&D, makes it an appealing destination for industries like technology, automotive, manufacturing, and fintech. The country's rapid infrastructure development, skilled workforce, and robust banking system further enhance its attractiveness. Cities like Bucharest and Cluj-Napoca are emerging hubs for innovation, offering plenty of opportunities for growth and expansion in the European market.

Beyond its business advantages, Romania also provides a pathway to long-term residency and eventual citizenship within the European Union. Through company registration and investment in the country, entrepreneurs and their families can benefit from residency programs, enjoying the freedom to live, work, and travel within the EU. For many, this opens doors not only to new markets but also to an enhanced lifestyle with access to world-class healthcare, education, and a stable political environment.

With Manimama by your side, the process of establishing your business and securing residency in Romania is seamless and efficient. Our expert team is here to guide you through every step, ensuring that your business thrives and that your long-term personal goals—whether business growth or obtaining EU citizenship—are within reach.

Our contacts

If you want to become our client or partner, feel free to contact us at [email protected].

Or use our telegram @ManimamaBot and we will respond to your inquiry.

We also invite you to visit our website: https://manimama.eu/.

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We will provide you with a quality consultation regarding your request.