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We helped a lot of foreign investors in opening and creation of a company in Romania and the registration of a company in Romania. We are experts in company creation in Romania as well as other services like business licences and permits, bank account openings complemented by internet banking , consulting services, administrative services, accounting.
Your benefits to open a company in Romania and to create a Romanian company:
Opening an operation in a new market is generally the most costly and time-consuming way to enter it, but the rewards and benefits can be great. There are important legal and financial implications involved in setting up a business. You should take advice from our accountants or business advisers and lawyers.
Here is what we offer:
Stable economy, politically and financially stable business climate.
Make greater gains on annual capital and personal and corporate tax reduction.
High levels of asset protection and tax planning can be achieved.
Favorable tax environment and low tax benefits.
Strict confidentiality and privacy laws and protection from lawsuits and creditor claims.
Lower levels of business risks.
Real estate planning.
Your customers will take you more seriously if you have a local base.
If you use a joint venture, you will be able to share the risk. You will also benefit from your partner's local knowledge and reputation. If you operate alone, all profits from the enterprise remain yours alone.
A local subsidiary company offers limited liability if things go wrong. It is also easier to expand than a local office. It provides an opportunity to extend your intellectual property rights and registrations into other markets.
Employee’s mobility is on many employers’ agenda for a wide number of reasons, including limited qualified resources and entering new territories. The procedure for detachment in Romania is one of Europe’s difficult cases and basically Romania looses a lot of taxes by a central agency that is working with a procedure that is contra productive and against migration to other regions in Europe. But with a lot of effort you will obtain your A1 form as employee or independent worker – PFA. We hope that the government will simplify the application to obtain European standards (e.g. Belgium you will have it in a couple of days by mail). For more info mail email@example.com
How to proceed in order to get the A1 form in Romania?
You can leave on a short assignment to another EU country (maximum 2 years) while staying covered by your home country's social security system; you will be then considered a posted worker. You can be either an employee posted by your employer, or a self-employed person (PFA). Rules on postings are designed to make it easier for you to work abroad for a limited period:
You won't need a work permit - unless you are an employee posted from Croatia to Austria, where restrictions apply to work in certain sectors.
You won't need to have your professional qualifications recognised; however, you may need to make a written declaration for some professions
You will keep on paying contributions to your home country's authorities
You will be covered by your home country's social security
In your host country you will however be subject to local rules - which means you could be asked to pay for services that are provided for free at home: find out about different social security systems in the EU
Once you retire, you won't have to deal with social security institutions from different countries - your host country's institutions will not be involved.
While EU rules ensure that you can stay covered by your home social security, there are no EU-wide laws laying down which country can tax your income during a posting. This may be set out in national laws or tax agreements between countries - but these agreements do not cover all eventualities and vary considerably.
Remaining in your home social security system with the A1 form from romania
If you wish to remain in your home social security system in Romania, you'll need an A1 form (formerly the E 101 form). This form proves that you and your dependents are still covered by your home system while abroad - for up to 2 years.
If you are an employee, make sure your employer gives you the A1 form
Keep this form with you
If you are self-employed, get the A1 form from the social security institution you are registered with in your home country and keep this form with you
For Belgium you need to register at www.limosa.be in order to obtain a form with a QR- code for labour inspections
You should be able to present the A1 form to the authorities at any time during your stay abroad. If you're unable to, you might have to pay social security contributions there. If you are checked and have a valid A1 form, your host country must recognise it.
Professional qualifications when you apply for an A1 form in Romania
To work temporarily in another EU country, you don't need to apply to have your qualifications recognised. Obligations of the employer in the EU outside of Romania If you are an employee, your employer is obliged to comply with the host country's basic rules on employee protection for the duration of your posting; these include:
minimum wage (your salary may not be less than the local minimum wage)
maximum work periods and minimum rest periods
working hours (you may not work more than a defined amount of hours)
minimum paid annual leave (you are entitled to holidays)
health and safety at work
employment conditions for pregnant women and young people
rules prohibiting child labour.
The A1 portable document is issued pursuant to the provisions of Regulation (EC) no. 883/2004 on the coordination of social security systems and those of Regulation (EC) No . 987/2009 of the European Parliament and of the Council of 16 September 2009, the regulations that apply in the relationship between EU Member States and European Economic Area.
Travelling in Romania;
Working in Romania;
Making money in Romania....
For more info on investements in Romania click:
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