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The first step in the life of any business is setting up the company – whether we talk about SRL, PFA or even NGO (association or foundation).
Changes within the company are sometimes necessary (e.g. appointing a new administrator), changes that must be updated in the Trade Register.
The deletion of a company should not be an event and certainly not a negative one, but rather a simple and predictible procedure.
Opportunities or problems often arise in the life of a company, that require a legal approach, beyond the business approach.
As natural persons need a domicile, all legal persons (companies) need to have a headquarters, even if only for receiving correspondence.
Even if during the first months you don’t issue even one invoice, you will still need to submit the quarterly statement to ANAF.
To protect the brand you are building, you will need to register your company name and logo with OSIM (State Office for Inventions and Trademarks).
Cash flow is a company’s oxygen. That’s why it’s mandatory to collect all unpaid invoices from customers or business partners.
After setting up your Romanian company and once you begin the activity, you will need to sign contracts with clients, providers, partners etc.
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