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What is the cost of registering a business?

After analyzing a product, the next thing that interests us is the price, or rather the value that the product holds. While the value of a product is subjective, the role of our article is to analyze the price distribution for company formation services.

Stefan-Lucian Deleanu

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Conflict of Interest Declaration:

Incorpo.ro is a company registration platform, and therefore, we are subjective regarding the value of our offer.

In this article, we have attempted to provide sources for our analysis so that the information can be verified. However, we encourage you to approach the content with a degree of skepticism.
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The article is originally drafted in RomanianAutomated translations into other languages may be imperfect.

Costs for publication in the Official Gazette

The only "mandatory" fee for establishing a company is the publication cost in the Official Gazette, which is imposed by the Chamber of Deputies, as of the date of the article. Decision 18/2023.

The cost covers the expense for publication in the Official Gazette and is actually charged by them, not the Trade Register. Since the law mandates publication in the Official Gazette for the enforceability of your company (along with the Electronic Bulletin of the Trade Register), public institutions have agreed that the fee should be collected, by delegation, by the ONRC, even though the money does not ultimately reach them.

Publication fees, according to Decision 18/2023

Publish in the Official Gazette (For establishment + amendments) Ready to publish
5.1. Publication of the documents provided by Company Law no. 31/1990, republished, with subsequent amendments and completions 128 lei per page of manuscript
5.2. Publication of other acts provided by law 128 lei per page of manuscript

The prices are listed on the page, so a company may, in theory, cost more than 128 RON for publication in the monitor, although this situation is exceptional, as what is published (the registrar's decision) often contains significantly fewer characters.

Did you know that the Trade Register offers "document drafting assistance" services?

They represent the very activities carried out by companies like Incorpo.ro, Startco.ro, Aprobat.ro, and others. The costs are significantly lower and are suitable for the establishment of simple businesses.

However, for more serious consulting and over a longer period, collaborating with a firm may become advantageous.

The fees charged by the Trade Register

In certain situations, you can benefit from specific services provided by the trade registry, in which case their service is chargeable, albeit at a modest fee.

Unlike the publication fee in the Official Gazette, these prices are not mandatory but optional, depending on whether you wish to collaborate with the trade register for assistance in registering or modifying your company.

These prices are set by the Ministry of Justice, in collaboration with the National Trade Register Office, the latest regulatory administrative act in this regard being ORDER no. 379/C of February 12, 2024, which can be viewed in image format below:

Price table for the assistance services provided by ONRC

No. Service Name The fee (lei)
1. Drafting documents for legal entities:
  • Initial or updated articles of incorporation
  • Status for LLC with a sole shareholder (initial or updated)
  • Articles of Association and/or Company Contract (initial or updated)
  • Family Business Incorporation Agreement (including special power of attorney)
136.13/act
2. Drafting of amending documents:
  • Additional Act
  • Resolution of the General Assembly
  • Decision of the board of directors/single associate
Possible modifications:
  • Registered office/professional headquarters
  • Company name
  • Operating duration
  • Legal form
  • Main domain and primary activity
  • Activity object (CAEN coding)
  • Administrators, authorized representatives, directors, agents, auditors
  • Members or associates (admission, withdrawal)
  • Share capital or dedicated assets
  • Workplaces or secondary offices
  • Division or merger
  • Dissolution or liquidation
  • Old elements of the articles of incorporation
  • Additional Act for Family Businesses
41.60 + 10% / additional element
3. Additional services:
  • Deadline for documents drafted by assistance services
9.08 per act

The fees charged by lawyers

When it comes to accounting firms or lawyers, prices vary, and there is no standard fee for any type of service.

Moreover, registering a subsidiary of Apple Inc in Romania requires a deep understanding of corporate law, knowledge of certain elements of private international law, and an understanding of business needs.

It is entirely different to register a simple company based on the templates of constitutive documents proposed by the Ministry of Justice, or those that do not require special conditions, arbitration clauses, complex structures, etc.

Guideline on Minimum Fees

Finding a liberal profession, there is no definitive price established for any legal service.

Even so, the National Union of Bar Associations in Romania publishes aGUIDE TO MINIMUM FEES", establishing prices that have practically become the minimum in the profession."

Engaging in pricing below those established by this guide is viewed unfavorably by colleagues, which makes them largely mandatory, obviously with certain exceptions.

The minimum fee charged by lawyers for company registration:

Thus, according to the statute of the legal profession, you can expect a starting price of over 580 RON for registering your company.

The price is reasonable, but it is slightly higher than some offers from private suppliers.

1.7. Legal consultations, drafting of legal documents for transactions / civil contracts / supplementary acts / statutes and constitutive acts for the establishment of legal entities – hourly fee, but not less than 580 lei;

In our opinion, the price is reasonable as long as the lawyer spends the necessary time informing the beneficiaries and facilitating the registration of their company.

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In certain situations, the commercial register may grant extensions, which may involve either drafting additional documents or intervening in a public hearing procedure to clarify administrative aspects and obtain the registration of your company or your annotations.

In the above situation, the price increases significantly, according to the statute, the prices being:

2.10 Actions and requests in the field of commercial companies regarding Law 31/1990 and other special laws:

a) application for intervention in the registration of documents/notes with ONRC – 2,030 lei;
b) complaint against the resolution of the ONRC Director – 2,030 lei;
c) actions regarding exclusion, withdrawal, dissolution, annulment of the GMS decision - 3,480 lei.

Practically, this could mean that your company will have to pay an additional 2030 RON if the registration of your company is halted due to a postponement, although we believe this paragraph is not commonly applied in practice by most lawyers.

The prices charged by specialized firms

The prices are valid as of September 23, 2024.

This does not constitute an offer to contract, nor does it imply any affiliation between Incorpo.ro and these companies.

Unlike law firms, where prices vary less due to this framework of minimum fees recommended, In the case of specialized companies, things vary much more.

Below, we have prepared a list of suppliers along with their respective prices. Each supplier has a link through which you can access their pricing page.

Price for company registration through Incorpo.ro:

Incorpo.ro operates on a subscription-based system, with companies registered for 50 EUR (covering publication costs and electronic signature), and subsequently paying a monthly subscription that provides features such as:

  • Amendments in the commercial register
  • Registered Office hosted at Incorpo.ro
  • Assistance regarding companies from AI-incorporate.ro, Alexandra
Incorpo.ro - Business registration in Romania
Incorpo.ro allows you to register and manage businesses in Romania, and benefit from only 1% income tax, in only 15 minutes.

The latest prices for company registration can be accessed here.

Service Tip Description Price
🌱 SEED
  • Fast registration in 3 days
  • 24/7 AI Consultancy
  • Head Office Hosting
€49 lunar (≈243 RON)
€49 setup fee (≈243 RON)
Total for the first month: €98 (≈487 RON)
🌿 Sapling
  • All the features of the SEED plan, plus:
  • Assistance with the registration of registered offices
  • Free modifications at the National Trade Register Office
€139 lunar (≈ 691 RON)
€49 setup fee (≈243 RON)
Total for the first month: €188 (≈934 RON)
🌲 EVERGREEN
  • All the features of the SAPLING plan, plus:
  • Social media marketing management platform (upgrade from Pro)
  • 1000GB Cloud Storage
  • Opening of bank accounts
  • Personal Consultant Incorpo.ro (4 sessions per month)
€499 lunar (≈2,480 RON)
No setup fee
Total for the first month: €499 (≈2,480 RON)

Price for company registration through Startco.ro:

Startco.ro is the most popular platform for company registration and modifications, with prices to match.

Service Tip Description Price
Establishment of LLC Limited Liability Company 778 RON
Establishment of a Sole Proprietorship Authorized natural person 400 RON
Establishing a Sole Proprietorship + Accounting We open your sole proprietorship for free with the GROW accounting subscription at €30/month. 0 RON

In addition to company registration services, they also offer accounting and invoicing services, which you can learn more about here:

With StartCo, you can establish and manage your online business without paperwork.
StartCo is the application where you can establish and modify your company, issue invoices, and manage your accounting digitally, simply, and without bureaucracy.

The prices offered by the Startco.ro platform, as of September 23, 2024

The services for hosting the registered office are offered by them for an annual fee of approximately 600 RON / year, from sediuvirtual.ro

Price for company registration through Aprobat.ro:

Another highly popular company is Aprobat.ro, which offers services similar to those of Startco.ro and incorpo.ro:

Plan Features Price
Open an LLC
  • Complete representation at ONRC
  • All applications and declarations
  • Name reservation at the National Trade Register Office
  • Articles of Incorporation and Lease/Loan Agreement
  • Approved Guide for Start-Up Businesses
  • Discounts on accounting and invoicing services
  • Optional: Hosting of registered office (additional cost)
648 RON
+128 RON Official Gazette
Total: 776 RON
Open a Sole Proprietorship
  • Complete representation at ONRC
  • All applications and declarations
  • Name reservation at the National Trade Register Office
  • Lease/Loan Agreement
  • Approved Guide for Sole Proprietorships Starting Out
  • Discounts on accounting and invoicing services
  • Optional: Hosting of registered office (additional cost)
399 RON
+0 RON tax Official Gazette
Total: 399 RON

The updated prices can be viewed using the link below.

Approved.ro - Company Incorporation (LLC - Sole Proprietorship) - 100% Online
Establish and modify your company (LLC or sole proprietorship) - 100% online. It's now easy to start a business. No travel and no bureaucracy. Social headquarters hosting and accounting services for startups.

The prices offered by the Aprobat.ro platform, as of September 23, 2024

The registration fee for companies through Dosario.ro

Dosario is a newly registered platform based in Cluj-Napoca, offering a wide range of company registration and modification services.

Plan Features Price
Establishment of LLC
  • Comprehensive assistance for establishing an LLC
  • Include all necessary documents
  • ONRC tax separate
599 Lei
+128 Lei ONRC tax
Total: 727 Lei
Establishment of a Sole Proprietorship
  • Comprehensive assistance for establishing a sole proprietorship
  • Include all necessary documents
  • No additional ONRC taxes mentioned
399 Lei
Total: 399 Lei
Company modifications (e.g., Change of registered office)
  • Assistance for modifying company data
  • Covers various types of changes
  • Single price regardless of the number of changes
  • Possible additional taxes for the Official Gazette
549 Lei
Total: 549 Lei
Radiere LLC
  • Comprehensive assistance for the deregistration of LLC
  • Include the necessary documentation
  • Variable ONRC Tax
699 Lei
+128~320 Lei ONRC
Total: 827~1019 Lei

The updated prices for registration through the platform can be accessed below:

Dosario Service Prices: Company Incorporations, Modifications, and Deregistrations - Dosario
Price list for Dosario services: Incorporations - Modifications - Deregistrations - Companies - 100% Online