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Romania company formation process. Romania Economy

company formation in romania - 2

General partnership – SNC
- minimum number of partners: 2 persons
Limited partnership – SCS
- minimum number of partners: 2 persons
Partnership limited by shares – SCA
- minimum number of partners: 5 persons
- minimum nominal value of a registered share is of 0,1 RON

Branches
- they are not legal persons
- before beginning their activity they are incorporated in the Commercial Register of the
county where they will operate
- the legal system of the branch shall be applied to any other secondary office, to which the founding company gives the statute of a branch they have the same object of activity as that of the mother company.

Subsidiaries
- represent commercial companies with legal personality.
- are set up in one of the forms of commercial companies specified by the Law No. 31/1990.
- legal treatment of the form of company in which they are set up is applicable.
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