Company registration in Romania

Romania itself is not an offshore jurisdiction. Standard tax rates, automatic exchange of financial information, open access to the Trade Register and company information - all this does not correspond to a low-tax jurisdiction. But only at first glance. The Romanian government has created good conditions for small businesses, IT companies, research firms, legal entities engaged in technological developments. If companies in Romania operate in such areas, plan to enter the EU market and need relatively cheap labor, then it makes sense to start a business in this jurisdiction.