Introduction

Romania is a small country in Central Europe, nestled between the Carpathian Mountains to the north and the Danube River to the south. Romanian culture and language

Romania's economy is growing fast. The labour market in Romania is developing rapidly, creating many employment opportunities. With over 20 million inhabitants, Romania is one of the most important markets in Europe

Low-cost living in a beautiful country

The time is right to set up a business in Romania

What are the requirements to set up a business in Romania Can non-residents apply for a business bank account in Romania

Romania is a small country in Central Europe, nestled between the Carpathian Mountains to the north and the Danube River to the south.

Romania is a small country in Central Europe, nestled between the Carpathian Mountains to the north and the Danube River to the south. It has a population of over 20 million people, making it one of Europe's most populous countries.

It's also one of Europe's fastest growing economies -- with an average GDP growth rate of 5% since 2000 (compared to just 2% for all 28 EU members).

Romanian culture and language

Romanian culture, language and people are all great reasons to set up a business in Romania.

Romanian culture is rich with history and traditions that have been passed down through generations. Romanians are proud of their heritage, but they also embrace modernity and change when necessary. In fact, there are many similarities between Romanian culture and Western European countries such as France or Germany - which makes sense since they were once part of the same empire!

Romania has its own unique language called Romany (or Rromani). It's related to other languages spoken in Eastern Europe such as Bulgarian or Macedonian; however there are many differences between each one so it can be difficult for foreigners who don't speak any of these languages well enough yet know how similar they sound when compared side-by-side (which is why most foreigners learn Romanian first before learning another Slavic language). You might think this would make things harder but actually having two different sounds helps us distinguish between them better than if they were identical sounding!

Romania's economy is growing fast.

Romania's economy is growing fast. The country's GDP growth rate was 4.1% in 2017, and it's expected to grow at a rate of 5% in 2019.

The economy has been expanding for years now, but there are some specific reasons why you might want to set up a business here:

The labour market in Romania is developing rapidly, creating many employment opportunities.

Romania has a rapidly developing labour market. There are many employment opportunities and the labour market is becoming more flexible and competitive.

The Romanian economy has been growing at an average rate of 5% per year since 2008, making it one of Europe's fastest growing economies. In 2016 alone, Romania had one of Europe's highest GDP growth rates at 6%.

With over 20 million inhabitants, Romania is one of the most important markets in Europe.

Romania is one of the most important markets in Europe. It has a population of over 20 million inhabitants and it's one of the largest countries in Europe. The Romanian economy is growing fast thanks to its strong industrial sector, which includes companies like Dacia and Ford Automobile Romania (part of Ford).

The country's infrastructure has also been improved over time: there are more than 1 million km paved roads, while internet access has increased by more than 50% in recent years (from 21% in 2016 to 34% at present).

Low-cost living in a beautiful country.

Romania is a beautiful country.

It has a temperate climate and it's safe to live in. You can find everything you need here, from food to clothes and even entertainment! The cost of living is very low compared to other European countries, so it's an excellent opportunity if you're looking for an affordable place where your money will go far.

The time is right to set up a business in Romania.

The time is right to set up a business in Romania. The country's economy is growing fast, the labour market is developing rapidly, and it has over 20 million inhabitants. It also has low cost of living and beautiful country side.

What are the requirements to set up a business in Romania

Romania is a member of the European Union and the Schengen Area, so if you have an EU passport, you will be able to travel freely between Romania and other European countries.

The country has over 20 million people and its economy is growing steadily thanks to low unemployment rates and high productivity levels.

Romania has a low level of corruption compared with other countries in Eastern Europe or South America--in fact it ranks higher than many Western nations! This means that if you do business here, there's less chance that someone will try to take advantage of your naivety as a foreigner (or worse).

Romania also has excellent infrastructure: there are good roads linking all major cities; modern airports; reliable telephone lines; fast internet connections...the list goes on!

Can non-residents set up a business in Romania

You can set up a business in Romania as long as you are not a resident. You will need to register the company at the tax office and pay taxes on your income. You will also need to apply for an IRN (identification number) with which you can apply for other documents, such as bank accounts. The last step is registering your company with the trade register, which means that it'll be officially recognized by law enforcement agencies such as police or courts if needed.

Can non-residents apply for a business bank account in Romania

Yes, non-residents can open a business bank account in Romania. There are several banks that offer this service for non-residents and the process is similar to opening an account for a resident.

Conclusion

In conclusion, we can say that Romania is a great place to set up a business. It has a growing economy and low-cost living in a beautiful country. If you're looking for an alternative place to live or invest your money, then this article should give you some ideas on where to start.

 Please note that a jurisdictions’ requirements may change from time to time. Please contact us for current requirements in this jurisdiction.