Corporate Secretarial Alin Mihai Corporate Secretarial Alin Mihai

Changing Your CAEN Codes in Romania: The 2026 Deadline Trap

Every Romanian company must align its activity object to CAEN Rev. 3 by 25 September 2026, and the conversion is not automatic. Add to that the ordinary need to change what your company does, and there are two filings owners confuse. This guide separates them, sets out who approves the change, the procedure, the costs, and how foreign owners handle both remotely.

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Corporate Secretarial Alin Mihai Corporate Secretarial Alin Mihai

Beneficial Owner Declaration in Romania (UBO): A 2026 Guide for Foreign Owners

Every Romanian company must declare who ultimately owns or controls it. Most owners file once and forget, until a bank, notary, or counterparty asks for proof the register is current and a routine transaction stalls. This guide covers who must file, the deadlines owners miss, the ONRC procedure, the penalties, and how foreign owners handle it all remotely, in English.

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Corporate Secretarial Alin Mihai Corporate Secretarial Alin Mihai

‍ ‍How to Suspend the Activity of a Romanian SRL in 2026 and How to Resume It

Your SRL has no activity but ANAF still expects declarations. A formal suspension at the Trade Register stops the operational clock for up to three years, cancels your VAT code, and qualifies you for a derogatory filing regime. This guide covers both suspension and resumption: procedure, documents, costs, tax obligations that survive, and the traps that lead to involuntary dissolution.

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Company Incorporation Alin Mihai Company Incorporation Alin Mihai

How to Open a Bank Account for Your Romanian SRL in 2026: The Complete Guide for Foreign Founders

From 2026, every Romanian company must hold a bank account — and newly incorporated SRLs have just 60 business days to open one. Miss the deadline and ANAF can declare your company fiscally inactive, cancel your VAT registration, and start a 12-month countdown toward dissolution. This guide covers everything foreign founders need to know: the legal obligation under Law 239/2025, the documents required, how the KYC process works for non-resident shareholders, which banks offer remote onboarding, and how to avoid the most common problems that delay or block account opening.

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Alin Mihai Alin Mihai

Fiscal Inactivity in Romania 2026: How ANAF Declares Companies Inactive, Consequences, and How to Reactivate

Since 1 January 2026, the Romanian tax authority (ANAF) can declare companies fiscally inactive for two new reasons: not having a Romanian bank account and not filing annual financial statements within five months of the deadline. A company that remains inactive for more than one year faces dissolution. Here is what triggers fiscal inactivity, what the consequences are, and how to reactivate or prevent it.

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