Types of Companies in Romania in 2026: SRL, SA, PFA, Branch — Which One Should You Choose?
Romania offers several legal structures for doing business — SRL, SA, PFA, branch office — and choosing the wrong one can cost you thousands in taxes, expose you to unlimited personal liability, or block you from the 1% microenterprise regime entirely. This guide compares every entity type available in 2026, updated for the new share capital rules under Law 239/2025, the simplified micro tax regime, and the revised dividend tax rate. Includes a side-by-side comparison and practical recommendations for foreign founders.
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.
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.