Company formation
Setting up a company is the basis of any business and involves carrying out the procedures necessary for registration with the Trade Registry (ONRC). Choosing the legal form, establishing the CAEN codes and preparing the documentation influence the way the business operates, its legal obligations and its future development.
The formation procedure includes reserving the name, establishing the registered office, drafting the articles of association and filing the necessary documents with the Trade Registry (ONRC), in accordance with the legal provisions.
Depending on the activity carried out, the formation of an SRL, PFA or SA may be chosen, each form of organisation having different rules concerning liability, management and the tax regime.
The procedure can be handled entirely online, without travelling to the Trade Registry (ONRC), with the documentation and formalities completed remotely. Formation carried out correctly from the outset reduces the risk of subsequent changes and ensures that the business is conducted within a stable legal framework.
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Frequently asked questions
How long does it take to set up a company?
Where all the necessary information and documents are provided, the documentation can be prepared in the shortest possible time, so that the registration formalities are completed without delay. After the application is filed, the time taken to process it depends on the Trade Registry (ONRC) and may vary according to the institution's workload, the particular features of each application and any requests to supplement the documentation.
Is a registered office required in order to set up a company?
Yes. In order to set up an SRL, PFA or SA, it is necessary to establish a registered office, which is the company's official address for correspondence and is recorded with the Trade Registry (ONRC). Establishing a registered office does not mean that the activity must necessarily be carried out at that address. Depending on the nature of the activity, it may also be carried out at secondary establishments or in other locations (on third-party premises), in compliance with the legal provisions.
Which form of organisation is suitable: SRL, PFA or SA?
The choice of legal form depends on the activity carried out, the manner of management, the tax regime, legal liability and the objectives pursued. Depending on the particular features of each project, the formation of an SRL, PFA or SA may be recommended.
Can I change the company's details later?
Yes. After formation, changes concerning the registered office, the administrator, the business activity (CAEN codes), the company name, the share capital, the ownership structure and other elements provided for by law may be registered with the Trade Registry (ONRC), by following the procedures specific to each change.
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