According to the general macro-economic situation of the nation, Romania looks like the best place in Europe to register an Srl, taking advantage by the many strategic factors entrepreneurs looks for to achieve better business goals!
Business owner can profit from the fantastic tax rate in Romania, the lowest wages in Europe, easy and fast company setup (usually 3 days to go...), one of the he fastest growing GDP in the world, TOP 3 globally for Internet Connections, leading software and IT services in Europe, and more...
All in all, putting all this together, your decision to register an Srl in Romania will be a STRATEGIC MOVE to drive your business to the next level!
Facts are that Romania is today the country with the strongest economic growth in all of Europe (and one of the first in the world...), just taking into account parameters like "GDP growth", "taxes", "Public debt" and "Inflationary pressure"...
In 2017 Romania grew by 6.1%, whereas Germany grew by just 2.2%...
One of the most competitive "Tax Heavens" in the world... With a corporate Tax as low as 1%, and Dividend Tax at just 5%, your startup in Romania will have a strong competitive edge against your europeran comnpetitors!
Wages in Romania are really low, if compared with those of the leading European economies... The hourly labor cost in Romania is around 5 Euro / hour, which represents 1/5 of the EU average. The minimum legal salary (gross...) is 1450 Lei, something around 300 Euro / month! Important to say, is that employments contracts are extremely flexible in Romania...
In romania operate the most important European banking groups, over the Romanian banks, which means that the system today matches the international standards, providing all the guarantees and the tools that foreign investors expect to find...
Any major city in Romania have an International Airport, with connections to all the main european destinations guaranteed by Low Cost Airline Companies, such as Wizz Air, Ryanair and Blue Air! Setting up a round trip to/from Romania have never been so easy!
Currently Romania is rated as the FOURTH nation in the world for Internet connectivity speed, with peaks of excellence such as the Timisoara district which is SECOND in the world for download speeds (about 1 Gigabyte per second ...)!
