Electronic Payment in Romania
Published on Nov 30, 2021

Bank cards are currently accepted to their greatest part in businesses in large cities, hotels and restaurants. In many rural areas or at small businesses, you usually have to pay in cash.

Cluj: Silicon Valley of Romania
Published on Feb 9, 2021

The Cluj region, Cluj-Napoca according to its full name (which the French speakers pronounce clouge), is experiencing a particularly rapid economic development, stimulated by massive foreign investment. So much so that the Cluj region is becoming one of the most active one in Europe, with a GDP ...

Romania: Dividends and repatriation of earnings
Published on Feb 18, 2015

As of August 1993, all profits are transferrable after tax obligations have been met. “Non-resident investors in Romania have the right to transfer, in convertible currencies, earnings from dividends or profits originating from a company where they are shareholders or partners, without ...

Incentives to invest in Romania
Published on Feb 18, 2015

Ordinance 92 of 1997 was passed to create an attractive environment for investments in Romania, eliminating size and nationality requirements. It clarifies and simplifies the legislative framework, doing away with unnecessary bureaucratic paperwork. Tax concessions and customs facilities are ...

How to incorporate in Romania
Published on Feb 18, 2015

General partnership companies (SNC in Romania) Limited partnership companies (SCS, SCA) Public limited company (Romanian SA) Limited liability companies (Romanian SRL), including limited liability companies with one associate The types of corporations which are formed are generally ...

Service for finding Romanian sub-contractors and suppliers
Published on Feb 18, 2015

LPG Romania can assist in finding Romanian sub-contractors or suppliers in Romania. We can also work along with the LPG Bulgarian office for Bulgarian sub-contractors or suppliers if the client wishes as these can offer even lower costs. The following is a sample list of the industries which ...

Romania's market outlook
Published on Feb 18, 2015

Romania has the second largest market in Central and Eastern Europe after Poland. With a population of 22 million inhabitants, it is the 7th largest population in Europe and the 8th largest based on purchasing power parity. Romania has been a member of NATO since 2004 and of the European Union ...

Romanian office location service
Published on Feb 18, 2015

An important part of registering a Romanian company or even in order to export to Romania, is finding an office space, production space, or warehouse in Romania for rent or purchase. LPG can help you do this in Bucharest, its surroundings and the rest of the country. officesretailproduction ...

Economic and tax studies
Published on Feb 18, 2015

LPG Romania can:Design business plans and perform financial forecasting (balance sheets and budgeted income statements) related to company formation in Romania.Specific analysis of general expenses (salaries, rent, etc.) and tax impact.Feasibility study.

Real Estate in Romania : Market Analysis 2013 and Forecast 2014-2015
Published on Aug 13, 2014

The real estate market in Romania had a slight increase in 2013 and the trend for the years 2014 and 2015 seems to remain stable. An increase in property prices is expected in the following years, determined by the purchases of foreign investors attracted by the market price of the Romanian real ...