There are two different aspects to be brought to client’s attention, one referring to general procedures regarding the company registration process and the other one concerning the specific stipulations implied by the particular domain that we are talking about.
According to Romanian laws, the mandatory steps to be followed when incorporating involve the decision establishing a business name, a registered address, a bank account, the management team, the certificate of incorporation and the registration with the National Trade Register.
All requirements can be verified together with an expert who is able to indicate the best possible approach also providing a comprehensive perspective on various legal features.
Transportation companies in Romania - specific documents
The specific part when establishing a Romanian transport company deals with necessary licensees which are to be obtained in order to be able to properly carry out this activity. Most of the companies are in the road transportation field, in passenger or merchandise domains.
In this case most documents needed to incorporate transpiration companies in Romania relate to details proving the appropriateness of vehicles owned and used by the company.
The Romanian Automotive Register (RAR) will provide the approval for each vehicle in question; the car must be also registered with the Department for Driving Licenses and Vehicles Registration (DRPCIV), and the National Tax Administration Agency (ANAF) must receive all contiguous taxes.
There are also several conditions to be fulfilled by each company involved in this domain.
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According to legal stipulations, the transportation companies in Romania must comply with four distinctive regulations concerning the professional competences, the necessary financial attribute, the good repute quality and existence of a permanent establishment.
Each of these conditions shall be verified through specific documents which are mandatory and must be attached to the dossier which is to be provided to the Romanian Road Transport Authority.
So the papers which must be taken into consideration for these registration procedures include a set of particular documents such as bank guarantee or the proof of the last accounting balance, a document of approval from the Trade Register, a complete list of all cars owned and used by the company, a document proving the professional competence.
When establishing a Romanian transport company a complex legal process has to be completed and, according to the specific profile of the company, certain details shall be taken into consideration for guaranteeing the optimal manner of carrying out these activities.
Our team is able to handle such procedures and the experts that work together with us focus on identifying solutions answering to our clients’ questions. We are trained to provide a wide range of alternatives adapted to Romanian legal background and also to international regulations, as well emphasizing possible exceptions related to your business area.