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romania

  1. N

    Transitioning Business Abroad as a Camgirl Entrepreneur with Malta Base

    Hello everyone, I am a camgirl who has set up her business in Malta using the classic company format, including trading and holding. I have worked to create a corporate image to be able to open bank accounts, for example with Wise. However, after four years in Malta, I feel the need to move...
  2. A

    Forming an LLC and running it from Romania questions

    Hello, I have a EU passport, and I'm currently based in Romania. I have a couple of questions about forming an LLC in the US and running it from Romania. First of all, the reason why I want an LLC is because 90 percent of my customers come from the US. It wouldn’t look good to see they're...
  3. Bl4ckJackk

    Bulgaria vs Romania for a freelancer

    Hi guys. My situation is the following: - IT freelancer in mid EU (poor country though) - plan to make about 20k euro a month - total taxes where I live will be about 30%, not worth for what the country provides. - 95% of what I make I invest into stocks, crypto, p2p loans, and once I become...
  4. C

    Best place for crypto activities, consulting company, NFT trading (ROMANIA or BULGARIA or something else)?

    Hi, I'm considering to move to a more tax efficient place with low cost of living to start crypto businesses & consulting companies also take my profits from crypto/NFT trading. I lived in romania for a while and I like it but I'm curious about bulgaria or any other country with low cost of...
  5. S

    Taking a Car From the UK to Romania longer than 3 months

    Hello all, I will be relocating to Romania from the UK, and I wish to take my car with me. I believe UK cars are no longer allowed to be re-registered there, and cannot stay longer than 3 months. Are there any work arounds? Eg, its a company car, some type of lease agreement, etc...
  6. T

    Why do Romanian banks ask for an address?

    I moved to Romania two months ago. Even if I rent an apartment here and have a temporary residence permit, all the banks have asked for another address in my home country. Even if I told them, I don't even live there, they just said it didn't matter. Even when the lawyer firm formed the company...
  7. JohnLocke

    Countries With Digital Nomad Visa – Choosing Your Next Destination

    Digital nomads used to be considered the luckiest people in the world – work online and travel around the world as you do it. With the recent coronavirus pandemic, more and more people turned to work from home, and it actually worked well. Homeschooling also became an option, so the trend is...
  8. G

    Romanian SRL micro-enterprise dividends + Cyprus non-dom ?

    Can anyone confirm that a Cyprus non-dom resident owning a Romanian SRL micro-company will be exempt from the 5% tax on dividends in Romania, so in total dividends will be totally tax free?
  9. G

    Cheap Romanian incorporation services?

    Anyone knows about any reasonably priced Romanian incorporation services? I've contacted a few that I found Googling but they want about 500 EUR for a SRL formation. Pretty expensive compared to just about any other jurisdiction.
  10. G

    Delaware LLC + holding company + EU sole proprietorship

    I'm again here today with another setup. I live in an EU country A. Lets say there will be a Delaware LLC which will sign contracts with clients, collect payments etc. This LLC will be owned by a holding company incorporated in a low tax jurisdiction, ideally non-cooperating, like the...
  11. M

    Question Moving to Romania to cash out Bitcoin gains?

    Hey folks, lets say i bought some Bitcoin early this year and have the fear that the market will crash before my 1 year long-term tax ease comes into play... I read that lots of people suggest Cyprus and Portugal, which seems to be not entirely clear how they will tax it, i thought Romania...
  12. metronic

    Romanian micro company

    Hey guys, Been looking into opening a micro company in Romania for a while now but wanted to ask if any of you had any personal experience with it and could share your experience here. every tip/info is appreciated!
  13. metronic

    Company jurisdictions for Cyprus non dom

    Hey guys, I just moved to Cyprus and due to their banking history and talent pool, I want to set up my business somewhere else. My business is high in margins so I was thinking about Romania micro company. Anyone has any experience with Romania? (Plus talent pool fits my business and I just...
  14. metronic

    CY resident + Romania micro company

    hello guys, I am in the process of moving to Cyprus this month and I was wondering about the Romanian micro business as it suits my business and the talent pool I need for it. I wanted to ask about cfc rules in Cyprus that could apply to it. I would have a company in Cyprus as a holding...
  15. metronic

    romania (micro company and tax residency)

    Hello, I am currently in the process of moving to Bucharest. I read many comments online that it is a very safe place regarding crime. A few people I work with mentioned that making decent income could turn into some issues (being accused of a false crime, someone extorting a chunk of it,...)...
  16. Trashy

    Question US LLC (disregarded entity) with a foreign company owner - is it possible?

    Hello, What I'm planning on doing is starting a Romanian company (utilizing the 1/3% micro-company tax there). I'm a software developer, and the company would have two main types of income: 1) freelance work, 2) advertisement income/sale of digital products. For the foreseeable future, I would...
  17. H

    Best subsidiary location with substance for a Belgian company

    I live and work in Belgium. I want to open a company in a low tax jurisdiction to decrease the tax bill of our Belgian operating company. My business partner and I are currently not considering to leave Belgium. Goal My main goal is to save money on the companies tax bill in Belgium in a cost...
  18. Mr Magoo

    Micro Company Romania set up

    Hello, I am researching the set up of a micro company in Romania since I have almost zero costs running my business. Having approached several law firms in Romania I am getting a clear idea of what is offered and at what cost and what is needed to keep the company running. Setting up a company...
  19. 1nomad

    Romanian micro-company

    Anybody tried this Romanian system for digital business? Tax 3% (from all incomes) sounds too good to me ;) What's the catch?