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Joint-stock company (SA) formation

We guide you through forming a joint-stock company: articles of association, share capital, governance structure and ONRC registration, plus accounting from day one.

The right form for large projects

The joint-stock company (SA) is the legal form for larger ventures: significant capital, multiple shareholders, formal governance (board of directors or two-tier system) and the ability to attract investors. Compared to an SRL (LLC), requirements are stricter: a statutory minimum share capital (indicatively RON 90,000 — check the value in force), at least two shareholders, censors or an auditor.

What we do for you

  • Advice on choosing the form: SA vs. SRL, one-tier vs. two-tier governance;
  • Drafting the articles of association and formation documents;
  • Structuring share capital and share classes;
  • Filing with the Trade Register (ONRC) and obtaining registration;
  • Tax registration: VAT, SPV, e-Factura;
  • Setting up the accounting and mandatory registers from day one.

Why Conta Fiscal

An SA set up correctly saves costly restructuring later. We advise on capital and governance structure and then take over the accounting — one partner from formation to annual reporting.

Frequently asked questions

Company law sets a minimum capital for the SA (indicatively RON 90,000, partly paid at formation — check the value in force). We help structure the contributions correctly.

At least two. If you want a single owner, the SRL is usually the right form — we help you choose the correct structure.

The SRL is simpler and cheaper to run; the SA makes sense for large capital, many investors or capital-raising plans. We analyse your specific case.

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