New companies
Your company is formed. Now the accounting clock is running.
Formation is the easy part — a lawyer files papers at ONRC and a company exists. What happens in the next few weeks decides whether that company runs cleanly or starts life collecting penalties.
The week-one setup list
What we configure as soon as the company exists.
| Setup item | Why it matters |
|---|---|
| Tax vector | The register of taxes and declarations your company owes ANAF. Set correctly once, it defines a calm filing calendar; set wrongly, it guarantees missed or pointless filings. |
| SPV access | ANAF's online portal, where all filings and official communication happen. Without working access, your company is deaf to the tax authority. |
| e-Factura | Romania's mandatory e-invoicing — invoices flow through ANAF's system and your books must reconcile with it. New companies get to start clean instead of retrofitting. |
| Invoicing rules | Numbering, mandatory content and the issuing workflow, so the very first invoice you send is compliant. |
| The VAT decision | Register voluntarily now or wait for the 395,000 RON threshold — a deliberate choice based on your customers, not a default. |
| Tax regime check | 16% profit tax versus the 1% micro-enterprise regime, measured against eligibility conditions in force and your hiring plans. |
Why accounting starts at day zero
Romanian law does not wait for your first customer. From the moment of registration, statutory records are mandatory — even with zero activity — and declarations fall due on schedule. A dormant month still needs its filings. The full picture of what an SRL owes is on our SRL accounting page; the short version:
- Declarations are due even before the first invoice is issued.
- Annual financial statements are due roughly 150 days after year end — including for a first, short, quiet year.
- Missed early filings surface later as penalties, exactly when the business starts to matter.
- Books must be kept under Law 82/1991, in Romanian and in RON, from the start.
Formation via partners, accounting by us
We deliberately do not sell incorporation. Company formation is legal work at the Trade Register (ONRC), done by lawyers; accounting is what happens every month afterwards, and that is our craft. If you have not incorporated yet, we introduce you to formation partners we trust and prepare the accounting side in parallel — so there is no gap between the company existing and the company being compliant. If you are a foreign founder, the whole handover runs remotely, in English. For how SPV access works in practice, see the SPV guide.
Frequently asked questions
- Do you handle the company incorporation itself?
- No — we are the accounting partner, not a law firm. The incorporation at the Trade Register (ONRC) is handled by legal partners we can introduce you to. What we do is take over the moment the company exists, so the tax setup, SPV access and invoicing chain are correct from the first day.
- My company was just registered and has no revenue. Do I really need an accountant already?
- Yes. Obligations start at registration, not at the first sale: statutory records are mandatory even with zero activity, and declarations fall due whether or not you invoice anyone. Companies that wait until "things start moving" usually arrive with penalties already accumulating.
- Should a new company register for VAT immediately?
- Not automatically. Registration is mandatory above 395,000 RON annual turnover, but voluntary registration earlier can help or hurt depending on your customers and cost structure. This is a decision to make deliberately in week one — we analyze it with you rather than defaulting either way.
- What is the tax vector and why does it matter?
- The tax vector is the list of taxes and declarations your company is registered for with ANAF. It determines what you must file and when. If it is configured wrongly at the start, you either miss filings you owe or file things you don't — both are painful to unwind.
- Can you also advise between micro-enterprise tax and profit tax?
- Yes. A new company chooses between 16% profit tax and the 1% micro-enterprise regime, whose eligibility conditions change often and include at least one employee at the review date. We model both against your plans before the choice locks in.
Start clean from month one
240+ active clients — and the easiest ones to serve are those who arrived in week one. Tell us where you are in the process; we reply within one business day with a setup plan and a monthly price from the package grid.