"How do you START a business?"

1. "How do you START a business?"

2. We need: • A name for future business or future right for the company, regardless of the legal form chosen. PF exception is where the person's name appears. • After choosing the name will go to the Trade Register to check if that name is not already used and somehow make the reservation. It can remain reserved for 3 months.

3. Preparing Articles of Incorporation that you can do it either at the Trade Registry, or you can write a lawyer. In the document it is important to specify the areas or field of activity according to NACE, no associates (it is advisable to be uniquely associated) and manager of the company. Attention, association or associations shall not necessarily be its Administrator. • A person employed on contract work can be given. • In addition to the Articles of Incorporation is required identity card copies association and on his own statement that they do not have criminal records and that the legal conditions and specimen signatures. • Choose headquarters because no space is not issued constitutional documents of the company. If you owned a space you can use, you must present the deed. If the building is taking on a mortgage you need written consent of the lending bank. If you own a space will not have to end a lease or loan.

4. Dossiers must include: • - Identity cards and their children - the associates; • - Establish capital firm. For a SRL you need minimum capital of 200 RON. • - Choose a bank and open an account. • - Fiscal records of prospective associates of the company; • If all these measures and steps are completed you can present to the Trade Register to submit them!

5. Here you will complete: • - Application for the company. • - Write a statement on his own responsibility if you have work or not. • After receiving the documents at the Trade Register within 4 working days you will get the documents attesting the establishment of the company. Although it seems complicated way to open a business system in comparison to other years, it is now very affordable. • To certify the new company, will release the Trade Register: • - The authorization of new firms. • - The certificate of registration.

6. Success! • From here begins the real challenge - the fight to attract customers, either by products or services more special than most, especially in a market oversaturated survival. • This is the true touchstone for anyone who opens a business.

7. So it set up a SRL ... Documents required to file are: ► A copy of identity ► application for registration, ► proof of booking firm and, if applicable, the logo, ► document certifying rights to use the locations for the head office and / or secondary units, ► affidavit given by the founders and directors / board members in showing that the legal conditions for these qualities in original data, in the form of certified lawyer ► information in criminal tax of associates, shareholders, directors, supervisory board members, ► Declaration on own responsibility regarding the authorization of, tax declaration for registration, signed by the legal representatives, original, ► evidence permits / approvals issued by the competent authorities as a prerequisite to registration in the trade register. If you do not want to be hit by bureaucracy, there are specialists who, for a fee handle file preparation and submission to the Trade Register. • If you have not found anyone to guide you in the Trade Registry no specialist providing complete consultancy for setting up a company, from file preparation to submitting it.

8. Here are the steps you need to follow: • Step 1: Name the administrator; choose the activity and the Name of the Company. • Step 2: Prepare file with the acts listed above • Step 3: Book Company Name, established and prepare memorandum • Step 4: Open a bank account in which capital deposit of 200 Ron • Step 5: file containing all documents and permits, along with neighbor agreement is filed with the Trade Register • Step 6: Once the documents are ready, you should stamp company, to open business account and begin actual work.

9. So, it set up an Individual enterprise • 1. Original application for registration, • 2. Proof checking availability and booking company (original); • 3. Identity card or passport holders individual enterprise (certified handwritten copy by the holder of compliance with the original); • 4. Documents certifying the rights to use the registered professional / working points (copy); • 5. If any opinion on changing the destination of collective buildings housing regime provided by law no. 230/2007 (completed in standard form, original); • 6. Specimen signature of the holder of sole proprietors individual enterprise (original); • 7. Declaration on own responsibility to certify that the conditions required by the legislation statutory special healthcare, veterinary, environmental and labor protection (type 1 or type 2, as appropriate). • 8. If applicable: • - clarification of showing that the owner of the property understands affect use office space to establish professional individual enterprise (statement, etc.). • - heritage of affectation supporting documents (affidavit); • - documents certifying training (certified photocopies handwritten); • - documents certifying professional experience (photocopies certified by hand); • 9. When individuals with operations authorized and recognized in another member state of the eu or the european economic area, the documentation proving lawful operation, obtained in the other state (copy and certified translation into romanian by hand). • 10. Evidence of payment of fees / legal fees: charges register.

10. Conditions to be met for economic activities as an individual proprietor of businesses are: • Has reached the age of 18; • Has qualifications - vocational training or, where appropriate, professional experience needed to carry out economic activity for which authorization is requested; • Have a professional office; • Has not been convicted by a final court decision for committing the offenses punished by financial laws, customs and those involving financial and fiscal discipline as those who enroll in the tax record.

11. Preparation or professional experience attesting, as appropriate, with one of the following documents: • Diploma of graduation from an educational institution; • Certificate or certificate that proves completion of educational institutions; • Certificate of professional qualification or completion of a form of training, organized under the law in force at the date of issue; • Certificate of professional competence; • Certificate of recognition and / or equivalence for individuals who have acquired qualifications abroad; • Certificate of recognition of qualifications acquired abroad, outside the education system; • Any other evidence to professional experience. If the activity to be carried out does not require a specific training in the area is sufficient studies photocopy of the last act.

12. This is a family business established • The application for registration (original); • Proof checking availability and booking company (original); • Identity card or passport of each member (certified handwritten copy of the original holder of compliance); • Documents certifying the rights to use the registered professional / working points (copy); • If necessary, change the destination opinion on collective buildings housing regime provided by Law no. 230/2007 (completed in standard form, original); • Specimen signature of the representative of the family business (original); • Declaration on own responsibility representative stating that the conditions required by the legislation statutory special healthcare, veterinary, environmental and labor protection (type 1 or type 2, as appropriate); • Foundation Agreement signed by family members (original); • Proxy for family business representative appointed by agreement of establishment (registered under private signature);

13. If applicable: • - Clarification of showing that the owner of the property understands affect use office space to establish professional family business (statement, etc.). • - Documentary evidence of affectation Heritage (Foundation Agreement or addendum thereto); • - Documents certifying training (certified photocopies handwritten); • - Documents certifying professional experience (photocopies certified by hand); • When individuals with operations authorized and recognized in another Member State of the EU or the European Economic Area, the documentation proving lawful operation, obtained in the other state (copy and certified translation into Romanian by hand). • Evidence of payment of fees / legal fees: charges register. • If the family business is enough to have a company representative professional training in the field to the other members is required only a photocopy of the last act of study. Professional office space is the authorized person / company holding individual / family businesses doing business authorized or where only office activities. For professional office setting is necessary that authorized person / company holding individual / family businesses have a right to use the property at which it is declared.

14. DOCUMENTS establish a PFA • 1. The application for registration (original) • 2. Proof checking availability and booking company (original); • 3. Identity card or passport (photocopy holograph certified by the holder of compliance with the original); • 4. Documents certifying the rights to use the registered professional / working points (copy); • 5.If any opinion on changing the destination of collective buildings housing regime provided by Law no. 230/2007 (completed in standard form, original); • 6. Specimen signature of the person authorized (original); • 7. Declaration on own responsibility to certify that the conditions required by the legislation statutory special healthcare, veterinary, environmental and labor protection (type 1 or type 2, as appropriate). • 8. If applicable: • - Clarification of showing that the owner of the property understands affects use professional office space to establish the authorized individual (statement, etc.). • - Heritage of affectation supporting documents • - Documents certifying training (certified photocopies handwritten); • - Documents certifying professional experience (photocopies certified by hand) • 9. When individuals with operations authorized and recognized in another Member State of the EU or the European Economic Area, the documentation proving lawful operation, obtained in the other state (copy and certified translation into Romanian by hand). • 10. Evidence of payment of fees / legal fees: charges register.

15. TYPES OF TAXATION… At this point there are 2 versions tax for PFA • 1. In real system. Explanation: At the beginning of the year or the foundation going and file a financial statement must pass as you estimate you'll receive both estimate that you spend, and therefore how much you will remain. The remaining amount of formula Receipts - (minus) charges you taxes. Accounts go early next year that you held it and make a difference. If you accomplished less than you expected at first NAFA you fall you have to pay extra in taxes for the next fiscal year. If you made ​​more than estimates when you get a final tax and pay tax on the difference made ​​in addition to the initial estimate. • 2. In the normal income. Explanation: Either each county establish a minimum income that they think we made a PFA for example that a PFA with EMBROIDERY field was calculated as 143 RON would pofit Sibiu and Medias areas. The amount that it has to be payed is 16% tax. It achieves more than whether he will pay for more than that income tax time. So all of that amount will pay and pensions, unemployment and health. • For II and IF there is only one option.

16. Funding for Start-up • Newly established companies can receive funding for the establishment and development of new activities. There are two types of financing for start-up. • 1. Government funding - programs funded by the national budget like program to stimulate the creation and development of micro enterprises by young entrepreneurs Garu guide can be found on the Agency website for Implementation of Projects and Programs for Small and Medium Enterprises (AIPPIMM) www.aippimm.ro. • 2. European funding - programs financed from the EU budget (structural funds) such as the National Programme for Rural Development, Fisheries Operational Programme - www.apdrp.ro, www.ampeste.ro, www.flagalati.ro, • As a general rule - not awarded financial aid grant from public national or European funds in advance but only on the principle of reimbursement of expenditure incurred by the company requesting financial support. Funding is granted only to develop a new project based on a specific business plan or feasibility study feasibility will be assessed by the public authority financing. • SUCCESS!