Joint Stock Company (SA) formation costs in Romania
Government filing from $50 · annual maintenance from $0
Last verified: June 13, 2026
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Cost summary
State Filing
$50
one-time
Mandatory Annual Fee
$0
per year
First-Year Total
$5,900
incl. required services
Annual Ongoing
$4,000
from year 2
Cost Breakdown
Detailed breakdown of formation and ongoing costs
| Item | Type | Amount |
|---|---|---|
| State filing and publication fees | One-time | $150 |
| Notary fees (Articles & Declarations) | One-time | $250 |
| Legal and incorporation service fees | One-time | $1,500 |
| Registered office (Virtual office) | Annual | $400 |
| Accounting and audit (estimated annual) | Annual | $3,600 |
| First year total | $5,900 | |
| Annual ongoing | $4,000 | |
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Joint Stock Company (SA) cost FAQ
How much does it cost to form a Joint Stock Company (SA)?
The government filing fee starts at $50. Including required services, expect a first-year total of about $5,900.
What are the annual costs of a Joint Stock Company (SA)?
The mandatory state/annual fee starts at $0. With recurring services like a registered agent, total ongoing costs are about $4,000 per year.
How long does Joint Stock Company (SA) formation take?
Standard processing takes 3-5 business days. Expedited processing (1-2 business days for an extra $150) is available.
Is a registered address required in Romania?
Yes. Typical cost: $300 - $600 per year. Virtual offices are allowed.
Is there a minimum capital requirement for a Joint Stock Company (SA)?
Yes, the minimum capital is USD 19,500. 90,000 RON (approximately $19,500). At least 30% of the subscribed capital must be paid upon incorporation.
Can I form a Joint Stock Company (SA) remotely?
Yes, no local director is required. Foreign nationals can serve as directors without restrictions, though a local representative may be practically required for opening a corporate bank account.
Related pages
Complete Joint Stock Company (SA) formation guide
Taxes, requirements, banking, and step-by-step setup
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