Rent a business address in Craiova
Romania joined the Schengen area on 31.03.2024.
As a result, checks on persons at internal air and sea borders, i.e. at airports and seaports, will no longer be necessary.
Craiova
An up-and-coming university city in Romania
The exciting city of Craiova is the capital of Dolj County in historic Little Wallachia. It is about 180 km west of Bucharest. Craiova is an important rail hub in the southwest of Romania. Important railroad lines lead to Orșova, Calafat, Pitești and to the capital of Romania, Bucharest. European highways 70 and 79 run through the city of Craiova. Craiova International Airport is only about 7 km from the city center. The airport infrastructure is excellent. With a population of 21.6 million, Romania is the second largest market in Central and Eastern Europe.
GDP in (EUR)
Assuming an average exchange rate of EUR 0.95 for USD 1 in 2022, Romania's GDP will be USD 300.7 billion, or around EUR 285.665 billion.
SALES TAX RATE
In Romania, sales tax is referred to as value added tax (TVA - "Taxa pe Valoarea Adaugată"). The general VAT rate in Romania is 19%. However, there are also reduced rates and certain exceptions:
- Reduced tax rate of 9%: This rate applies to certain medical products and services, book publishing (including textbooks and eBooks), hotel accommodation and access to sporting events, and the supply of food, including beverages (other than alcoholic beverages), and meals for consumption on site, with some exceptions.
- Reduced tax rate of 5%: This rate is applied to the sale of residential property under certain social programs, as well as tickets to museums, cinemas, other cultural events and attractions.
In addition, certain supplies and services are exempt from VAT, such as medical and dental care, certain types of educational services, financial and insurance services and real estate sales (under certain conditions).
Companies operating in Romania with an annual turnover of more than 300,000 RON (Romanian lei) must register for and pay VAT. Companies with a turnover below this threshold can choose to register for VAT voluntarily.
Your business is ready for immediate use
The city of Craiova is a very attractive business location for entrepreneurs and freelancers. The digital economy has also triggered a new global dynamic and completely new lifestyles. The number of fans opting for a location-independent lifestyle is steadily increasing. Enthusiasts of this lifestyle are recognizing the opportunities of internationalization through a radical shift in the center of their lives. Online marketing specialists, consultants, coaches, trainers and founders are envied by their family members, friends and acquaintances when they carry out their paid projects worldwide in a casual dress code. Sometimes the question also arises as to whether you are unemployed if you "hang around" your laptop all day.
In 2018, corporate income tax in Romania was reduced from 16% to just 3% for companies without employees and just 1% for companies with at least one employee! The annual turnover limit was increased from € 500,000.00 to € 1,000,000 in 2018. This makes Romania the country with the lowest corporate income tax in the entire European Union (EU). This regulation of 1% or 3% corporation tax with no trade tax creates excellent conditions for setting up a company in Romania. The formation costs of an S.R.L. (limited liability company) in Romania are very moderate. With a high level of digital perfection, excellent features and benefits, you can position your company in Craiova in Romania. Upon arrival, everything is organized and ready to go. The Romanian legal system is largely adapted to EU law. This means that company formation formalities can be completed relatively quickly by authorized legal service providers. The management of the business address in Craiova is conveniently possible online. Your business address is ready for immediate use and is located in an extremely lucrative economic and tax environment.
Detailed information on the business address in the city of Craiova in Romania on request!
Monthly
| Postbox type | Private | Standard | Office |
|---|---|---|---|
| Account including 1 mailbox monthly use | 38,67 | 162,17 | 599,40 |
| Mobile application (IOS & Android) | |||
| Contract term | 1 month | 1 month | 1 month |
| Incoming letters included | 5 | 10 | |
| Scan envelope (front) | 5 | 10 | |
| Scanning letter contents | 1 | 3 | 10 |
| Included pages when scanning | 2 | 3 | 4 |
| Save letters | 5 days | 10 days | 20 days |
| Storage of parcels | 2 days | 5 days | 10 days |
| Cloud connection |
yearly
| Postbox type | Private | Standard | Office |
|---|---|---|---|
| Account including 1 Postbox per year Use | 425,10 | 1.783,86 | 3.571,62 |
| Mobile application (IOS & Android) | |||
| Contract term | 12 months | 12 months | 12 months |
| Incoming letters included | 5 | 10 | |
| Scan envelope (front) | 5 | 10 | |
| Scanning letter contents | 1 | 3 | 10 |
| Included pages when scanning | 2 | 3 | 4 |
| Save letters | 5 days | 10 days | 20 days |
| Storage of parcels | 2 days | 5 days | 10 days |
| Cloud connection |