Visa for Entrepreneurs / Investors

Are you thinking about moving abroad and start a business? If you are a non-EU citizen this opportunity is for you. Contact us and we will support you with the visa for entrepreneurs/investors in Romania. 

I. The Long-Stay Visa for Commercial Activities
Required documents

 

SPECIALIZED TECHNICAL APPROVAL ON A BUSINESS PLAN – In accordance with the provisions of article 3 (2)(C) point 23 from Decision of the Romanian Government nr.23/12.01.2017 regarding the organisation and functioning of the Ministry of Business Field, Commerce and Enteprenoship grants a specialized technical endorsement on the business plan of foreign investors in view of lodging an application for a long-stay Romanian visa for commercial activities. Therefore, in order to obtain the above-mentioned endorsement, please address said Ministry.

TRAVEL MEDICAL INSURANCE – Travel medical insurance that covers the entire duration of the requested period of stay. The travel medical insurance shall have a coverage of at least 30000 EUR.

CRIMINAL RECORD – Criminal record or any other document of equivalent legal value, issued by the authorities from the visa applicant’s country of residence or abode.

VALID TRAVEL DOCUMENT – A valid travel document accepted by Romania, on which a visa can be affixed. The validity of the travel document must exceed the validity of the visa you apply for, by at least 3 months, and must have been issued no later than 10 years ago.

PHOTOGRAPHS – Two recent 3 x 4 cm coloured photographs

Public Fees

120 E – visa tax

Additional information

The specialized technical approval required to obtain a long-stay visa in Romania in order to carry out commercial activities is valid for 6 (six) months from the date of issue.
In order to extend the right of residence in Romania in order to carry out commercial activities, it is necessary to obtain the specialized technical certificate.
In order to obtain the specialized technical certificate, the applicant will prove the fulfillment of the obligations assumed by the initially submitted business plan.

II. Paperwork to make after obtaining the visa and when the Entrepreneur arrived to Romania

Residence permit

After entering Romania, you must obtain a residence permit. It certifies your right to stay in Romania and you can get to the territorial units of the General Inspectorate for Immigration in the county where you live. To obtain a residence permit you will personally submit a number of documents at least 30 days before the expiration of the period of stay, granted by visa. 

Required documents

For the first extension of the right of residence (obtaining the first residence permit) for commercial activities, you must submit the following documents:
– application;
– border crossing document (passport, travel document, etc.) in original and copy;
– confirmation of company details;
– notice of the Romanian Centre for the Promotion of Foreign Investments;
– the Company’s registration certificate;
– articles of incorporation;
– registration court order;
– proof of financial means (Amounting to 500 euros a month for associates and 700 euros a month for shareholders during validity of the permit);
– proof of legal possession for the registered office (original and copy);
– proof of legal possession for the registered residence address (original and copy);
– proof of social insurance;
– medical certificate;
– declaration;
– Public fees = Around 180 euros

III. Renovation

The residence permit is renewed at least 30 days before the expiration of the previous one. For further extend the right of residence (getting a new residence permit), you must submit the following documents:
– application;
– border crossing document (passport, travel document, etc.) in original and copy;
– confirmation of company details;
– the specialized technical approval issued by the Ministry of Business, Commerce and Entrepreneurship showing that the company’s activity was conducted in accordance with the business plan;
– registrations mentions;
– certificate containing the main financial indicators;
– certificate issued by the competent Labor Territorial Inspectorate, proving the number of persons employed full-time, according to the law;
– proof of financial means (Amounting to 500 euros a month for associates and 700 euros a month for shareholders during validity of the permit);
– proof of legal possession for the registered office (original and copy);
– proof of legal ownership of living space (original and copy);
– proof of social insurance;
– medical certificate;
– Public fees = Around 180 euros