Establishment of a Joint
Stock Company (S.A.)
This form of company is one of the most rarely encountered in Romania, and it is characterized in particular by the fact that the shareholders are liable only within the limit of their contribution to the subscribed share capital, and the corporate obligations are guaranteed with its capital assets. In the older legislation in Romania, it was also known as “public limited liability company”, a name that currently exists in the legislation of other states.
The joint stock company functions like any democratic body, where the decisions within the company are taken based on a general meeting, which includes censors and shareholders.
The difference between an Ltd. / D.Ltd. and a Joint Stock Company is the method of administration.
Other Relevant Information
– 122 Lei – The fee for publication in the Official Gazette (paid at the cash office of the Trade Register).
– minimum 90,000 Lei – The share capital to be deposited at the bank.
– Statements on responsibility and the signature specimen of the administrator.
– Our fee for establishing a Joint-Stock Company.