Romanian entrepreneurs allowed to open multiple limited liability companies
Photo by Alexandros Michailidis / Shutterstock.com
Romanian entrepreneurs will be allowed to set up as many limited liability companies as they want, and several companies will be allowed to share the same address, Profit.ro reports, as cited by news portal Romania-insider.
Romaniaʼs President Klaus Iohannis promolgated the entrepreneursʼ law on July 2. Photo by Alexandros Michailidis / Shutterstock.com
The Parliament initially adopted the bill in December last year, passed it with nearly no amendments in April; it was made law by President Klaus Iohannis on July 2.
It aims to reduce the unnecessary bureaucracy faced by Romanian entrepreneurs and facilitate the process of setting up businesses, according to the initiators, Romania-insider says.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.