Personal Residence
No stress no pain – get a personal and fiscal residence in Romania with our service.
Enjoy 5% dividend tax or 10% personal income tax as a Romanian resident!
In general, a resident is a person who:
- is domiciled in Romania,
- has the centre of vital interests in Romania,
- is present in Romania for a period or periods that exceed 183 days in any period of 12 consecutive months ending in the calendar year concerned.
We assist you to get a personal residence certificate (Romanian personal ID number) and guide you how to meet all legal requirements not to be subject to double taxation in two or more jurisdictions.
Personal Residence for Entrepreneurs
Obtaining a personal residence is a truly simplified process for those individuals who set-up a company with our service. We obtain a certificate of residence for you that includes CNP(Personal ID code) and entitles you to pay personal taxes in Romania. This is especially beneficial as dividend tax in Romania is 5%. If you get capital gains or other personal revenues the tax rate is set at 10%. That is significantly less than in most socialist countries like Poland, Italy, France or Spain.
You can get it within a few working days with our service. The certificate is valid for 5 years and you can prolong it for another 5 years.
Personal Residence for EU/EEA/Swiss workers
In a basic scenario if a worker is planned to work for a Romanian entity he needs to get a personal residence in Romania i.a. for social securities. This is mandatory if the stay in Romania is over 90 days within a 6-month period. A personal residence certificate is issued usually within 2-3 days of application and valid for 5 years. The right to reside in Romania can be extended for another 5 or 10 year period. A Romanian plastic ID card for new residents is issued after 5 years of stay, usually within 90 days period.
Personal Residence for non-EU workers
Long-term residence permit procedure is for more complicated and burdensome for a non-EU citizen. Personal residence permit is granted by Romanian immigration authorities for 1 year and is extendable.