Romania has advantages: in addition to a large domestic market, the country has a strong industrial tradition, and its labour costs are among the lowest in the EU for its well-educated workforce. The country has developed a significant industrial sector, particularly car production. The main sectors attracting FDI from the Netherlands, Germany, Austria, Italy, and Cyprus are manufacturing, construction and real estate transactions, trade, finance / insurance.
Romania has one of the lowest tax rates in the EU, and the tax regime equally favours industrial investment and start-ups. On the other hand, legislative instability and a weak judicial independence are problems to keep in mind. Political instability and poor infrastructure will also be issues for investors, and contribute to Romania’s ranking of 55/190 for Ease of Doing Business.
AUXADI can become your ideal investment partner in Romania. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.