Unbelievable Opportunities Await Romanian Companies with EU Funding in 2024

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In the regions undergoing a just transition, micro-enterprises and small and medium-sized enterprises (SMEs) can receive grants ranging from 200,000 to 8 million euros for projects aimed at mitigating the negative effects of polluting industrial activities. These grants will be provided as regional state aid and de minimis aid. The "Development of Enterprises and Entrepreneurship" program, specifically the component for "Investments for the development of SMEs promoting sustainable growth and job creation," is currently accepting project proposals through the MySMIS2021 online portal.

European Funds are revolutionizing farming in Romania in 2024

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European Funds are revolutionizing farming in Romania

The DR 22 program is a robust financial aid program designed to provide support to companies operating in the agri-food industry. The program provides maximum amounts of 3 million, 7 million, or 10 million euros per project, depending on the type of investment. The financial assistance can be utilized for various purposes, such as modernizing the production equipment, improving the infrastructure, or developing new product lines. The total budget available for this program is EUR 210,300,000.

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EU funds and state aid - 2024 financing for Romanian micro, small and medium-sized companies

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1. SME grants of EUR 200,000-8 million in just transition counties in Romania

Micro-enterprises and small and medium-sized enterprises (SMEs) in 6 counties affected by the reduction of polluting industrial activity will be able to obtain grants of 200,000-8 million euros per project, in the form of regional state aid and de minimis aid.

Construct plus 2024 financing program Romania

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The Construct Plus 2024 program marks a crucial stage in the evolution of the construction sector in Romania, offering a unique opportunity for entrepreneurs. We will explore here the application period and eligibility criteria, key elements for accessing the funds.

The official application period for Construct Plus 2024 is February 15, 2024 – March 15, 2024, providing a 30-day window to submit applications.

To benefit from state aid through Construct Plus, investments must meet the following criteria:

How Foreign Citizens Can Set Up an LLC in ROMANIA

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Are you a non-resident in Romania looking to establish a business but the PFA legal form does not meet your needs? Consider setting up an LLC. Here are the requirements for opening an LLC as a foreign citizen.

Can foreigners start a business in Romania?

As long as you have a good idea and plan, you can start a business in Romania regardless of your citizenship. You just need to determine the appropriate legal form and follow the establishment procedure.

Why start a business in Romania?

Exploring the Future: Romania's Revolutionary Tax Reforms for Businesses in 2024

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In the coming year of 2024, significant modifications are set to take place regarding corporate taxation. Here are the primary alterations that will be implemented.

Conditions for inclusion as a micro-enterprise in Romania

The most important changes concern the classification of companies as micro-enterprises.

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