Consulting
BRUSCH provides counselling and support for companies in the following fields:
- Setting up companies in the Romanian territory
- Functioning of branches and subsidiaries
- Market-entry strategies specific to each domain
- Creating a personalized sourcing concept
- Selecting appropriate business partners
- BOT (Build Operate Transfer) model
Setting up Companies
In Romania it is possible to set up companies with various legal forms. The simplest and most advantageous is a SRL (limited liability company). Foreign companies may open a representative or subsidiary office in Romania. For example, the subsidiary is registered in the country where the company has its registered seat and is subsequently registered at the Romanian Registry of Commerce. The subsidiary is treated as a SRL with the difference that it has no share capital and needs no memorandum of association. The mother company is liable with its share capital. The shareholders are the same as the mother company. The taxes on the profit are paid in Romania and the outcome is included in the balance of the mother company. The object of activity of the subsidiary is the same as the mother company, and after the initial registration the company is fully operational.
Company Administration
The first operational steps for a newly set up company are usually difficult to implement by foreign administrators unfamiliar with local conditions. Where to buy the best computers, company name plate and other equipment and at what price? Who takes over phone calls and administrative support until the necessary staff is employed? Where to search for qualified accountancy, HR and legal support and how to avoid beginner’s errors that might turn out to be expensive? How to best recruit qualified staff and what wage structure and labour conditions need to be observed? BRUSCH offers support to deal with all these initial difficulties.
Choosing Qualified Business Partners
Choosing appropriate business partners may be a mere operational, project based necessity or may be based on strategic points of view, for example as a precursor for a future joint venture or an acquisition. BRUSCH supports companies in creating a precise requirements profile and then evaluates the target market. The potential partner companies are identified and evaluated. The extensive list will be presented and evaluated together with the client. The selected companies may then be visited at their headquarters in Romania. Alternatively, selection can be based on the researched data or the companies’ proposals alone.
Build Operate Transfer Model
This business model allows a rapid entry onto the Romanian market through synergetic use of the existing infrastructure and BRUSCH resources and experience. The client’s needs and processes will, of course, be fully observed and complied with at all times. After the company has been administered for an agreed period of time by BRUSCH, it is possible to incorporate all the achievements and benefits back into your company to maximize cost effectiveness.