Is There a Legal Minimum Capital Requirement for an LLC Under the Regulation of Romanian Company Law?

Abstract

The share capital is the investment made by company members, the amount of which must be set out in the articles of association. The company capital is not the same as the total assets of the company, but it is an integral part of the company. Until November 2020, the Romanian Company Law maintained a mandatory minimum capital requirement for limited liability companies, but later the provision was simply deleted from the law with the amendment of the Companies Act. As we will see, this does not mean that a limited liability company can be created with zero share capital.