NGO / Associations Incorporation

Association_incorporation_NGO_incorporation_Reinvent_Consulting

A professional association is an NGO which can be constituted at the initiative of three or more individuals or juridical persons for the realization of activities of general interest and the interest of some

 communities or because of personal prerogatives without patrimonial gains.

Initial assets of the professional association can be less than 200 RON and

 it consists of contribution in kind and / or cash of associates. After acquiring legal personality, the initial cash asset may be transferred in the current account, from which it will be used to make payments on behalf of the association and its purpose. The Homeowners’ Association is a form of organization and representation of the common interests of a condominium, defined as real estate property made up of individual properties, apartments or spaces defined for other purposes than domestic and undivided common property.

The owners' association is incorporated by written agreement of at least half plus one of the owners of the apartments and spaces for other purposes.

Necessary documents

Necessary documents association incorporation Reinvent ConsultingTo incorporate an association the following are necessary:

  • Copy of ID card/ Passport of the Founders (minimum 3);
  • Copy of the Registered Office Hosting Contract;
  • The landlords Identification documents;
  • Fiscal record of each Founder;
  • One name version for the association.

The waiting time for the incorporation of an association is 45 days - at that moment the association will be fully functional. Obtaining the court decision for registration in the Registry of Associations and Foundations takes up to 21 days, however there are several procedures to be followed before it becomes a final decision, thus the deadline extends to 45 days (working days). 

Tariffs

 

Services provided

TOTAL COSTS

fees, taxes, fiscal record*

Patrimony/assets minimum value

Deadline

Professional Association Incorporation

1.200 RON - in Bucharest
1.700 RON - countrywide

200 RON

it can be recovered

45 working days

Homeowners’ Association Incorporation

1.200 RON - in Bucharest

-

It depends  on the Financial sector Administration

Associates Modification

700 RON

-

45 working days

Registered office extension

370 RON

-

2 working days

Professional association dissolution

1.800 RON - in Bucharest

-

It depends on the current situation of the association

 

Do you need help? Contact us!

Our consultants are at your service from Monday to Friday, 9.00 am - 17.30 pm. 

(021) 318.69.60

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