Ziarul Financiar starts the campaign "De-bureaucratise theeconomy". Read today how complicated it is for an individual to setup the simplest type of business: sole trader (PFA inRomanian).
Getting documents notarised, obtaining permits from the owners'association to use the space as a registered headquarters (if youopen the pretzel stand on the ground floor of a block of flats), afile with at least eight documents to submit to the TerritorialTrade Registry Office (ORCT).
"This procedure is abstract: all these papers and applications.I don't even know how to fill in the forms. I would have expectedto find a map with every step that I have to follow and everycounter I have to go to and especially how much I have to pay. Youcannot make a clear calculation of costs and time," says Andreilooking clueless, waiting in line at a counter of the BucharestTrade Registry Office to set up a sole trader business forfinancial brokerage.
Asked "At what stage of the procedure are you?," he answered: "Ihave no idea! It's a total mess!"
The sole trader business should be the simplest way of doingbusiness independently for individuals, with the average time ofsetting up a sole trader business being two weeks.
But the ordeal does not end with the procedure of setting up asole trader business. Right after a sole trader gets thecertificate of registration with the Trade Registry, they need tomake several more trips, to the National Pension House, TheNational Healthcare House and the Financial Administration tosubmit statements, and pay taxes on a monthly basis after the firstquarter.
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