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Project: Romania to allow 16 to 18-year-olds to create and manage new type of company

April 4, 2025

Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. 

A young person will be able to establish or acquire the status of associate in a single such company, and for this purpose will need parental consent, according to a draft analyzed by Profit.ro

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The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-16-18-year-olds-create-and-manage-company-apr-2025
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