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Romanian Business Entity Structure Shifts: SRL Dominance Continues as PFA Registrations Surge

Published September 1, 2025

August 2025 Analysis Shows Dramatic Growth in Limited Liability Companies and Individual Enterprises

BUCHAREST - Romania’s business landscape is undergoing significant structural transformation, with August 2025 data revealing a dramatic surge in new company registrations across all major entity types, led by limited liability companies (SRL) and individual enterprises (PFA).

The country recorded 11,435,.

SRL Maintains Market Dominance

Limited liability companies (SRL) continue to be the preferred choice for Romanian entrepreneurs, accounting for 7,613. This represents a 97.95% year-over-year increase from August 2024’s 3,846.

“The SRL structure offers entrepreneurs the perfect balance of liability protection and operational flexibility,” explains business analyst Maria Popescu. “With simplified registration procedures and favorable tax treatments for small businesses, it’s become the default choice for most new ventures.”

PFA Explosion Signals Individual Entrepreneurship Boom

Individual enterprises (PFA) showed the most explosive growth, with 3,415. This surge suggests a growing preference for individual entrepreneurship, particularly in service-based industries.

“PFA registrations are booming because they offer the lowest administrative burden and fastest setup time,” notes economic consultant Andrei Ionescu. “We’re seeing many professionals in IT, consulting, and creative services choosing this structure for its simplicity and tax advantages.”

Regional Distribution Mirrors Economic Centers

The geographic distribution of new registrations follows established economic patterns, with Bucharest leading at 2,561, followed by Ilfov (727), Cluj (570), and Timiș (555).

However,, while Sibiu (206.32%) and Timiș (193.65%) also demonstrated strong regional entrepreneurship momentum.

Industry-Specific Entity Preferences

The data reveals clear patterns in entity type preferences across industries. Wholesale and retail trade leads with 16,105, followed by transport and storage (15,677) and professional, scientific, and technical activities (9,411).

“SRLs dominate in construction, manufacturing, and retail where liability protection is crucial,” observes Popescu. “Meanwhile, PFAs are particularly popular in professional services, IT consulting, and creative industries where individual expertise is the primary asset.”

Business Ecosystem Health

Despite the registration boom,,, suggesting market consolidation alongside new venture creation.

“This balanced ecosystem reflects a healthy business environment where new opportunities emerge while less competitive ventures exit,” says Ionescu. “The slight negative net growth is actually a sign of market efficiency rather than economic weakness.”

Looking Ahead

The structural trends observed in August 2025 continue Romania’s post-pandemic entrepreneurial renaissance, with both corporate (SRL) and individual (PFA) business forms experiencing unprecedented growth. The data suggests Romanian entrepreneurs are becoming increasingly sophisticated in choosing entity structures that match their specific business needs and risk profiles.

As the business landscape evolves, these entity structure preferences will continue to shape Romania’s economic development, with implications for tax revenue, employment patterns, and sectoral growth across the country.

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