Romania’s business landscape is undergoing a significant transformation in entity structure preferences, with November 2025 data revealing a dramatic shift toward simplified business forms. The country recorded 15,051 new business registrations , representing a substantial 23.12% increase compared to November 2024 .

PFA Dominance: The New Entrepreneurial Preference

The most striking trend is the explosive growth of PFA (Persoană Fizică Autorizată) registrations, which increased by 67.93% year-over-year to 5,068 registrations . This surge suggests Romanian entrepreneurs are increasingly opting for the simplified administrative and tax structure offered by PFAs, particularly for service-based businesses and individual professional activities.

SRLs (Societăți cu Răspundere Limitată) remain the most popular entity type with 9,582 registrations , but their growth rate of 8.44% is significantly lower than that of PFAs. This indicates a maturing market where entrepreneurs are making more strategic choices about entity structure based on their specific business needs.

Industry-Specific Entity Preferences

The data reveals clear patterns in entity type preferences across different industries. The transport and storage sector, which saw the highest number of registrations at 3,053 , showed a strong preference for both SRLs and PFAs, reflecting the diverse nature of businesses in this sector from large logistics companies to individual transport operators.

Manufacturing industries, which experienced remarkable 258.04% growth , predominantly favored SRL structures, suggesting entrepreneurs in this capital-intensive sector prefer the liability protection and formal corporate structure.

Professional, scientific, and technical activities, while showing a slight 5.01% decline in registrations , demonstrated a strong preference for PFAs among individual consultants and professionals, highlighting the appeal of simplified administration for knowledge-based services.

Regional Variations in Entity Structure

Geographic analysis reveals significant regional differences in entity preferences. Bucharest, with 3,236 registrations , showed the most balanced mix of entity types, reflecting its diverse economy and concentration of both large corporations and individual professionals.

The most dramatic growth occurred in counties like Dolj (106.4% increase) and Vâlcea (102.97% increase) , where PFA registrations surged, suggesting these regions are experiencing entrepreneurial growth driven by individual businesses rather than corporate expansion.

Business Ecosystem Health

The overall business ecosystem shows positive health indicators, with a net growth of 2,516 businesses and a healthy ratio of 1.2 new registrations for every business exit . This suggests sustainable growth rather than speculative business formation.

Declining Entity Types

While PFAs and SRLs dominate, some traditional entity types are experiencing significant declines. Individual enterprises (IF) saw a 65.79% decrease , suggesting entrepreneurs are migrating to more modern business structures. Similarly, agricultural companies (CA) declined by 60% , possibly indicating consolidation in the agricultural sector or migration to other entity types.

Structural Implications

The shift toward PFAs suggests several structural changes in Romania’s business environment. The simplified administrative requirements and tax structure of PFAs appear particularly attractive in the current economic climate, potentially lowering barriers to entrepreneurship. This trend may reflect increased digitalization of business processes, making it easier for individuals to operate as authorized persons rather than establishing formal companies.

The data also indicates a maturing entrepreneurial ecosystem where business owners are making more informed decisions about entity structure based on liability considerations, tax implications, and administrative burden. The strong performance of SRLs alongside PFA growth suggests Romania is developing a balanced business environment that accommodates both corporate and individual entrepreneurship.

The November 2025 data paints a picture of an evolving Romanian business landscape where entrepreneurs are increasingly sophisticated in their choice of business structure. The dramatic rise of PFAs alongside steady SRL growth suggests a healthy, diversified entrepreneurial ecosystem that accommodates both corporate ambitions and individual professional pursuits. This structural evolution reflects broader economic trends toward service-based economies, digital business models, and simplified administrative frameworks that lower barriers to entrepreneurship.