The long-stay visa for commercial activities (marked D/AC) is a type of visa that is granted to third-state nationals who are or are bound to become shareholders or associates in management and administrative positions within Romanian companies.
The long-stay visa for commercial activities, marked D/AC, is a type of visa that can be issued to third-country nationals who are shareholders, with management or administration powers, of companies that are Romanian legal entities, and who are planning to invest in Romania. The visa allows the holder to enter and stay in Romania for a period of up to 90 days for the purpose of conducting business activities related to their investment.
To be eligible for a D/AC visa, the applicant must be a third-country national who is planning to become a shareholder or associate in a management or administrative position within a Romanian company. The applicant must provide several documents to support their visa application, including a valid passport, a letter of invitation from the Romanian company, proof of their qualifications and work experience, proof of sufficient funds to support themselves, and a medical insurance policy.
Once the D/AC visa is granted, the holder can enter Romania and conduct business activities related to their investment. These activities may include attending board meetings, negotiating contracts, and managing the company's operations. The visa holder may also be required to obtain a work permit to be able to work in Romania as a shareholder or associate in a management or administrative position within a Romanian company.
The D/AC visa allows the holder to stay in Romania for a period of up to 90 days. If the holder needs to stay longer, they can apply for an extension or a temporary residence permit. The holder's spouse and children can also join them in Romania on a D/AC visa if they have the necessary documentation to enter and stay in the country.
Romania has become an attractive destination for foreign investors in recent years, due to its favorable business climate, strategic location, and highly skilled workforce. The country offers numerous investment opportunities in a wide range of sectors, including IT, manufacturing, real estate, and tourism.
Foreign investors who are planning to invest in Romania can benefit from a range of incentives and support measures, such as tax breaks, grants, and access to funding. The Romanian government has also implemented a series of reforms aimed at improving the country's business environment and attracting foreign investment.
In addition to the D/AC visa, there are other types of visas available for foreign nationals who wish to invest in Romania, including the investor visa, which is available to those who are planning to make a significant investment in the country. The investor visa allows the holder to stay in Romania for a period of up to one year and can be extended for a further period of one year.
The long-stay visa for commercial activities, marked D/AC, is a valuable tool for foreign investors who are planning to invest in Romania. The visa allows the holder to enter and stay in Romania for a period of up to 90 days, during which time they can conduct business activities related to their investment. With its favorable business environment and numerous investment opportunities, Romania is an attractive destination for foreign investors looking to expand their business operations.
Here are some more details about the D/AC visa:
The Commercial Activities (Marked D/AC) visa is a type of long-stay visa that allows third-country nationals to enter and stay in Romania for a period of up to 90 days for business activities related to their investment.
To be eligible for this visa, applicants must meet certain requirements, including:
It is important to note that meeting these requirements does not guarantee that a D/AC visa will be granted. Each application is reviewed on a case-by-case basis, and the Romanian authorities have the right to refuse a visa application if they consider it to be not in the public interest or if the applicant fails to meet the eligibility criteria.
Overall, the eligibility requirements for the Commercial Activities (Marked D/AC) visa are designed to ensure that the visa is granted to genuine investors who have a legitimate business purpose for their stay in Romania. By meeting these requirements, applicants can increase their chances of obtaining a visa and enjoying the benefits of investing in Romania.
To apply for the Commercial Activities (Marked D/AC) visa in Romania, applicants must provide a range of supporting documentation, which includes the following:
It is important to note that the required documentation for the Commercial Activities (Marked D/AC) visa may vary depending on the specific circumstances of the applicant and the requirements of the Romanian authorities. Applicants should therefore check the website for the most up-to-date information on the required documentation.
The Commercial Activities (Marked D/AC) visa provides a range of benefits for foreign investors who are interested in doing business in Romania. Some of the key benefits of this visa include:
Overall, the Commercial Activities (Marked D/AC) visa provides foreign investors with a range of benefits that can facilitate the process of doing business in Romania. By taking advantage of these benefits, investors can contribute to the development of the Romanian economy and benefit from the many opportunities that this growing market has to offer.
Foreign investors who hold the Commercial Activities (Marked D/AC) visa in Romania are exempt from the requirement to obtain a work permit, provided that they meet certain conditions. Specifically, the following conditions must be met:
The foreign investor must have legal ownership or management powers in a Romanian company, as evidenced by share certificates, ownership deeds, or other official documents.
The foreign investor must be directly involved in the management or administration of the company, and must not engage in any other form of employment or self-employment in Romania.
The business activities conducted by the foreign investor must be consistent with the objectives of the company, and must not contravene any laws or regulations in Romania.
If the foreign investor meets these conditions, they will be exempt from the requirement to obtain a work permit in Romania. However, it is important to note that the Romanian authorities may conduct inspections to ensure that these conditions are being met, and failure to comply could result in the revocation of the visa and other penalties.
It is also important to note that if the foreign investor wishes to bring family members to Romania, they will need to apply for a separate visa, such as a long-stay visa for family reunification or a short-stay visa for tourist purposes. Family members who hold a long-stay visa for family reunification may be eligible to apply for a residence permit, which would allow them to stay in Romania for a longer period of time and enjoy additional benefits, such as access to social security and healthcare.
The specific process for applying for a Commercial Activities eVisa may vary depending on the country you are applying to, but here are some general steps you can follow:
It's important to note that the eVisa application process can be complex and time-consuming, so make sure to apply well in advance of your intended travel date to avoid any delays or issues.
A Romania long-stay visa for commercial activities allows the holder to stay in Romania for a period of up to 90 days for business-related activities such as attending meetings, conferences, and conducting market research.
Business travelers who plan to visit Romania for commercial activities, such as attending meetings or conferences, conducting market research, or exploring business opportunities, may be eligible for a Romania long-stay visa for commercial activities.
The specific documentation required may vary depending on the country of origin and other factors. Generally, you will need to provide a completed visa application form, a valid passport, proof of travel medical insurance, and proof of your business activities in Romania, such as a letter of invitation from a Romanian company or organization.
Processing times for a Romania long-stay visa for commercial activities can vary, but it typically takes between 10 and 30 days. It is advisable to apply well in advance of your planned travel date to allow for processing time.
It may be possible to extend your Romania long-stay visa for commercial activities, but this will depend on the specific circumstances and the policies of the Romanian immigration authorities. It is advisable to contact the immigration authorities directly for more information.
No, a Romania long-stay visa for commercial activities does not allow the holder to work in Romania. If you plan to work in Romania, you will need to obtain a separate work permit.