proof that the applicant has actually implemented the business solutions outlined in the business plan and that it has created at least 10 job positions within the company (for limited liability companies) and at least 15 job positions (for joint-stock companies) is an important requirement. The second type of residence permit, namely the residence permit as director of a Romanian company, is obviously open to the directors registered with the Romanian Trade Registry. The most important restriction of this type of residence permit is related to the number of directors of the same company able to obtain such residence permit. Only one director may obtain this permit. Moreover, this director must not have been a shareholder within the company or within any other Romanian company in the past two years. Further, it is mandatory for the company to have a share capital of at least EURO 50,000. or to have acquired technology with a value of at least EURO 50,000. Fulfilment of such conditions is also required for all further extensions of the residence permit. The third type of residence permit is the residence permit for assigned employees. The employees' assignment from a foreign company to a Romanian one is, in most of the cases, an intragroup practice. Foreign citizens, employed with a company from their home country, are usually assigned to a Romanian company pertaining to the same group of companies in order to support a specific business division of the host company in relation to which they have previously acquired significant expertise. Such residence permit implies, as a preliminary step, the recognition by the Romanian Ministry of Education of the assigned employee's professional education. This certificate of recognition is one of the documents which should be submitted for obtaining the work authorization as assigned employee. Absent such work authorization, no residence permit can be granted. need to be submitted to the Romanian authorities for obtaining the work authorization are, in addition to the recognition certificate, the services agreement executed between the assignor and assignee companies, the assignment order, the criminal record of the employee, the fiscal certificate proving that the Romanian company has no outstanding payments to the Romanian public budget. The downside of this type of residence permit is that it cannot be renewed. It is valid only for one year. The fourth type of residence permit, and the most common one, applies to the employment of foreign citizens by Romanian companies. Although more difficult to obtain, it might be renewed on yearly basis, for an unlimited period of time. The preliminary procedures are the same as for the residence permit for assigned employees, with one additional requirement which implies a specific recruitment procedure to be carried out by the Romanian employer. the position for which the foreign citizen is going to be hired might be occupied by a citizen of UE/SEE/Swiss Confederation. In this respect, the company should notify the Labour Force Agency in relation to the vacant position, asking if any citizen of UE/SEE/Swiss Confederation with a proper qualification is recorded in their dabatase and is fit for the envisaged position. After perfoming the necessary searches within its internal database, the Labour Force Agency will issue a certificate attesting the vacancy of the position or, on the contrary, will inform the company that a citizen of UE/SEE/Swiss Confederation has been identified as suitable for that specific job position. Although all the above procedures might be perceived, to some extent, complicated and time consuming, if the legal terms are observed and the documents have the accuracy required by the legal provisions, the obtainment of either of the above types of residence permits might become flexible and easy to accomplish. |