Starting or running a business?

Discover everything you need to know about doing business in your country from one of the ‪Ye!‬ country guides. We have kick-started a few and will be adding more. Check it out and stay tuned!

Insurance

Why would you get insurance?

Insurances are safety nets, a way to manage risks of loss. Buying an insurance means transferring the cost of potential loss to the insurance company in exchange for a fee, known as the premium. Commercial insurances – insurances aimed at protecting and providing safety nets to businesses, employers and employees – are crucial in protecting enterprises and companies against risks of business failure. 

What are some recommended insurance providers for Romanian entrepreneurs?

Please click here for a list of insurers in Romania.

Is there any mandatory insurance I need to get? What are they?

According to Law no. 260/2008, all individual and entities which own constructions used as dwelling and that are registered with local tax authorities must conclude insurance against earthquakes, floods and earth slides, with insurers specially authorized for such purpose and under conditions strictly provided by law.

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