Romania is one of Eastern Europe's most colourful and exciting destinations for starting a business. The reasons are multiple. The location, meaning the proximity to the Middle Eastern Markets through the port on the Black Sea, the resources (oil, gas, timber) and also the population itself are few of the reasons why Romania is welcoming the foreign entrepreneurs. Also, Romania is the 2nd country where there is a great number of people who are speaking foreign languages, after Holland. Through this article, expats will find the conditions for opening a business in Romania, the types of companies and the steps to setting up a new company.