A company is created at the notary. They request the name of the company, whether a limited company or a corporation is made. The registration in the Central Trade Registry office and the application to obtain VAT identification number (company) is also performed. The cost can vary between 300 and 1000 Euros, depending on the activity of the company. This cost is divided between notary fees, trade registration and tax registration. In addition to incorporating the activity that the company is going to perform, you have to show a bank statement that the company has 3,000 Euros (for a limited company) or 60,000 Euros (for a corporation). The whole process takes about ten days. Once we have the company registered, the registration is done in the Tax Office with the model 036 or 037 and then registered at the special scheme for self-employed.