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July 2022- Idea Inception

In July 2022, having noticed inefficiencies in business operations such as accounting and paperwork, we conceived the idea of Incorpo.ro: A single platform providing services ranging from accounting to banking, with an initial focus on Romania due to its attractive business environment, including low tax rates, efficient banking system, and access to the EU market.

β€” Stefan-Lucian Deleanu

Background

While operating our business, we identified a major pain point: the significant time wasted on tasks such as accounting, paperwork, and communication with government authorities. This inefficiency stems primarily from:

  • Lack of a centralized platform to understand the nuances of business operations and facilitate them.
  • The absence of trusted advisors or partners who have walked in similar shoes before.
  • Overreliance on networks, which, though essential, often offer advice limited to their area of specialization.

The Need for Incorpo. ro

Networking Has Its Own Challenges:

  • Takes time to build.
  • Is only as effective as the domain expertise within the network.
  • Specialized advice is limited to the individual's profession. A stellar front-end developer, for instance, might not be well-versed in the nuances of IT infrastructure.

For the broader audience, what's missing is a holistic view of business operationsβ€”from the blueprint to the finer detailsβ€”and solutions to translate the consultancy aspect into tangible tools to boost your business growth.

The ThinkWorld Solution

Our vision was to establish Incorpo.ro as the one-stop solution for every business owner. We aimed to provide an all-inclusive package that would cater to:

  • Accounting
  • Business Registration
  • Cloud Services
  • Email Solutions
  • Website Creation
  • Consultancy Services
  • Banking Solutions
  • And more...

Focus on Romania

We initially set our sights on facilitating business registration in Romania due to the following advantages:

  • Competitive low tax rates compared to other nations.
  • Swift banking processes.
  • Being part of the EU, it offers enhanced market access to the EA and North America.
  • The costs are low overall, and it shows a good mix between affordability in the short and long term.
  • Laws are favourable for foreign investors or entepreneurs.