July 2022 - Idea Inception

Background

While running a business, we identified a major pain point - the significant amount of time wasted on tasks like accounting, dealing with paperwork, and liaising with government authorities. This inefficiency arises primarily due to:

• 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 operations, right from the blueprint to the finer details, and solutions to convert the consultancy aspect into tangible tools to use 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 entrepreneurs.