CAEN Code Rev. 3

68

Real estate transactions

EU NACE Equivalent: NACE Rev. 3 — 68

This division includes activities related to the buying, selling, renting and management of real estate, whether owned or on a commission basis. Real estate agents and property managers find the appropriate codes here.

Entrepreneur Profile

This CAEN code 68 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on real estate transactions. It is ideal for founders aiming to offer specialized services or products in this economic niche within the Romanian market.

Who should avoid:

Avoid the exclusive use of code 68 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.

CAEN Division 68 covers an essential segment of the economy: real estate transactions. In Romania, this industry experienced accelerated development after joining the European Union, becoming a barometer of the population's financial health and an important driver of GDP. From simple property exchanges to complex intermediation and management operations, the real estate sector attracts significant investments, both domestic and foreign. The growth of urbanization, the expansion of the middle class, and the need for modern housing have fueled constant demand for real estate services. However, the market is not without challenges: interest rate fluctuations, legislative uncertainty, and bureaucracy can slow down transactions. Entrepreneurs in this field must be well-informed, understand macroeconomic trends, and provide trustworthy services. Moreover, transparency and professionalism are crucial to retaining clients in a competitive environment. Although Division 68 focuses on intermediation and management, without including construction, it frequently intersects with real estate developers, banks, and local authorities. Overall, the real estate transaction sector in Romania remains a pillar of the economy, with solid long-term growth prospects, stimulated by digitalization and the need for efficiency in asset management.

Included Activities

✅ Acquiring, selling and renting of own real estate
✅ Intermediation in buying, selling and renting of real estate
✅ Property management on a fee or contract basis
✅ Real estate appraisal

Excluded Activities

❌ Construction of buildings (code 41)
❌ Real estate development (code 41)
❌ Hotels and other accommodation facilities (code 55)
❌ Architecture and engineering activities (code 71)

Similar or Related CAEN Codes:

From the same category of economic activities:

View code CAEN 681 View code CAEN 6811 View code CAEN 6812 View code CAEN 682 View code CAEN 6820 View code CAEN 683

Întrebări Frecvente

What type of companies can use CAEN code 68?

Any legal entity in Romania (SRL, PFA, Individual Enterprise) performing activities related to "real estate transactions" is required to have this code authorized in its articles of incorporation or at the Trade Register.

Are special permits required for CAEN 68?

The need for permits depends on the exact nature of the operations carried out under class 68. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.