CAEN Code Rev. 3

682

Renting of own real estate

EU NACE Equivalent: NACE Rev. 3 — 682

This category includes renting out one's own properties (apartments, houses, offices, land) without providing brokerage services. Basically, if you own a space and lease it for a longer period, your main activity falls here. It does not include selling properties or hotel services.

Entrepreneur Profile

This CAEN code 682 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on renting of own real estate. 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 682 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.

Renting and subletting own real estate

Renting and subletting own real estate is an essential component of the Romanian real estate market, offering both individuals and companies the opportunity to capitalize on real estate assets without selling them. This sector, coded CAEN 682, focuses on generating passive income from rents, covering a wide range of properties: from residential apartments and single-family houses to commercial spaces, offices, and agricultural or industrial land. Macro-economically, this activity contributes to the stability of the real estate market, providing liquidity and flexibility to both owners and tenants, and stimulates investments in construction and renovations. In the current context, the rental market has seen steady growth, especially in major cities like Bucharest, Cluj-Napoca, or Timișoara, due to labor migration and increased demand for living spaces. Key factors include the attractive return on real estate investments compared to other financial assets, but also associated risks such as demand fluctuations, tax regulations, and eviction procedures. Entrepreneurs operating in this niche face challenges related to managing tenant relationships, property maintenance, and adapting to new regulations, such as registration obligations in the e-Factura system or income declaration. Likewise, competition from short-term rental platforms, such as Airbnb, has created a complex dynamic, pushing owners to choose between short-term profitability and the stability of long-term contracts. Despite these challenges, renting own real estate remains a profitable and accessible activity with significant development potential, especially in the context of accelerated urbanization and the shortage of affordable housing. To succeed, entrepreneurs need a clear strategy for setting rents, know the local market, and offer well-maintained properties while complying with tax and legal obligations.


Included Activities

  • ✅ Renting and operating of own or leased real estate, such as buildings, apartments, commercial spaces and land.
  • ✅ Subletting of real estate.
  • ✅ Management of real estate on own behalf.

Excluded Activities

  • ❌ Real estate development (construction and sale of buildings) belongs to Division 41.
  • ❌ Activities of real estate agencies (brokerage) classified under 6831.
  • ❌ Management of real estate on a contract basis (facility management) classified under 6832.
  • ❌ Renting of machinery and equipment, classified under Division 77.
  • ❌ Hotels and short-stay accommodation, classified under Division 55.

Întrebări Frecvente

What type of companies can use CAEN code 682?

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

Are special permits required for CAEN 682?

The need for permits depends on the exact nature of the operations carried out under class 682. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.