7721
Rental and leasing activities of recreational goods and sports equipment
This code covers the rental and leasing of recreational goods and sports equipment, such as bicycles, skis, boats, tents, or fitness equipment. Essentially, if you have a business that offers temporary use of items for leisure or sports, this is the appropriate code. It does not include the rental of road vehicles or video/photo equipment, which have separate codes.
Entrepreneur Profile
Acest cod este ideal pentru SRL-uri, PFA-uri sau startup-uri care oferă servicii de închiriere de echipament sportiv și de agrement. De exemplu, firmele care închiriază biciclete în orașe turistice, centre de ski care oferă echipament la schi, sau afaceri sezoniere cu închiriere de bărci pe lacuri sau pe litoral.
Who should avoid:
Avoid the exclusive use of code 7721 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.
Authorization procedure and Trade Register aspects for CAEN 7721
Registration with the Trade Register (ONRC) for the activity of rental and leasing of recreational goods and sports equipment requires the correct declaration of the CAEN code 7721 as main or secondary activity. When submitting the registration application, a sworn statement is completed in accordance with Law 359/2004, through which the administrator confirms compliance with specific legal conditions. No simplified prior approvals from regulatory authorities are required to start the activity, however it is recommended to check with the local municipality regarding the classification of the space for storing equipment. For limited liability companies (SRL), the minimum share capital is 1 RON, and the sole partner or partners must be at least 20 years old.
Regulatory framework, specific approvals and control institutions
The activity is carried out under the Fiscal Code and consumer protection legislation (ANPC). Entities that rent recreational goods (bicycles, sports equipment, watercraft) must ensure that the products comply with the safety standards imposed by Government Ordinance 99/2000. No sanitary operating authorization is required, but compliance with hygiene standards is mandatory for equipment that comes into direct contact with the skin (helmets, wetsuits). The Territorial Labor Inspectorate (ITM) controls working conditions, and the Tax Authority (ANAF) verifies the records of rental contracts and invoices issued through the mandatory RO e-Factura system.
Fiscal management, ANAF audit risk and specific accounting
Income from rentals is classified as independent activities (PFA) or operating income for SRLs. For PFA, a 10% income tax and social contributions are paid through the single declaration. For SRL, the corporate tax is 16% or 1% on revenue if opting for micro-enterprise status (subject to a single associate and revenues under EUR 500,000). Renting personal goods to individuals is VAT exempt if annual revenue is below EUR 300,000. ANAF may initiate an audit if there are discrepancies between the number of registered contracts and the declared turnover. Mandatory: registration of lease or rental contracts, timely invoicing, and retention of purchase documents for expense deduction (depreciation, maintenance, repairs).
Included Activities
- ✅ Renting of bicycles
- ✅ Renting of boats and recreational watercraft
- ✅ Renting of ski and snowboard equipment
- ✅ Renting of camping equipment (tents, sleeping bags)
- ✅ Renting of sports equipment (balls, rackets, clubs)
- ✅ Operating lease for recreational goods
- ✅ Renting of fitness and indoor sports equipment
Excluded Activities
- ❌ Renting of motor vehicles (code 7711)
- ❌ Renting of video and photo equipment (code 7729)
- ❌ Renting of boats with accommodation (code 5520)
- ❌ Renting of watercraft with crew (code 5010)
Similar or Related CAEN Codes:
From the same category of economic activities:
Întrebări Frecvente
What permits are required for renting recreational boats?
For motorized boats, registration with the Romanian Naval Authority and obtaining a navigation certificate is necessary. You also need liability insurance. For non-motorized boats (kayaks, rowboats), no special permits are required, but safety regulations are recommended.
Can I rent sports equipment to legal entities (companies)?
Yes, you can rent sports equipment to both individuals and legal entities. For example, you can rent equipment for team-building or sports events organized by companies. In such cases, you will issue an invoice to the company, and VAT applies at the normal rate (19%) if you are not exempt.