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xpand Your Business in Republic of Moldova

Currency:

Moldovan Leu (MDL)

Official Language:

Romanian

Ease of Doing Business Rank:

48th globally (World Bank, 2020)

Average Time to Set Up a Business:

3–7 days

Corporate Tax Rate:

12% standard; 4% for small businesses (not VAT registered); 7% for IT Park residents

VAT (Standard Rate):

20%

VAT Registration Threshold:

MDL 1.2 million annual turnover (approx. $65,000)

Dividend Tax Rate:

6% for residents and non-residents

Personal Income Tax Rate:

12% flat rate

Company + Employer Contributions:

18% social security tax paid by employers; 6% health insurance paid by employees

Minimum Share Capital:

MDL 100 for Limited Liability Companies (LLCs); MDL 20,000 for Joint Stock Companies (JSCs)

Bank Account Requirements:

Mandatory for company operations

Accounting Requirements:

Monthly tax filings; annual financial reporting

Audit Requirements:

Required for companies exceeding MDL 100 million in turnover

Business License Requirements:

Required for regulated industries (finance, insurance, telecom, etc.)

Immigration Policy:

Business visas and residence permits available for foreign investors

Compliance Requirements:

Regular tax filings, employee social security contributions, VAT reporting