Over recent years the Republic of Moldova has put in place the key building blocks for a pro-business climate:
1. Liberal Trade Policies;
2. Economic and structural reforms successfully put in place;
3. Wide range of special tax incentives;
4. Low inflation rate;
5. Stable monetary policy;
6. Skilled workforce;
These achievements have enabled Moldova to make significant developments in terms becoming an attractive and competitive business location:
1. 0% Corporate Income Tax;
2. 40 Double taxation agreements signed and 37 operational;
3. 36 Bi-lateral investment treaties signed and operational.
4. 42 Free trade agreements signed, including:
a. WTO members (worldwide). Since May 1st, 2001, Moldova has been a permanent member of the WTO, thus obtaining preferential access, based on the most favoured nation (MFN) principle to the markets of WTO member countries. Moldova was the first CIS country that acceded to the WTO. This has brought new opportunities, responsibilities and challenges for enterprises, traders and authorities from Moldova within the global economy.
b. Autonomous Trade Preferences (EU countries). From March 1, 2008 the Republic of Moldova has benefited from the new scheme of trade preferences granted by the European Union, known as the Autonomous Trade Preferences. Autonomous Trade Preferences (ATP) offer free UE market access, but the export from the Republic of Moldova must meet all the conditions UE regarding the origin merchandise. This are extended on the group of products oversees 12000 and virtual include all products listed on Combined Nomenclature included industrial, agricultural and fishery products. The EU tariffs for other products can be checked at http://export-help.cec.eu.int/.
c. CEFTA members (most Balkan countries); The Republic of Moldova has signed in 2006 the Central European Free Trade Agreement (CEFTA) which has become effective from May 1, 2007. CEFTA allows duty-free access to the market of South East Europe countries.
d. CIS members (except Tajikistan);
Why Invest in Moldova?
