In this page: Accounting Rules | Tax Rates | Intellectual Property | Legal Framework | Standards | Business Practices
Starting 1 January 2021, the VAT rate for HoReCa industry (hotel, restaurants and café services) has been reduced to 12% (COVID 19-related measure). With effect from 1 October 2021, such supplies were reduced from 12% to 6% during the state of emergency period declared on the entire territory of Moldova by the Parliament or by the National Extraordinary Public Health Commission. This reduced VAT rate applies to food and/or beverages (excluding the alcoholic products), prepared or unprepared, for human consumption, together with the related services allowing their immediate consumption, provided as part of activities included in Section I of the Moldovan Classifier of Economic Activities, as well as to accommodation services, regardless of the level of comfort (e.g., hotel, apartment-hotel, motel, tourist villa, bungalow, tourist boarding house, rural boarding house, camping, holiday village or holiday camp) that are included in Section I of the Moldovan Classifier of Economic Activities.
Moldova | Eastern Europe & Central Asia | United States | Germany | |
---|---|---|---|---|
Number of Payments of Taxes per Year | 10.0 | 13.9 | 10.6 | 9.0 |
Time Taken For Administrative Formalities (Hours) | 183.0 | 226.2 | 175.0 | 218.0 |
Total Share of Taxes (% of Profit) | 38.7 | 36.5 | 36.6 | 48.8 |
Source: Doing Business - Latest available data.
Individuals income tax | 12% |
Income from farming enterprises | 7% |
Dividends | 6% (15% if related to 2008 to 2011 profit distribution) |
Gambling revenues | 18% |
Winnings from lotteries and sport bets | 18% for the amount exceeding 1% of the personal allowance (MDL 270) for each win |
Type of property and law | Validity | International Agreements Signed |
---|---|---|
Patent Patent Law No.461/1995 |
20 years |
Patent Cooperation Treaty (PCT) |
Trademark Law on Trademarks and Designations of Origin No. 588-XIII |
10 years |
Trademark Law Treaty Protocol Relating to the Madrid Agreement Concerning the International Registration of Marks |
Design Law on protection of Industrial Designs No.991/1996 |
5 years | |
Copyright Copyright Law Law No.293-XIII |
During the life of the author and up to 50 years after his/her death |
WIPO Copyright Treaty WIPO Performances and Phonograms Treaty |
Industrial Models Law on the protection of Industrial Designs No. 991-XIII |
5 years |
New Year's Day | January 1st |
Orthodox Christmas | January |
Day following the Orthodox Christmas | January |
Orthodox New Year | Mid-January |
Orthodox Easter Monday | April |
Labor Day | May 1st |
Commemoration Day | May 5th |
Victory Day | May 9th |
Independence Day | August 27th |
National Language Day (Limba Noastra) | August 31st |
Chisinau Day | October 14th |
New Year's Day | January 1st |
Orthodox Christmas | January |
International Women's Day | March 8th |
Easter | According to the Orthodox Calendar |
Commemoration Day | Sunday following Easter |
Labor Day | May 1st |
Victory Day | May 9th |
Independence Day | August 27th |
Limba Noastra (National Language Day) | August 31st |
National Wine Day | October 13th and 14th |
Any Comment About This Content? Report It to Us.
© eexpand, All Rights Reserved.
Latest Update: May 2024