Moldova: Operating a Business

Setting Up a Company

Join Stock Company (JSC): Number of partners: One or more partners
Capital (max/min): MDL 20,000 for open JSC
MDL 10,000 for closed JSC
Shareholders and liability: Liability limited to the capital contributed
Limited Liability Company (LLC): Number of partners: One director and one shareholder
Capital (max/min): MDL 5,400
Shareholders and liability: Liability limited to the capital contributed
General Partnership: Number of partners: Maximum 20
Capital (max/min): No minimum capital requirement
Shareholders and liability: Unlimited liability
Limited Partnership: Number of partners: Maximum 20
Capital (max/min): No minimum capital requirement
Shareholders and liability: Unlimited liability for active partners
Limited liability for silent partners

The Competent Organisation: The Chamber of Registration of the Ministry of Informational Development.

Setting Up a Company	Moldova	Eastern Europe & Central Asia
Procedures (number)	3.0	5.3
Time (days)	4.0	11.8

Source: Doing Business.

Business Setup Procedures: Consult Doing Business Website, to know about procedures to start a Business in Moldova.
Moldovagate, Register a company in Moldova.

	2018	2019	2020
Labour Force	880,485	929,853	872,610

Source: International Labour Organization, ILOSTAT database

Source: International Labour Organization, ILOSTAT database

Legal Weekly Duration: 8 hours per day, 40 hours per week.
Retirement Age: 57 years for women and 62 years for men
Working Contracts: Temporary employment contract and open-ended contract. Informal employment represents a big part of the work force.
Labour Laws: Consult Doing Business Website, to obtain a summary of the labor regulations that apply to local entreprises.

Minimum Wage: MDL 1,100 per month (source: ILO, 2010).
Average Wage: The average monthly gross earnings in Moldava is MDL 3,000 (USD 257).
Social Contributions: Social Security Contributions Paid By Employers: Employers have to contribute 25% of the gross salary of their employee.
Social Security Contributions Paid By Employees: Employees have to contribute 4% of their gross salary.

Labour Unions: Confederation of the Trade Unions Association of the Republic of Moldova (page 6 of PDF file)
Labour Regulation Bodies: The Ministry of Social Protection, Family and Child

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