Operating a Business

flag Moldova Moldova: Operating a Business

In this page: Setting Up a Company | The Active Population in Figures | Working Conditions | Cost of Labour | Social Partners

 

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
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.

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The Active Population in Figures

201820192020
Labour Force 880,485929,853872,610

Source: International Labour Organization, ILOSTAT database

 
201720182019
Total activity rate 46.92%43.72%47.17%
Men activity rate 49.25%46.16%49.62%
Women activity rate 44.70%41.39%44.83%

Source: International Labour Organization, ILOSTAT database

 

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Working Conditions

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.

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Cost of Labour

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.

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Latest Update: November 2022