Reasons to investĀ
1.International rankings
2.Investment Platforms
3.Advanced ICT infrastructure
4.Competitive operational costs
5.Strategic position
6.Friendly fiscal system
7.43 Free Trade Agreements
8.Excellence in E-Raporting, E-Government and E-Documents
9.Incentives & Taxes
By its nature, the fiscal system of the Republic of Moldova is progressive. There are two types of taxes and duties levied in this country according to the institutions in charge with their collection and management: general state (central) taxes and duties, and local taxes and duties.
These are the main central payments:
10.Support to Exporters
The Moldovan Investment Agency takes part in providing financial support for the associative environment that is directly involved in export operations via the instruments stipulated by the countryās laws. Its financial contribution comes from the state budget, in the format of partial or full funding for activities:
SOURCES OF FUNDING
The Government of the Republic of Moldova has at its disposal a number of sources for business finance including export operations, with resources coming the the state budget and/or donations from the countryās development partners, via various instruments and partnerships. Also the funding program covers the associative environment with an export potential.
Main areas to benefit:
Sector opportunities
1.Agrifood
The Republic of Moldova has been literally blessed to have a fertile soil, moderate climate, an a convenient geographic position, which overall ensure a generous bio-diversity and a high degree of adaptability of the flora and fauna to life in this country. Agriculture and processing industry are among the main pillars of Moldovan economy.
2.Automotive
Although the Republic of Moldova is not a car manufacturing country, yet it plays an important role in the world automotive industry. The country hosts internationally known companies that operate production lines for electric wires and cables for motor vehicles, wire harnesses, electric and electronic components, luxury interiors, seat and car covers, injection mechanisms and wheel driving systems, and many others. These are well known companies in the car world: Lear Corporation, DrƤxlmaier Automotive, Gebauer & Griller, Sammy Cablaggi / Kablem, Elektromanufacturing / SUMIDA, Confezioni Andrea Carcover, SEBN Sumitomo Electric Bordnetze, Fujikura Automotive, Coroplast Fritz Mueller, APM Automotive, Blacksea EMS, DrƤxlmaier DSM , Arobs Software, Whetec/ MG2C, Multico / Quality Hub and Equip-Test.
The automotive items made in Moldova are shipped to the largest producers of cars and trucks including such giants as Ford, Renault, BMW, Mercedes, Volvo.
3.Electronics
The tradition of manufacturing electronic equipment in Moldova is stretching over decades,being coined as the third largest supplier of electronic equipment in the Ex-Soviet Union.Today, with over 170 companies and 16 000 employees, the electronics industry is one of the most promising industrial sectors in the country in terms of GDP contribution, employment generation and FDI attraction. The success of the sector is attributed to a strong technical and engineering foundation,covering dual VET, colleges and the Technical University. The curricula of vocational schools and universities is under continuous scrutiny of the entire industry in order to ensure compliance with the sectorās needs and standards. Moreover, the availability of a fully-fledged Dual VET system allows companies to harness highly skilled workforce at an affordable cost.
4.TAFL manufacturing is an industry with long-standing traditions in Moldova, which started successfully developing after World War II and remains one of the most important industries in the country. Since 1990, it has been restructured, upgraded and re-equipped, in order to meet market economy demands. The industry has recorded a continuous growth since 2000, significantly outperforming the overall development of Moldovaās industry. Nowadays, the sector is vibrant and it is represented by approximately 450 enterprises.
5.ICT
The ICT industry is, beyond any doubt, the most dynamic branch of economy in the Republic of Moldova. Two major factors have played well for the unprecedented development of this sector: the fact that local specialists belong to relatively young generations and are very active from the economic point of view, on the one hand, and the advantageous conditions for experimenting with the new technologies in Moldova, including the single tax rate of 7%, on the other hand.
6.Renewable Energy
The Republic of Moldovaās renewable energy potential is one of the regionās largest. Primary energy supply figures for 2016 reveal that natural gas and petroleum products account for most of the total primary energy supply, with 29.9% and 32.0% respectively. In the same year, biofuels and wastes (including firewood and agricultural residuals) accounted for 25.0% of the primary energy sources supplied in the Republic of Moldova, which is the only local significant primary source of energy. Around 10.4% of energy is supplied directly as electricity (mainly from the Transnistrian region), while coal accounted for only 2.7% of primary energy sources supplied.
7.Machine Building
The industry for machine-building and various appliance has strong roots in Moldovaās Soviet past, a time when the pre-independence country concentrated major plants that used to manufacture installations and equipment for both civilian and military purposes. After the dissolution of the USSR, some industrial enterprises converted for alternative manufacturing while others shut down.
8.Creative industries
Moldova has an attractive and healthy ecosystem for creative industries, with a favorable environment for collaboration, learning, and development, which enables participants to compete domestically and internationally, with the country growing to become a regional center of creativity and innovation.
The Moldovan Investment Promotion Agency
Tel: +373 22 27 36 54
Ā Fax: +373 22 22 43 10Ā
E-mail: office@invest.gov.md
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