Moldova's economy showed a mixed picture in the latest data, with retail and industrial activity moving higher while some external trade and investment indicators weakened. At the same time, the authorities are advancing a new round of regulatory changes, market reforms and privatization plans that could reshape conditions for businesses in several sectors.
Moldova is preparing to update its mechanism for cooperating with EU countries on the collection of tax arrears: Parliament has already approved the relevant bill on first reading. The bill aims to standardize procedures for exchanging information and fulfilling requests, as well as to lay the groundwork for closer cooperation between tax authorities and their European counterparts.
The Ministry of Finance outlined its key priorities for the near future: preparing the 2027 budget, reforming the wage system, adjusting tax policy, and updating the public procurement mechanism. At a meeting with the business community and local authorities, issues were also discussed that could significantly affect local revenues, financing, and investment conditions.
Moldova is discussing with the European Commission new measures to reduce the budget deficit and bring the financial sector into line with EU standards. The talks in Brussels also touched on tax reform, the restructuring of state-owned enterprises, and further conditions for receiving European support.
The European Commission commends Moldova's progress and urges it to continue reforms aimed at stimulating economic growth
Moldova is pushing for changes to its tax legislation that are intended to bring its direct tax rules more in line with European Union standards. These changes involve revising approaches to the taxation of certain types of income, as well as introducing new mechanisms for cross-border companies and the resolution of tax disputes.
Moldovan authorities are striving to create a more competitive, technologically advanced, and sustainable industrial sector—Vasile Tofan
Moldova plans to streamline operations for farmers and improve their access to financing and long-term loans
The business community has proposed that Parliament reconsider the tax changes affecting farmers and agricultural processors, the financial sector, and freelancers, and refrain from imposing excise taxes on sugary drinks
Moldova is preparing to amend the tax mechanism that affects the calculation of the base price for cigarettes and cigarillos. The decision has already been approved by the government as part of a new tax policy and may have an impact on the retail market for tobacco products.
On Tuesday, the Moldovan government approved a draft of a new tax and budget policy, the implementation of which is expected to generate an additional 5.1 billion lei for the budget
Moldova plans to simplify and streamline tax procedures by implementing measures designed to reduce companies' administrative costs and facilitate their interactions with tax authorities
The Ministry of Finance has prepared a package of amendments that, starting in 2028, will significantly change the approach to the taxation of controlled foreign companies and introduce new reporting requirements for businesses. A separate component of the initiative concerns future tax rules for transactions between related companies following the country's accession to the EU, as well as a mechanism for resolving double taxation disputes.
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