Moldova Politics, Economy, Culture, and Geography

Located to the east of Romania, Moldova is a former Soviet republic that used to be known as Moldavia. Although a part of Europe, it is considered one of the poorest countries on the continent with most of the economy heavily reliant on agriculture. Two-thirds of Moldovans are of Romanian descent, and the two countries share a common cultural heritage.

Most of the nation lies between two rivers, the Dniester and the Prut. The western border of Moldova is along the Prut River, which joins the Danube before flowing into the Black Sea. Its continental climate is due to its proximity to the Black Sea, making it mildly cold in the fall and winter and relatively cool in the spring and summer.

2021
May 1International Day of Solidarity of Workers
May 2Orthodox Easter Sunday
May 3Orthodox Easter Monday
May 9Victory Day
June 1International Children’s Day
August 27Independence Day
August 31Language Day
December 25Christmas Day
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 12%
  • Income Tax (Lowest Marginal Rate): 12%
  • Income Tax (Highest Marginal Rate): 12% (+ 24% for social security)
  • VAT/GST/Sales Tax: 20% (standard rate), 10% (HoReCa)
  • BCR Chișinău (Commercial Bank)
  • Comerțbank (Commercial Bank)
  • Energbank (Commercial Bank)
  • EuroCreditBank (Commercial Bank)
  • EximBank (Commercial Bank)
  • FinComBank (Commercial Bank)
  • MobiasBanca (Commercial Bank)
  • ProCredit Bank (Commercial Bank)
  • Moldova Agroindbank (Commercial Bank)
  • Banca de Economii (Commercial Bank)
  • InvestPrivatBank (Commercial Bank)
  • Victoria Bank (Commercial Bank)
  • National Bank of Moldova (State central bank) (Commercial Bank)
  • Moldindconbank (Commercial Bank)
  • UniversalBank (Commercial Bank)
  • MobiasBanca (Commercial Bank)
  • UniBank (Commercial Bank)
  • Banca Socială (Commercial Bank)
  • Banca Comercială Română (Commercial Bank)

Aadmi can support you with your expansion to Moldova. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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