Business entities in Moldova

Business entities in Moldova

Healy Consultants will assist our Clients to incorporate their company in Moldova. There are several ways of doing business in Moldova, the most common being the setting up of a Moldovan limited liability company. Foreign entrepreneurs may also opt to set up a corporation, limited liability partnership, a branch office or a representative office.

The Moldova limited liability company (SRL)

    business setup options in Moldova
  • The Moldova LLC requires only 1 director and 1 shareholder of any nationality for incorporation process to be complete. The minimum paid-up capital required is US$300;
  • After Moldova business setup, all locally incorporated companies must submit annual audited financial statements to the Moldovan commercial registry.

The Moldova joint stock company (SA)

The Moldova joint stock company is commonly used by investors who would like to trade shares on regulated commercial markets. The minimum paid-up share capital required to complete the incorporation process is US$1,100. A JSC must appoint at least one director and one shareholder who can be of any nationality. A Moldova corporation must submit annual audited financial statements.

The Moldova representative office

While the Moldova representative office can be 100% foreign owned, it is not allowed to carry out any income generating activities in Moldova. Consequently, this entity can only engage only in non-commercial/nonproductive activities such as i) market research and ii) promoting the business of the parent company.

Table of comparison between Moldova entities

 LLCJSCRep Office
Also known asSRLSARep Office
How long to set the company up?2 weeks3 weeks4 weeks
How long to open company bank account?4 weeks5 weeks6 weeks
Legal liability?LimitedLimitedUnlimited
Wholly foreign owned?YesYesYes
Minimum paid - up share capital?US$300US$1,100US$1
File annual tax return?YesYesNo
Tax registration certificate required?YesYesNo
Recommended corporate bank account?ComertbankBanca SocialaVictoria Bank
Does our Client need to travel?NoNoNo
Resident director required?NoNoNo
Resident shareholder required?NoNoNo
Minimum directors allowed?111
Minimum shareholders?111
Tax identification code needed?YesYesYes
Moldova resident company secretary required?NoNoNo
Corporate shareholders allowed?YesYesYes
Corporate director(s) allowed?YesYesYes
Statutory audit required?YesYesNo
Moldova corporate tax rate?12%12%0%
Annual financial statements required?YesYesNo
Regulated by?Ministry of Economy and TradeMinistry of Economy and TradeMinistry of Economy and Trade
Allowed to issue sales invoices?YesYesNo
Allowed to sign contracts?YesYesNo
Allowed to import and export goods?YesYesNo
Can rent an office space in Moldova?YesYesYes
Can buy Moldova property?YesYesNo
Total Moldova business setup costs in yr. 1?US$7,950US$7,950US$7,200
Subsequent annual costs (incl. accounting and tax fee)?US$4,200US$4,200US$4,200
Sample engagement invoice?Moldova LLC invoiceMoldova JSC invoiceMoldova RO invoice

Contact us

For additional information on our business setup services in Moldova, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Ms. Karen Lee, directly:
client relationship officer - Karen
moldova-bank moldova-investment moldov Ministry of Finance moldova Ministry of Economy moldova-customs moldova Chamber of Commerce