Business entities in Moldova in 2022

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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

  LLC JSC Rep Office
Also known as SRL SA Rep Office
How long to set the company up? 2 weeks 3 weeks 4 weeks
How long to open company bank account? 4 weeks 5 weeks 6 weeks
Legal liability? Limited Limited Unlimited
Wholly foreign owned? Yes Yes Yes
Minimum paid - up share capital? US$300 US$1,100 US$1
File annual tax return? Yes Yes No
Tax registration certificate required? Yes Yes No
Recommended corporate bank account? Comertbank Banca Sociala Victoria Bank
Does our Client need to travel? No No No
Resident director required? No No No
Resident shareholder required? No No No
Minimum directors allowed? 1 1 1
Minimum shareholders? 1 1 1
Tax identification code needed? Yes Yes Yes
Moldova resident company secretary required? No No No
Corporate shareholders allowed? Yes Yes Yes
Corporate director(s) allowed? Yes Yes Yes
Statutory audit required? Yes Yes No
Moldova corporate tax rate? 12% 12% 0%
Annual financial statements required? Yes Yes No
Regulated by? Ministry of Economy and Trade Ministry of Economy and Trade Ministry of Economy and Trade
Allowed to issue sales invoices? Yes Yes No
Allowed to sign contracts? Yes Yes No
Allowed to import and export goods? Yes Yes No
Can rent an office space in Moldova? Yes Yes Yes
Can buy Moldova property? Yes Yes No
Total Moldova business setup costs in yr. 1? US$10,145 US$7,950 US$7,200
Subsequent annual costs (incl. accounting and tax fee)? US$3,775 US$4,200 US$4,200
Sample engagement invoice? View invoice PDF View invoice PDF View invoice PDF

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Contact us

For additional information on our business setup services in Moldova, please contact our in-house country expert, Mr. Seth Ochieng, directly:
Director of Client Engagements - Seth
  • Mr. Seth Ochieng
  • Director of Client Engagements
  • Contact me!
moldova-bank moldova-investment moldov Ministry of Finance moldova Ministry of Economy moldova-customs moldova Chamber of Commerce