Perspectives of doing business in Moldova

Moldova is a country of opportunities, a country in the heart of Europe. By investing in Moldova one can easily optimize production costs, due to the affordability and skills of the human resource – all, in a 30-minutes reach from EU. Moldova has one of the most fertile soils in the world, a mild climate and hard-working people – a great opportunity to make use of the latest know-how and technologies to deploy a highly-profitable business in agriculture. The general costs of doing business in Moldova are very competitive due to the low administrative, rent and utility expenses. The corporate income tax is as low as 12%, while incentives for the IT sector exempt from most taxes. With over 40 free trade agreements signed by the day, and 13 free economic zones and industrial parks, a foreign investment landing in Moldova is protected and has a quicker return. Moldova is called ”Estonia nr. 2” when it comes to IT and e-governance advancement - a great deal of paperwork and certifications needed to run a business can be done distantly and online, avoiding bureaucracy and queues.