State aid scheme extended and updated: 4 billion lei for investments

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The Government has approved the amendment of the Regional State Aid Scheme for investments made in the Republic of Moldova. The project sees increasing the scheme's budget from 2 billion to 4 billion lei, due to the significant rise in demand from the business environment and the financial support provided by European partners.

Out of this sum, 1 billion lei will be allocated as non-reimbursable grants, and 3 billion lei will be 50% discount on income tax applicable to incomes obtained from investments made through this mechanism. Also, a maximum cap of 20 million lei per grant awarded to an enterprise is introduced.

„We have started a process of encouraging investments. We must ensure equity, focus attention where the added value is higher, and increase opportunities for a broader spectrum of companies. This is the essence of the changes", said Prime Minister Dorin Recean.

To ensure the efficient and fair use of public resources, the process of evaluating applications will be strengthened. The Ministry of Economic Development and Digitalization will develop an eligibility evaluation methodology, aiming to select investment projects with lasting economic impact.

Since the scheme's launch at the beginning of this year, 9 enterprises are already benefiting from support.
 


Government approved establishment of Joint Stock Company "Moldova International Stock Exchange"

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The establishment of the Joint Stock Company "Moldova International Stock Exchange" was approved by the government. The stock exchange represents a strategic institution aimed at developing the capital market and strengthening the country's financial stability. It will have an initial social capital of 30 million lei, and the state, through the Public Property Agency will hold 20% of shares.

The new stock exchange will enable companies to access alternative sources of financing through share and bond issues, enhance market transparency, and strengthen the confidence of local and international investors. The initiative will contribute to diversifying financing instruments for the economy and reduce dependency on bank lending.

Through this decision, the Government ensures the development of the financial market infrastructure and the alignment of the Republic of Moldova with European standards in the field of capital market regulation and supervision.

Currently, Moldova's stock market capitalization represents 3-7% of the Gross Domestic Product, compared to 10-30% in Eastern Europe and over 65% in the European Union. The new institution will help reduce this gap, with an estimated attraction of up to 300 million euros in investments over the next decade.


Moldovan citizens working in Ukraine to be able to get pensions and other social benefits

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Moldovan citizens who have worked in Ukraine, as well as Ukrainian citizens who have carried out their activities in our country, will be able to benefit from guaranteed social rights, including pensions and other benefits, for the periods worked in both states. The government has approved the initiation of negotiations in this regard.

The document establishes the mode of cooperation between the competent institutions of both countries so that the provisions of the Agreement are applied effectively and uniformly.

Therefore, the necessary conditions are created for individuals who have contributed to the social insurance system of the Republic of Moldova or Ukraine to be able to exercise their rights, regardless of the country in which they choose to live. It is estimated that around 20,000 citizens will benefit from this agreement.

The Republic of Moldova has signed similar agreements with 20 countries, including Spain, Italy and Germany. They provide social protection to Moldovan citizens who have worked abroad, ensuring them access to pensions and other mutually recognized social benefits.


Development Program for State Fiscal Service's Information System for 2025-2027 approved by Government

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The Government has approved the Development Program for State Fiscal Service's Information System for 2025-2027. The document outlines the strategic vision, essential priorities, and planned initiatives for accelerating digital transformation and ensuring interoperability with the European Union's tax systems.

The main objectives relate to interconnection and interoperability with EU systems, strengthening data protection measures, modernizing technical infrastructure, data automation and analysis, as well as optimizing the information system infrastructure.

The impact on the private sector will be reflected in reducing administrative burden, data security and privacy, integration into the EU market, and as a result, improving the relationship between the business environment and tax administration.

At the same time, the implementation of the Program will reduce the need for printing and archiving documents in physical format, thanks to the automation of information exchange between institutions through the MConnect solution.


Coordinated control to be set up at Sculeni border crossing between Moldova and Romania

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Coordinated control regime will be applied at Sculeni border crossing between Moldova and Romania. This involves joint inspections conducted by the authorities of both countries. The decision was approved by the Cabinet of Ministers.

By applying the principle of a single stop, customs and border formalities will be conducted once, at a common point. This will reduce waiting times at the border, enhance security through direct cooperation between authorities, and facilitate increased trade exchanges between the two banks of the Prut River.

Sculeni crossing will become the fourth border point where the coordinated control concept is implemented between Moldova and Romania. This regime is already in effect at Leușeni–Albița, Giurgiulești–Galați and Cantemir–Fălciu borders.