Moldova

The legislation and the approach of the state authorities in Moldova related to corporate taxation have been and are expected to be subject to changes.

Taxpayers should seek professional advice on specific issues, given that only limited interpretations have been issued by the MTA.

US Foreign Account Tax Compliance Act (FATCA)

On 30 June 2014, the US Treasury announced that an intergovernmental agreement (IGA) was ‘in effect’, and, on 26 November 2014, the US Treasury and Moldova signed the Agreement for Cooperation to Facilitate the Implementation of FATCA, based on IGA Model 2. Currently, Moldova applies FATCA requirements. The FATCA agreement was ratified by the Republic of Moldova Parliament on 10 December 2015 and entered into the force on 21 January 2016.

Association Agreement with the European Union

As of 27 June 2014, the Republic of Moldova ratified the Association Agreement with the European Union that fully entered into force as of 1 July 2016. Consequently, Moldova should gradually harmonise local legislation with the provisions of EU law. As of 23 June 2022, Moldova has been granted EU candidate status. Moldova set a target date of 2030 for EU accession.

On 14 December 2023, the European Council decided to open accession negotiations with Moldova.