Procedures for recovering VAT on imported production machinery are too complex and discouraging for small businesses  The current regulatory framework does not provide for a mechanism to refund VAT on the import of production machinery for economic operators who are not liable for VAT. This is an impediment to the development of small and micro […]

Prime Minister Dorin Recean has chaired a plenary meeting of the Economic Council to the Prime Minister, with the participation of Deputy PM, Economic Development and Digitalization Minister Dumitru Alaiba. In his speech, the PM referred to the government’s task to modernize and diversify the economy, to implement reforms for the benefit of the economic […]

Victor Parlicov – Minister of Energy in discussion with the business association sector Members of the Economic Council met with Victor Parlicov, Minister of Energy within the framework of the Economic Council’s Working Group “Stimulating and Maintaining Private Investment”, led by the Executive Director of the Association of Foreign Investors in Moldova, Ana Groza. During […]

The authorities will revise the Competition Law in the context of its harmonisation with EU legislation and to strengthen the institutional capacity of the Competition Council in line with European competition rules. The discussions were launched at the proposal of the Ministry of Economic Development and Digitisation, and at the beginning of the discussions, Prime […]

Parliament has approved several legislative rules for the development of distance business. One of the most important provisions is the completion of notarial acts at a distance, electronically. This will make it possible to establish the identity and capacity of persons, read notarial acts and establish consent without physical interaction between the parties and the […]

The draft law on the modification of some normative acts, which provides for the facilitation of the business environment, was voted in the first reading, according to a Parliament press release. The amendments cover a number of areas of importance to the work of economic agents, aimed at reducing business costs and improving relations between […]

Mark Bowman, Vice President of the European Bank for Reconstruction and Development met with experts of the Secretariat of the Economic Council to the Prime Minister. During the discussions, the EBRD Vice President wanted to learn more about the topics on the agenda of the Economic Council and the expectations of investors. In this context, […]

The procedures that economic operators and citizens go through when connecting to public utilities could be revised In order to gain access to public utility services – water, sewerage, gas and electricity networks – businesses and citizens, if networks need to be built, can go through dozens of procedures before they can use such services. […]