Incentives for investors

Information technology (IT) industry

During 2012 - 2016 Moldovan companies whose main activity is software development (IT companies) and their employees may benefit from a range of tax incentives (subject to specific conditions being met).

Employees of IT companies may benefit from personal income tax (PIT) incentives for employment salaries earned from such companies – standard taxation being limited to certain monthly amounts (i.e. two national average forecasted salaries). PIT incentives are applicable only for salary income. Other types of income that do not refer to salary remuneration (e.g. benefits in kind, material aids, etc) are taxed at the standard rates.

Monthly social security contributions at the level of IT companies are also limited to the income capped at two national average forecasted salaries.

 

Incentives for the residents of Free Economic Zones and Industrial Parks

Moldova has designated areas where domestic and foreign investors can carry out entrepreneurial activities under preferential terms and conditions (i.e. favourable tax, customs and other regimes).  These designated areas are the:

 

Free Economic Zones

FEZ “Expo-Business-Chisinau”

Established:

July 1, 1996

Remains in force:

January 1, 2025

Location:

Chișinău

  • 1 km to International Airport Chisinau
  • International road Chisinau-Odessa
  • 150 km to Free International Airport Marculesti
  • 240 km to Giurgiulesti Interna­tional Free Port

Area:

23,6 ha

Priority activities:

Sorting, marking, packing transit goods
Catering
Brokerage
Production of  large number of goods

Information

In 2013 it had 41 registered residents from 14 countries. Total investments since the establishment of the FEZ amount to USD 53.9 million.

Site:

http://www.moldova-freezone.md/

FEZ “Giurgiulesti”                                                                                                                                                                        Go to the Top

Location:

Giurgiulest, at km 133.8 / mile 72.2 of the river Danube, ideal location for production and distribution of goods to
Central and Eastern European and CIS markets

Area:

Business Park with entitlement for 120 ha of land

Priority activities:

- Port Operation Giurgiulesti International Free Port Catering
- Short-Sea & River Shipping
- Inland Transport
- Forwarding
- Business Park

Information

 Residents: 43
 Employees: 466
 Investments: > USD 60 million

Site:

http://www.gfez.md/   ,  More information: "G-FEZ Overview

FEZ “Balti”

Established

March 23, 2010

Remains in force:

January 1, 2035

Location:

Bălți

  • International route – 1 km from E583 European road (Vienna-Uzhgorod-Chisinau-Odessa-Rostov/Don)
  • National route – location at the crossroads of the international road M4 (Balti-Floresti-Soroca) and the ring road with direct access to the national road Balti-Chisinau and the international road M14 (Balti-Edinet-Cernauti)
  • Railway – located at the intersection of three railway lines (Balti-Rabnita, Balti-Ungheni, Balti-Ocnita), there are two stations (Balti-Slobozia Station, called the North Station, and Balti-City Station, called the West Station)
  • Balti International Airport (Leadoveni) at 10 km and Marculesti International Airport
  • Railway at a distance of 1 km

Area:

150 ha

Priority activities:

1.Industrial manufacturing of the export goods with the exception of ethyl alcohol and alcoholic products
2. Sorting, packing, labeling and similar operations with the goods transited through the customs territory of the Republic of Moldova
3. Auxiliary activities, such as public utilities, depositing, construction, public catering etc., necessary for carrying out of the above activities
4. External commercial activity – wholesale of the goods imported in the free zone from outside the RM customs territory and delivered for export
5. Transportation activities – transportation of the imported or exported goods through the free zone by air or by sea

Information

It operates near Balti City, in the northern part of the country. FEZ “Balti” is composed of four areas: subzone 1 (2.02 ha), subzone 2 (10.35 ha), subzone 3 (110 ha) and subzone 4 (12 ha). In 2013, it had 28 residents, including key investor “Draexlmaier Automotive” Ltd and, as of late 2012, "Gebauer & Griller", one of the leading providers of cables and wires, with an investment of around USD 28 million. Total investments since the establishment of the FEZ amount to USD 39.3 million.

Site:

http://www.zelb.md/en/principala/

FEZ “Ungheni-Business”

Established

August 5, 2002

Remains in force:

January 1, 2027

Location:

Ungheni

  • Access to the Russian-type railway, the European-type railway is 2 km away
  • Chisinau International Airport is 140 km away
  • Marculesti International Free Airport is 105 km away
  • The distance to the national road is 1 km

Area:

42,34 ha

Purpose:

a)attracting domestic and foreign investments;
b) implementation of modern techniques;
c) development of export-oriented production; 
d) applying the vast experience in production and management; 
e) supporting employment.

Information

It  is located near the city of Ungheni, in the central region of Moldova, on the west border with Romania. It was established in 2002 for a period of 25 years. The total area of the FEZ is 42.34 ha divided into the main territory and four sub zones. In 2013, there were 35 residents registered. Total investments since the establishment of the FEZ amount to USD 55.8 million.

Site:

http://www.freezone-ungheni.md/index.php

FEZ “Otaci-Business”                                                                                                                                                                      Go to the Top

Established:

1999

Remains in force:

January 1, 2024

Location:

Otaci

  • The national route is located at a distance of 500 m from the FEZ and the nearest railway station– Valcinet – is situated at a distance of 1 km
  • Access through the routes Otaci-Ocnita, Otaci-Soroca, Otaci-Balti

Area:

32,17 ha

Priority activities:

Furniture manufacturing, foreign trade, wood drying, biogasoline production, sand processing

Information

FEZ “Otaci-Business” is located in Otaci, Ocnita District. It has two sub-zones, of 32.17 ha and 1.02 ha respectively. In 2013, nine companies were registered as residents of FEZ “Otaci-Business”. Total investments since the establishment of the FEZ amount to USD 3.4 million.

Site:

http://www.free-enterprise-zone-otaci.md/

FEZ “Taraclia”                                                                                                                                                                               Go to the Top

Established:

1998

Remains in force:

January 1, 2023

Location:

Taraclia

  • Access to railway and roads
  • Access to local and international routes
  • Developed communication system
  • 150 km from Chisinau
  • 75 km from Giurgiulesti International Free Port
  • 35 km from the border with Ukraine
  • 55 km from the border with Romania

Area:

36 ha

Priority activities:

1.processing of agricultural products (production of juices, canned food, pasta, meat, etc.);

2.manufacturing of building materials (tiles, mortars and other finishing materials);

3.manufacturing of components for the 4.electronics industry;

5.assembly of electric power tools and gasoline-powered tools;

6.production of non-alcoholic beverages;

7.production of electricity in the traditional manner, and from renewable energy sources.

Information

 Taraclia FEZ is located in the south region of Moldova, in Taraclia District. The Free Zone is located along the railway Chisinau-Besarabka-Reni, on the territory of several industrial enterprises, its total area being of 36 ha. In 2013 there were 10 residents registered. Total investments since the establishment of the FEZ amount to USD 15 million.

 

FEZ “Valkanes”

Established:

1998

Remains in force:

January 1, 2023

Location:

Valcaknes(Vulcănești)

  • Proximity to the Romanian border (Giurgiulesti customs) – 50 km, and to Ukraine - 1 km
  • Main railway linking the FEZ with the Danube port of Reni (Odessa region, Ukraine) – 38 km
  • Distance to Galati (Romania) – 60 km, to Odessa – 260 km, to Ismail – 60 km, to Chisinau – 180 km
  • The closest airports are located in Chisinau – 180 km, and Cahul - 35 km
  • Located close to the international route M3 Giurgiulesti-Chisinau

Area:

122,3 ha

Information

It is the only FEZ located in the Gagauzia region, 6 km from Vulcanesti.  FEZ ”Valkanes” has an area of 122.3 ha divided in two sectors (78 ha and 44.3 ha respectively). In 2013 there were 30 residents registered. Total investments since the establishment of the FEZ amount to USD 15.1 million.

Site:

http://www.freezone-valcanes.md/

FEZ “Tvardita”                                                                                                                                                                                 Go to the Top

Established:

2001

Remains in force:

January 1, 2031

Location:

Taraclia

  • National highway (Chisinau-Cimislia-Basarabeasca-Ceadar-lunga)
  • International Airport at a distance of 125 km (Chisinau)

Area:

3,57 ha

Information

 FEZ “Tvardita is situated on the south of the Republic of Moldova. It was created in 2001 for a period of 30 years. The FEZ area is 3.57 ha. In 2013, five residents were registered. Total investments since the establishment of the FEZ amount to USD 15.5 million.  Its territory is connected to gas, water, electrical networks and sewage system. The network of roads ensures permanent access to all commercial centers in Moldova

 

Industrial Parks (IP)

 

An industrial park is a defined area with technical and production infrastructure, where economic activities, mainly industrial production, provision of services, employment of scientific researches and / or technological development, may be carried out, benefitting from specific incentives. The law on industrial parks was adopted in 2010.

An industrial park may be created for 30 years either on the territory of state or private enterprises, through green field investments or by means of public private partnerships. In practice, an industrial park is created by means of obtaining the title of industrial park by an enterprise on the basis of Government decision. This enterprise becomes the administrator of the industrial park, i.e. it can also act as the resident of the industrial park.

Any legal entity registered in Moldova (legal entities with local, mixed or foreign capital) can become an industrial park resident on the basis of a contract concluded with the administrator-enterprise, aiming to carry out such activities as industrial production, service provision, implementation of the scientific researches and / or technological development within the industrial park.

During 2010 - 2011 three enterprises obtained the title of industrial park on the basis of Government decisions: 

 

Industrial park “Bioenergagro

Established:

December 21, 2010

Location:

Drochia

Area:

13,5  ha

Information

It is in Tarigrad, Drochia District in the northern part of Moldova. The area of this industrial park is 13.49 ha. It is a private industrial park. The title of industrial park was offered by the Government to “Bioenergagro” LLC, including the plot of land in their private ownership, in order to implement the first investment project on the Biogass production complex by the “Bioenergagro” LLC. 

Industrial park "Tracom"                                                                                                                                                             Go to the Top

Established:

May 12, 2011

Remains in force:

January 1, 2041

Location:

Chișinău

Area:

32,26 ha

Information

Industrial park "Tracom" is located in Chisinau on a territory with an area of 32.26 ha. It has the necessary infrastructure for residents to be able to perform their activities in the following areas: manufacturing of machinery and equipment, electrical and electronic production, manufacture of metal articles and IT. 

Site:

http://www.moldtracom.md/

 

Industrial Park “Cimişlia” 

Established:

August 28, 2013

Location:

Cimișlia

Area:

40  ha

Information

It is located in Cimislia city on a territory with an area of 40 ha. It is currently under construction. According to the project, the areas of specialisation of this Industrial Park will mainly be the following: manufacture of dairy products, oil production, manufacture of starch and starch products, and meat production, processing and preserving.
Based on the objective of creating a network of industrial parks throughout the country, four additional enterprises obtained the title of industrial park in 2013.

Industrial park “S.A. Raut                                                                                                                                                          Go to the Top

Established:

2012

Location:

Balți

Area:

9,5 ha

Information

Industrial park “S.A. Raut” is located in Balti, specialising in machinery and equipment production, electrical and electronic equipment manufacture. The total value of the investment proposed for this project amounts to about EUR 25 million, including renovation of the technical and production infrastructures, with connection to the industrial park, and the construction / renovation of production facilities by the future residents of the park.

Site:

http://www.raut.md/ro

Industrial park “S.A. CAAN” 

Established:

September 28, 1995

Location:

Strășeni

Area:

7,5 ha

Information

Industrial park “S.A. CAAN” is located in Straseni, specialising in manufacture of metal pieces / parts, refrigeration equipment and also winemaking equipment and packaging. Total value of investments for the development and production rehabilitation of the industrial park is expected to reach EUR 27 million. 

Site:

http://www.parkindustrial.md/

Industrial park “SRL Eco Garant”                                                                                                                                           Go to the Top

Established:

August 28, 2013

Location:

Edineț

Area:

18 ha

Information

Industrial park “SRL Eco Garant” is located in Edinet. The investment project provides an investment of more than EUR 25 million for the construction of a factory (production of concentrated juice from fruits and vegetables), as well as the establishment of at least 1,500 permanent and seasonal jobs.

Industrial park “La Triveneta Cavi Development”

Established:

November 5, 2013

Location:

Strășeni

Area:

11 ha

Information

It is located in Straseni, specialising in the production of low and medium voltage cables, optical fiber manufacturing and other. A value of about EUR 25 million is provided for investments in the creation and development of technical and production infrastructure of the industrial park.

There are also other places, identified on the basis of feasibility studies (all the studies are available at the  address), suitable for the establishment of industrial parks (Edinet, Falesti, Balti, Hincesti, Cantemir, Cainari).

Other Important Areas

Marculesti International Free Airport 

Established:

2008

Location:

Mărculești

Area:

265 ha

Information

It was established in 2008 for a period of 25 years. It operates on the territory of the ex-military aerodrome of Marculesti. It has a dual-purpose airfield, used for military and civil air transportation, international passenger and freight transportation, and for the fulfilment of requirements for national defence, security and international commitments of the Republic of Moldova.

The land within the limits of the Free Airport has an area of 265.23 ha, consisting of the airfield and the development region. The land is managed by the State Enterprise “Marculesti International Airport” as general investor.

Site http://www.airportmarculesti.com/

Giurgiulesti International Free Port (GIFP) 

Established:

2005

Location:

Giurgiulești

Area:

120 ha

Information

It was established in 2005 for a period of 25 years. It is located 133.8 km up the river Danube, which is included in the Rhine-Main-Danube waterway corridor, in the South of Moldova with its territory bordering directly with Romania and the Ukraine.  It has a territory of 120 ha, including a petroleum terminal, a cargo port and an industrial free zone. GIFP is capable of receiving both inland and sea-going vessels.

GIFP is within the private ownership of its general investor and operator ICS Danube Logistics SRL, a company owned by Danube Logistics Holding BV and EBRD. Unlike those of FEZ, the residents of GIFP may carry out any activity ordinarily allowed throughout the Republic of Moldova, including: port and transport services; manufacture of industrial products, including oil products; transportation, processing, packaging and finishing of goods; wholesale trade; paid services, etc. There is no minimum investment requirement to become a GIFP resident. In 2013, there were 41 residents registered.

Site http://www.gifp.md/

 

                                                                                                                                                                                                                  Go to the Top

 

The Moldovan Investment and Export Promotion Organization (MIEPO)

Is the prime source of information and assistance for potential investors. 
We provide tailored services for potential investors throughout the investment decision process. We also support existing investors in extending their operations.
Our team consists of permanent investment attraction staff, sectorial consultants, as well as regional officers.
Combining our experience, we are able to provide you with information relevant for your decision making, as well as links to businesses and government.