Operational

Costs

Moldova emerges as a highly cost-effective investment destination, offering some of the most competitive operational expenses in the region. The average hourly labor cost stands at 3.9 EUR, significantly lower than its European neighbors.

This financial advantage is extended across the spectrum of operational expenses, from affordable utility costs, such as electricity ranging from 0.10 EUR/kWh to 0.14 EUR/kWh and gas from 0.69 EUR/m³ to 0.84 EUR/m³, to
reasonable rental rates for commercial spaces, suggesting a conducive environment for both startups and established businesses looking to
maximize their investment.

Utility costs

Electricity

“Premier Energy”
• 0,12 EUR/kWh - 0.4 kV
• 0,10 EUR/kWh - 6,10 kV

”FEE Nord”
• 0,14 EUR/kWh - 0.4 kV
• 0,10 EUR/kWh - 6,10 kV

Water

• 1,19 EUR/m3 - Balti
• 0,99 EUR/m3 - Comrat
• 2,53 EUR/m3 - Hincesti
• 0,94 EUR/m3 - Ceadir-Lunga
• 1,26 EUR/m³ - Calarasi
• 1,77 EUR/m³ - Soroca

Sewerage

• 0,85 EUR/m3 - Balti
• 0,75 EUR/m3 - Comrat
• 1,18 EUR/m3 - Hincesti
• 1,51 EUR/m³ - Ceadir-Lunga
• 1,02 EUR/m³ - Calarasi
• 0,62 EUR/m³ - Soroca

Gas

• 0,69 EUR/m3 - high pressure
• 0,72 EUR/m3 - medium pressure
• 0,84 EUR/m3 - low pressure

* National Agency for Energy latest approved data in 2023

Taxes

There are 51 operational Tax Treaties for Avoidance of Double Taxation concluded by Moldova with other jurisdictions.

Although Moldova is not a member of the Economic Cooperation and Development Organization (OECD), Moldova applies OECD rules in interpreting Double Taxation Treaties.

Personal Income Tax

12%

Social Security

24%

for employer

Health Insurance

9%

for employee

Dividents

6%

Resident/non-res

MITP Residents

7%

single tax on turnover

Royalties

12%

Resident / non-resident

VAT

20%

standard rate

8%

for HORECA

6%

for natural gases

8%

i.e. pharmaceutical

0%

international transportation

Corporate Income Tax

12%

for reinvested income

7%

agricultural income

50%

reduction for FEZ
enterprises

Tax rates in comparison, %

Source: PWC, Worldwide Tax Summaries, 2023