Electronics

Electronics

Key Facts

Unique tax on turnover in IT virtual Parks
Unique tax on turnover in IT virtual Parks

7%

Free buildable area in FEZ all over the country
Free buildable area in FEZ all over the country

500+ ha

Average Labor Cost
Average Labor Cost

397 EUR

Full load labor cost
Full load labor cost

2.6 EUR/hour

Job creation incentive
Job creation incentive

2,000 EUR/ job created

Minimum salary in 2020
Minimum salary in 2020

149 EUR/month

TAX for electronic components manufacturing
TAX for electronic components manufacturing

7%

Personal and Corporate Income Tax
Personal and Corporate Income Tax

12%

Well-educated young students, in sectorspecific faculties, are available to work in companies and increase their productivity. The educational system in Electronics covers dual VET, colleges, and the Technical University, providing a highly-skilled workforce. R&D is covered by the Institute of Electronic Engineering and Nanotechnologies, and the Technical University of Moldova.

Moldova has strong technical faculties and specific colleges, e.g. the Balti Polytechnic College, the Technical College of UTM, the Excellence Center in Power Engineering and Electronics.

The Technical University of Moldova (UTM), located in Chisinau, is the main higher education institution for technical education.

The Technical University of Moldova has competences in electronics, microelectronics and mechanical engineering, producing specialists that meet investor’s demand. Technical education is one of the strongest in the Republic of Moldova, comprising best engineers known for their expertise.

The population of Moldova comprises ca. 3.55 million people, with ca. 2.9 million above 15 years and ca. 1.2 million representing the active labor force.