Tax
A 12% income tax with a 7% IT Park turnover option
Personal income tax is 12% and corporate tax 12%, with standard VAT at 20%. Accredited Moldova IT Park residents instead pay a single 7% tax on turnover that substitutes income tax, social contributions and local taxes.
Key rules
- Personal and corporate income tax are both 12%.
- Standard VAT is 20%, with 8% for defined goods including medicines.
- IT Park residents pay a single tax of 7% of turnover, subject to a per-employee minimum.
- Small businesses below the VAT threshold may elect a 4% turnover regime.
Governing law
- Tax Code (1997)Law 1163/1997, with annual budget amendments.
- Law No. 77/2016 on information technology parks (2016)
- Law on state social insurance contributions (annual)
In practice
The single 7% tax is guaranteed by law until 2035, which is the practical anchor for structuring software work in Moldova rather than the headline income tax rate.