The tax incentives that the IT sector currently enjoys in the Republic of Moldova may be phased out in the next few years. Minister of Economic Development and Digitalization Eugen Osmochescu announced this during the TVR Moldova program “Punctul pe Azi”, where he said that authorities have already started discussing an “exit strategy” to align national legislation with European Union standards.
The minister confirmed that Moldova remains attractive for IT investors, including Romanian companies that turned to the Moldovan market after similar tax incentives were removed in Romania.
“We are seeing an influx of investments from abroad, including from Romania and other EU member states, simply because we facilitated the creation of technology parks,” Osmochescu said.
He emphasized that Moldova has “the first fully digitalized park, with around 250 participating companies from more than 40 countries, including EU member states, benefiting from a tax rate of only 7%.” The official noted that these incentives represent a temporary opportunity valid until Moldova joins the EU:
“We still have an opportunity, until the moment of accession to the European Union, to capitalize on certain tax incentives in our technology parks and free economic zones, which is why we continue to attract more and more investment.”
However, the minister confirmed that the government is already working on a plan to phase out these fiscal advantages:
“We must acknowledge that at some point we will need to consider—and we have already begun discussing this within the team—a proper exit strategy to fully adjust the legislation of the Republic of Moldova regarding industrial parks, hubs, and free economic zones to the EU acquis. EU accession is our top priority, especially because it brings significant benefits both for the national economy and for our citizens,” the minister added.
Currently, companies operating within Moldova’s IT parks pay a single tax of only 7%, a fiscal regime considered one of the most competitive in the region.