How to register a trademark in the Republic of Moldova?
The State Agency on Intellectual Property (hereinafter AGEPI) is the national office in the field of intellectual property protection and the only authority that, on the territory of the Republic of Moldova, ensures the protection of trademarks under the conditions of Law no. 38 of 29.02.2008 on the protection of trademarks (hereinafter Law no. 38/2008).
Rail transport in the Republic of Moldova
The main law for conducting railway carriage service is the Railway Transport Code of the Republic of Moldova. The current Railway Transport Code of the Republic of Moldova is in effect until 18/02/2024. On 18/02/2024 the current code will be repealed and at the same time the new railway transport code of the Republic of Moldova will enter into force
Local laws and regulations governing Road Carriage Services and truck forwarders(expedition) in Moldova
In January-September 2022, Moldova’s road transport enterprises, which have a preponderance in the structure of transported goods (79.8%), transported 11.8 million tons of goods, 6.1% more compared to the same period of the previous year. The share of goods transported by road transport in the total volume of goods transported by this mode of transport in the city of Chisinau constituted 46.6%, the development regions Center – 28.8%, North – 15.3%, South – 5.8% and UTA Gagauzia – 3.5%.
Tax system in the Republic of Moldova
The Republic of Moldova has a very attractive tax system compared to many European Union countries. The Tax Code of the Republic of Moldova provides that legal entities pay Corporate Income Tax in the amount of 12% of taxable income (general taxation system).
The Moldovan gambling sector is regulated by the Law no. 291 of 16.12.2016 regarding the organization and conduct of gambling hereinafter Law no. 291/2016). It establishes the way of organizing and carrying out activities in the field of gambling, the rights and obligations of the game organizer and the player, the state policy in the respective field, as well as the restrictions on the development of this activity to protect the morality, rights and legitimate interests of citizens.
Any company during its business must take decisions that will help to achieve the goals pursued. When the need arises to move to a new level of operation or take advantage of new opportunities, decisions related to the mode of operation are no longer enough, and then the need arises to change the very structure of the enterprise. This is achieved by reorganizing the company.
New opportunities to finance the activity for the LLC
LLC is the most widespread form of legal organization for companies. The advantages of choosing this particular form are manifold. Among the best known is the easy and fast procedure of constitution, the possibility of being constituted by a single person.
General aspects regarding the VAT regulation in the Republic of Moldova
This tax is of major importance not only for the state, as the main source of budget revenues, but also for VAT payers. In general, VAT administration is a complex thing and involves increased effort and attention for entrepreneurs. Another important aspect of that tax is the nature of its recovery. The possibility of recovering VAT is an important tool in managing a business because it has an important share in the costs of the products and services provided.
Real estate sector in the Republic of Moldova and property prices in 2022
The Republic of Moldova is a landlocked country in Eastern Europe. It is bordered by Romania to the west and Ukraine to the north, east, and south. Moldova declared its independence from the Soviet Union on the 27th of August 1991.
A few aspects regarding shares acquisition in an LLC
Limited Liability Company (LLC) is the most widespread type of the companies operating in Moldova. This is because the procedures to set up LLCs are simple and easy. In case the company already exists then the only way to enter the business is to acquire a share in it.