Moldova is a small country located in Eastern Europe. It is known for its beautiful scenery, rich culture, and friendly people. In recent years, Moldova has become an increasingly attractive destination for foreign investors looking to start a business in the country. In this article, we will discuss the steps required to register a business in Moldova.
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Step 1: Choose your business structure
The first step in registering a business in Moldova is to choose the type of business structure you want to use. Moldova offers several options, including sole proprietorships, partnerships, limited liability companies (LLCs), and joint-stock companies (JSCs). Each structure has its own advantages and disadvantages, so it’s essential to do your research and choose the one that’s right for your business.
Step 2: Choose your business name
The next step is to choose a name for your business. The name should be unique and not already registered by another business in Moldova. You can check the availability of your chosen name by searching the Moldovan State Register of Legal Entities and Individual Entrepreneurs.
Step 3: Prepare the necessary documents
To register your business in Moldova, you’ll need to prepare several documents, including:
Articles of Association (for LLCs and JSCs)
Memorandum of Association (for partnerships)
Registration application form
Identification documents for all company founders and directors
Proof of address for all company founders and directors
Step 4: Register your business
Once you have prepared all the necessary documents, you can register your business with the Moldovan State Register of Legal Entities and Individual Entrepreneurs. You can do this online or in person at the Registration Chamber of the Ministry of Justice.
Step 5: Obtain necessary licenses and permits
Depending on the type of business you are starting, you may need to obtain certain licenses and permits to operate legally in Moldova. This may include a business license, tax registration, and any industry-specific licenses.
Step 6: Register for taxes and social contributions
All businesses operating in Moldova are required to register for taxes and social contributions. This includes registering for VAT if your business will be selling goods or services subject to VAT.
In conclusion, starting a business in Moldova requires careful planning and attention to detail. By following the steps outlined above, you can ensure that your business is registered correctly and legally. Generis Global is a firm that can help you with your business in Moldova. Contact us today to learn more about how we can assist you with the legal part of your business journey in this country.