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Legislative proposals to support hospitality industry in times of pandemic


https://www.ipn.md/en/legislative-proposals-to-support-hospitality-industry-in-times-of-pandemic-7965_1081041.html

PAS MPs Dan Perciun and Radu Marian registered a legislative proposal that stipulates measures of support for the hospitality industry, IPN reports.

The proposal provides that the state will offer 500 lei bonus to the weekly wage of employees of companies those work program was shortened to 8pm and also 1,000 lei a week to salary earners of companies that seized operations fully, like banquet halls and clubs.

The VAT rate for the hospitality industry will be reduced from 12% to 5% and delay penalties on the payment of taxes will be eliminated if debt rescheduling contracts are signed between business entities and the state. The rental costs for the companies of the hospitality industry will be reduced by freeing the individuals and legal entities that lease out areas to such companies from paying the income tax for 2021.

The authors of the bill noted that only 6% of the companies in Moldova that operate in the hospitality industry said they received support from the state. This is much less than in Russia (25%), Romania (44%), Georgia (51%) or Poland (73%).