The private individuals who practice independent activities benefit from a simplified taxation system. This applies to independent activities in retail trade, except for excisable goods, as a result of which revenues lower than 600,000 lei in a fiscal period are earned. The new system is defined in the fiscal legislation and started to be applied on January 1, 217, IPN has learned from the Chisinau State Tax Inspectorate.
The individuals can register their activity by submitting applications to the local subdivisions of the State Tax Service.
The income tax is 1% of the revenues earned from independent activity, but not less than 3,000 lei a year. The tax is fully paid into the treasury income account of the budget of the territorial-administrative unit, according to the domicile of the taxpayer. The payment is made in installments, each quarter, by the date of 25 of the month coming after the corresponding quarter.
The entrepreneurs are exempted from paying the territorial development tax and tax for commercial units and/or service providing units. These are also obliged to use cash registers that enable to correctly assess the incomes gained from independent activities and ensure the protection of consumer rights.
