VAT cut proposed for solid biofuel

IPN.md

16 August 2016
10:36

An 8% VAT rate, instead of the standard 20% one, will be applied to the entire chain of production and delivery of solid biofuel, as proposed by the draft 2017 Fiscal and Customs Policy, which is currently under public debate.

The measure will involve, among other, deliveries of raw materials, including all sorts of wastes, to produce solid biofuel, as well as deliveries of solid biofuel to produce heat and hot water.

In light of Moldova’s commitment to transposing EU legislation, in particular the European principle of promoting own sources of renewable energy, the Ministry of Finance says it is necessary to offer support to all the players in the field, engaged in both consumption and production of biofuel.

It is expected that the measure will ensure a continuous and constant growth of solid biofuel production and will stimulate consumption of homegrown fuel. Another estimated advantage is that the measure will cut state budget expenditure on VAT refunds.

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by Irina Botu 02.08.2026

Foreign citizens coming to Moldova for seasonal work can carry out agricultural activities for a period of up to nine months, cumulatively calculated within a 12-month calendar interval. The General Inspectorate for Migration presents the simplified documentation procedure for this category of workers, in the context of intensifying seasonal agricultural work, reports IPN.

Seasonal work is carried out based on an individual employment contract concluded with the employer and the confirmation of the right to temporary stay on the territory of the Republic of Moldova, issued by IGM. For seasonal workers, the procedure for obtaining the right to temporary stay is simplified and requires a minimum set of supporting documents.

Employers are obliged to notify the Migration Inspectorate about the employment of foreign citizens within a maximum of five working days from the start of activities, and to comply with the legal provisions regarding wages, working conditions, and, where applicable, the accommodation of workers.

At the same time, the IGM recommends employers to verify the eligibility of individuals they intend to hire and the validity of their travel documents, to submit the declaration regarding the request for the right of temporary stay to the territorial subdivisions of the institution, and to avoid the illegal employment of foreign citizens.

The illegal employment of foreign workers can attract administrative sanctions and restrictions on subsequent hiring.

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VAT cut proposed for solid biofuel

IPN.md

16 August 2016
10:36

The measure will involve, among other, deliveries of raw materials, including all sorts of wastes, to produce solid biofuel, as well as deliveries of solid biofuel to produce heat and hot water.

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MIA Instant Payments, two years after the P2B launch: over 3.8 million payments to businesses

by Editor Editor 01.08.2026

The MIA Instant Payments system continues to expand among users and the business environment in the Republic of Moldova. Two years after the launch of the P2B (Person to Business) functionality, over 11 thousand companies and entrepreneurs are using the solution for accepting payments, which is available in more than 23 thousand acceptance points throughout the country, reports IPN.

The platform allows payments to be made directly from the mobile phone, in a few seconds, at reduced or even free costs. According to the National Bank of Moldova, over 3.8 million payments to the business environment were made through MIA Instant Payments, with a total value of about two billion lei.

Payments to merchants and service providers can be made by scanning a QR code, accessing a payment link, or accepting a request directly in the client’s banking application. The funds reach the beneficiary in about 10 seconds, allowing for more efficient cash flow management.

At the same time, in the first year of operation of the P2G (Person to Government) component, citizens made over 113 thousand payments to state institutions, with a total value of over 64 million lei. The functionality allows the payment of taxes, fines and public services through the EVO and MPay governmental platforms, directly from the user’s financial application.

At present, in the MIA Instant Payments system, over 985 thousand unique users are registered. Monthly, approximately two million transactions are carried out through the platform, with a value of almost two billion lei.

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