Our Expertise
Managing a global workforce in Moldova
Moldova presents unique challenges and opportunities for businesses looking to expand. Our in-depth knowledge of the Moldovan market ensures that your employment strategies are both compliant and effective, tailored to meet the specific needs of your business.
Extensive expertise
Our team of experienced, knowledgeable staff collectively provide up-to-date employment information across 180 countries, so you can always get accurate advice.
Entity-free employment
Feel free to hire employees from all over the world without being weighed down by setting up entities, running complex payroll or recruiting a hiring team.
Payroll without hassle
Have the confidence that your staff will always be paid accurately and on time, so that you can focus on your core business activities and work towards your success.
Always-on support
Access helpful, relevant, personalised advice whenever you need it, along with expert-led recruitment policies and tried-and-tested HR best practices.
"With TopSource we were able to have employees hired or maintained in Nutreco without having to establish an entity in these countries for only 1-2 employees. I think most countries are covered by TopSource, so they can help us with almost all cases. Good advice on conditions and direct contact with employees. Invoicing done directly to the company. An easy process compared to hiring employees by ourselves."
Annette van Duijnhoven
”We searched the market for a local payroll vendor in 2014 and we chose TopSource as our partner. We were looking for error-free and timely payroll processing and TopSource Worldwide delivers this, saving us time and money. We have worked together for 8 years now and would recommend them to anyone."
Praveen Lihinar
Personalised Employer of Record services in Moldova
TopSource Worldwide offers personalised Employer of Record (EOR) services tailored to meet the specific needs of your business in Moldova. This includes handling employee onboarding, payroll processing, tax compliance, employee benefits management, and HR support. Our EOR services ensure that your business meets all legal and regulatory requirements, providing a hassle-free solution to manage your Moldova-based employees.
End-to-end Moldova payroll services
Looking to expand into Moldova? Our unparalleled expertise in global payroll services ensures that your business can seamlessly navigate the complexities of payroll on a global scale, supporting your Moldova expansion initiatives.
Global entity management
Venturing into the Moldova market can be both exciting and challenging. With distinct business regulations, cultural nuances, and economic landscapes, it's essential to have a clear roadmap for your business establishment journey.
Accounting
Whether your goal is to process your purchase-to-pay transactions with minimum errors or manage your expense claim procedure, our team of experts can handle your accounting responsibilities, allowing you to focus on your core business and save time and money.
Global EOR services
Managing a diverse global workforce can be complex. This is where TopSource steps in as an invaluable employer of record services partner for companies seeking to expand their global reach while ensuring compliance with local employment laws and regulations.
Global Expansion Simplified
How to do business in Moldova
Entering the Moldovan market presents a mix of excitement and challenges. Given unique business regulations, cultural intricacies, and economic dynamics, a well-defined roadmap is crucial for a successful business establishment.
TopSource Worldwide is with you at every stage. Whether it's navigating local regulations or facilitating seamless operational transitions, our expertise ensures a swift and efficient process for establishing your business in Moldova.
Moldova Insights
Key insights into Moldova's landscape
VAT rates: The standard VAT rate in Moldova is currently 20%. It is generally applied to local supplies of goods and services as well as to goods subject to import and services subject to the reverse charge mechanism. See the Other taxes section in the Corporate tax summary for more information.
Ease of Doing Business rank: As of 2020, Moldova had an overall Ease of Doing Business score of 74.4, and scored the highest in the starting a business category, with the lowest score being in the resolving insolvency category.
Consumer Confidence Index: Consumer Price Index CPI in Moldova averaged 1507.29 points from 1994 until 2024, reaching an all time high of 4120.92 points in March of 2024
Employee maternity/paternity leave: Female employees in Moldova are entitled to 126 days of paid maternity leave. Maternity leave consists of: 70 days of prenatal leave (before the birth of a child) 56 days of postnatal leave (after the birth of a child). Paternity leave in Moldova is 14 days of paid paternity leave.
Employee termination period: Employees are generally entitled to one month's notice of dismissal, or two months in the case of the business being liquidated or a redundancy. Employees are also entitled to one day per week to seek new employment
Employee salary pay date: The typical payroll cycle in Moldova is a monthly basis, with employees paid on the 25th of each month. Penalties can be imposed to employers for late payments
Bank holidays: January 1st- New Year's Day. January 7th- Orthodox Christmas. January 8th- Orthodox Christmas Holiday. March 8th- International Women's Day. May 1st- International Solidarity of Worker's Day. May 5th- Orthodox Easter. May 6th- Orthodox Easter Monday. May 9th- Victory Day/Day of Europe. May 13th- Parents Day. June 1st- International Children's Day. August 27th- Independence Day. August 31st- National Language Day. October 14th- Chisinau Day. December 25th- Western Christmas
Our author
Mark Robbins
Global Sales Director
Mark is the Sales Director at Topsource Worldwide. He has been a pioneering figure in the global expansion space since 2013. He is the first salesperson to sell EOR services in Europe, a feat he accomplished in 2013.
Published 2023-11-14 00:00:00
Updated 2023-11-15 00:00:00
Reviewed by:
Adrian Cooney
Fact checked by:
Adrian Cooney
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