INVESMENT ANATOLIE ZLOTEA 12-13 MARCH 2019, FRANKFURT # G R O W I - - PowerPoint PPT Presentation

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Mar 08, 2023 223 likes •398 views

MOLDOVA YOUR NEXT DESTINATION FOR INVESMENT ANATOLIE ZLOTEA 12-13 MARCH 2019, FRANKFURT # G R O W I N M O L D O V A T H E R E P U B L I C O F M O L D O V A O P E N E C O N O M Y T H E N E W E S T E M E R G I N G I N V E S T M E N T

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# G R O W I N M O L D O V A

MOLDOVA YOUR NEXT DESTINATION FOR INVESMENT

ANATOLIE ZLOTEA

12-13 MARCH 2019, FRANKFURT

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# G R O W I N M O L D O V A

T H E R E P U B L I C O F M O L D O V A – O P E N E C O N O M Y

T H E N E W E S T E M E R G I N G I N V E S T M E N T D E S T I N A T I O N Y O U R B R I D G E T O W E S T A N D E A S T European Union – Moldova Association Agreement /(DCFTA) - 2014 Free Trade Agreement with Turkey (2017) Member of the Community of Independent States (CIS) (2012) Member of the World Trade Organization (WTO) - 2001 Member of CEFTA - 2007 Launched negotiations with China and Egypt

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Ease of travel & Visa requirements

No visa is needed from USA, EU and CIS citizens traveling to Moldova.

Chisinau International Airport Flights per day Flights per week Winter time 25 175 Summer time 50 350

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Moldova International Ratings

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# G R O W I N M O L D O V A

M O L D O V A N T R A D E S T R U C T U R E – E X P O R T S 2 0 1 8 ( 9 M O N T H S )

RUSSIA

254,5 mln. USD (10,49%)

BELARUS

110 mln. USD (4,53%)

UKRAINE

65,5 mln. USD (2.70%)

TURKEY

104 mln. USD (4.29%)

ROMANIA

600,6 mln. USD (24,7%)

ITALY

236 mln. USD (9,73%)

BULGARIA

78,1 mln. USD (3,22%)

POLAND

102,9 mln. USD (4,24%)

GERMANY

166,1 mln. USD (6.85 %)

136,1 mln. USD (5,61%)

Total volume of Moldovan exports 1960 mln. USD +18,7%

Commonwealth

f Independent States

306,9 mln. USD (15,7%)

8,8%

European Union 1363,9 mln. USD (69,6%) +27,9

Source: National Bureau of Statistics

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# G R O W I N M O L D O V A

M O L D O V A N T R A D E S T R U C T U R E – I M P O R T S 2 0 1 8 ( 9 M O N T H S )

TURKEY

304.3 mln. USD (6.29%)

ITALY

331.2 mln. USD (6.85%)

CHINA

505.3 mln. USD (10.46%)

RUSSIA

571.7 mln. USD (11.83%)

BELARUS

114.5 mln. USD (2.37%)

UKRAINE

511 mln. USD (10.57%)

FRANCE

112.6 mln. USD (2.33%)

ROMANIA

694.5 mln. USD (14.37%)

GERMANY

390.6 mln. USD (8.08%)

POLAND

165.7 mln. USD (3.42%)

Total volume of Moldovan imports 4181,5 mln. USD 21,6%

Commonwealth

f Independent States

1013,8 mln. USD (24,2%) European Union 2108,1 mln. USD (50,4%)

Source: National Bureau of Statistics

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# G R O W I N M O L D O V A

I N V E S T M E N T F R I E N D L Y E N V I R O N M E N T

JOB SUBSIDY REGULATION Purpose: to stimulate businesses for job creation Beneficiary - any legal entity practicing entrepreneurial activity in the Republic of Moldova. The amount of the subsidy for a job created - 2 000 EUR for 2018. MOLDOVAN CITIZENSHIP THROUGH INVESTMENTS The minimum amount of the contribution to the Public Investment Fund for Sustainable Development is the equivalent of 100,000 euros The minimum investment value in at least one of the strategic development areas of the Republic of Moldova is the equivalent of 250,000 euros.

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# G R O W I N M O L D O V A

I N V E S T M E N T F R I E N D L Y F I S C A L S Y S T E M

Corporate Income Tax Value Added Tax Social Insurance Contributions

ITALY

27,9%

MOLDOVA

12%

ROMANIA

16%

UKRAINE

18%

RUSSIA

20%

SLOVAKIA

22%

ITALY

22%

MOLDOVA

18%

ROMANIA

27.75%

UKRAINE

22%

RUSSIA

30%

ITALY

30%

SLOVAKIA

35.2%

MOLDOVA

20%

ROMANIA

19%

UKRAINE

20%

RUSSIA

20%

SLOVAKIA

20%

10% for the HORECA Industry

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# G R O W I N M O L D O V A

Source: National Bank of Moldova

F O R E I G N D I R E C T I N V E S T M E N T S – O V E R V I E W 2 0 1 8

195€ 223€ 225€ 224€ 220€ 235€ 275€ 298€

2011 2012 2013 2014 2015 2016 2017 2018

Evolution of average gross salary in the economy

Source: National Bureau of Statistics Moldova

1.8€ 4.1€ 5.0€ 7.5€ 8.6€ 9.6€ 10.0€ Moldova Bulgaria Romania Hungary Poland Croatia Slovakia

Average hourly labor costs, 2018

OPERATIONAL COSTS

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F R E E E C O N O M I C Z O N E

Free Economic Zones video: https://www.youtube.com/watch?v=9NQmk_4i1K4&feature=youtu.be

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# G R O W I N M O L D O V A

G I U R G I U L E S T I L O G I S T I C H U B

3 % corporate income tax
Exemption from excise taxes and import VAT
Exemption from import and export duties
Exemption of import duties into the rest of Moldova for goods

that originate from Giurgiulesti International Free Port

Exemption of foreign employees from social insurance

contributions

✓ The only direct sea/river-borne transshipment and distribution point to and from the Republic of Moldova ✓ Regional logistics hub on the border of the EU with access to road, rail, river, sea

Incentives

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# G R O W I N M O L D O V A

Unique Tax Charged by residents

f IT Parks

7% of the sales income*

customized software development activities customer-oriented software) computer game editing activities editing of other software products management activities (management and operation) of computing means data processing, web pages management and related activities web portal activities iinformation technology consultancy activities

ther information technology service activities

Eligible activities in the Information Technology Parks

I N F O R M A T I O N A N D C O M M U N I C A T I O N S T E C H N O L O G Y S E C T O R Information Technology; Engineering ( R&D and Electronics) & Creative industry

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# G R O W I N M O L D O V A

Cable Assemblies and Wiring Harnesses Carpets/ Rugs Electronic Components and Systems Foams/ Felts Rubber Components Injection/ Molded parts Fastening systems (seatbelts) Car seat covers, trim

Success Stories ▪ Draexlmaier Automotive (wiring harnesses) 4th plant opened in 2018 ▪ Gebauer & Griller (cables) – 2nd plant in 2017 ▪ Fujikura Automotive (wiring harnesses) –2nd plant opened in 2018

A U T O M O T I V E A N D M A C H I N E B U I L D I N G S E C T O R

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# G R O W I N M O L D O V A

S U C C E S S T O R I E S O F F O R E I G N I N V E S T O R S

Financial Services Sector Information and Communications Technology Sector Industrial Production Sector

The Council for the Promotion of Strategic Projects of National Interest, chaired by the Prime Minister, was created in 2016

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G R O W I N M O L D O V A A P R O M I S E A N D A N I N V I T A T I O N

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# G R O W I N M O L D O V A

134, BD STEFAN CEL MARE SI SFANT, MD-2012 CHISINAU, REPUBLICA MOLDOVA WWW.INVEST.GOV.MD PHONE: +373 22 273654 EMAIL:OFFICE@INVEST.GOV.MD

MOLDOVA YOUR NEXT DESTINATION FOR INVESMENT

T H E R E P U B L I C O F M O L D O V A – O P E N E C O N O M Y

Ease of travel & Visa requirements

No visa is needed from USA, EU and CIS citizens traveling to Moldova.

Moldova International Ratings

M O L D O V A N T R A D E S T R U C T U R E – E X P O R T S 2 0 1 8 ( 9 M O N T H S )

M O L D O V A N T R A D E S T R U C T U R E – I M P O R T S 2 0 1 8 ( 9 M O N T H S )

I N V E S T M E N T F R I E N D L Y E N V I R O N M E N T

I N V E S T M E N T F R I E N D L Y F I S C A L S Y S T E M

F O R E I G N D I R E C T I N V E S T M E N T S – O V E R V I E W 2 0 1 8

F R E E E C O N O M I C Z O N E

G I U R G I U L E S T I L O G I S T I C H U B

Incentives

Unique Tax Charged by residents

7% of the sales income*

I N F O R M A T I O N A N D C O M M U N I C A T I O N S T E C H N O L O G Y S E C T O R Information Technology; Engineering ( R&D and Electronics) & Creative industry

A U T O M O T I V E A N D M A C H I N E B U I L D I N G S E C T O R

S U C C E S S T O R I E S O F F O R E I G N I N V E S T O R S

G R O W I N M O L D O V A A P R O M I S E A N D A N I N V I T A T I O N

TIME TO INVEST