Moldova plans fiscal policy shifts for 2027

Moldovan Finance Minister Victoria Belous has indicated that the current zero-tax regime on undistributed profits may only remain predictable for approximately three years. While the policy, in place since 2023, defers taxation until dividends are distributed, the government is considering a permanent zero-rate model similar to the Estonian practice for certain sectors.

The proposed 2027 fiscal policy includes increasing the tax on dividends from 6% to 8%. To focus on economic growth, the preferential regime will exclude wholesale and retail trade, prioritizing instead the manufacturing and processing sectors. The government estimates the current facility results in a budget loss of approximately 400 million lei.

In discussions with AmCham Moldova, officials addressed business proposals regarding tax reinvestment and the alignment of Moldovan fiscal legislation with European Union standards. The Ministry of Finance aims to balance budget revenue needs with the goal of creating a competitive environment to attract investment and encourage companies to reinvest profits into development.