Moldova

Ease of Doing Business in

Moldova

This page shows summary Doing Business 2012 data for Moldova. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Eastern Europe & Central Asia
Income Category Lower middle income
Population 3,561,105
GNI Per Capita (US$) 1,810.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
81 99 down 18
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 88 96 up 8
Dealing with Construction Permits 164 164 No change
Getting Electricity 160 162 up 2
Registering Property 18 19 up 1
Getting Credit 40 96 up 56
Protecting Investors 111 108 up -3
Paying Taxes 83 79 up -4
Trading Across Borders 134 139 up 5
Enforcing Contracts 26 15 up -11
Resolving Insolvency 91 97 up 6

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 88 DB 2011 Rank 96 Change in Rank up8
Indicator Moldova Eastern Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
7 6 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
9 16 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
9.1 8.3 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
9.9 10.0 14.1
No. Procedure Time to Complete Associated Costs
1 File all the documents with the State Registration Chamber for the registration of the company; obtain IDNO number 1 day MDL 1981
* 2 Open a temporary bank account and deposit at least 40% of the registered capital of the company; pay the registration fee 1 day, included in the previous procedure no charge
* 3 Obtain the registration certificate and constitutive act; obtain an official stamp from the Ministry of Information Technologies and Communication; and obtain statistical codes 1 day, included in the procedure 1 no additional charge the costs are covered by the charges listed in Procedure 1
4 Register with the Territorial State Fiscal Inspectorate 1-3 days no charge
5 Convert the company’s temporary bank account to a permanent one 1 day no charge
6 Register the company with the Social Security Fund 1 day no charge
7 Register the company with the National Medical Insurance Company 2 days no charge
* Takes place simultaneously with another procedure.

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