​​​Amendments to tax legislation and other normative acts​

In short

Laws No. 318, 320 and 321/2025 have been published, introducing amendments to tax legislation and other normative acts. 

In detail

Income tax 

Non-taxable income sources

Certain non-taxable income categories, including letter z17) of the Tax Code have been updated. Specifically, if a provision (including deferred income tax under Article 87(11)) is reversed during 2023–2026, the related income will be taxable. 

Deduction of expenses related to entrepreneurial activity

The list of deductible expenses has been expanded to include: 

• expenses related to the gratuitous transfer into the ownership of the system operator by system users of connection installations, power lines, electrical stations, distribution points and/or transformer substations through which the delivery of electricity may be ensured, in accordance with Law No. 164/2025 on electricity.

• expenses incurred for the benefit of independent entrepreneurs who conduct independent activities under Chapter 104 of the Tax Code, for which deductibility will be allowed in the following cases: 

• The expenses are borne by taxpayers who, on the last day of the fiscal period, have no more than nine employees, annual turnover up to MDL 18 million or total assets up to MDL 18 million and expenses that do not exceed 10% of the taxpayer’s annual wage fund for the relevant fiscal period.

• The expenses are borne by taxpayers whose main activity (over 70% of turnover) is one of certain specific types of activities, according to the Moldovan Classification of Economic Activities (CAEM-2). 

The deductibility cap set for expenses relating to admission fees and membership dues intended for the activities of employers’ associations, foundations and other associations representing business activities, as well as expenses in the form of financial allocations to trade unions for use for the purposes established in the collective labour agreement, has been adjusted. The deductibility cap is 0.15% of the wage fund or an amount of admission fees and membership dues not exceeding two national average monthly salaries, as forecast and approved by the government for the year in which they were incurred.

Tax payment – deadlines, options 

The possibility to defer payment of income tax has been extended to 2026, inclusive, until the payment of dividends for that period. Companies may opt for this if, on the last day of the tax period, they have no more than 249 employees and either (i) annual turnover of up to MDL 100 million or (ii) total assets of up to MDL 100 million. They may pay the calculated income tax by the 25th day of the month following that in which dividends were paid, including in the form of shares or equity interests out of profits earned in the 2023–2026 tax periods, inclusive.

This option is not available to business entities engaged in activities listed in Section G of the Moldovan Classification of Economic Activities that, on the last day of the tax period, have more than 49 employees and either (i) annual turnover exceeding MDL 50 million or (ii) total assets exceeding MDL 50 million. 

Deductible expenses for individuals

The range of deductible expenses for individuals has been expanded. Thus, expenses paid by an individual during the tax period for their own education and/or professional development, as well as for the education of dependents (children), offered by educational institutions provided for in Article 15 of the Education Code No. 152/2014 are deductible up to MDL 20,000. This amount applies cumulatively to all types of education and/or professional development and to the total number of beneficiaries. 

Value added tax (VAT)

The VAT registration threshold has increased from MDL 1.2 million to MDL 1.5 million. 

A reverse charge has been introduced for supplies of certain energy products.

The method for determining the taxable amount of a taxable supply has also been clarified. Therefore, the taxable amount is reduced by the value of any price reduction granted to customers at the time of supply in the form of discounts, rebates, bonuses, loyalty points or other forms of price reductions. 

Mandatory health insurance for 2026

The rate of mandatory health insurance contributions was maintained at 9% of the wage fund and other remuneration for employees. 

The fixed medical insurance contribution for payers who insure themselves individually is maintained at the 2025 level, namely MDL 12,636.

Social security contributions (SSCs) for 2026

The rate of SSCs payable by employers remains at 24%. The SSC rates owed by employers across all sectors also remain unchanged. 

The annual fixed SSC amount has been increased from MDL 20,518 to MDL 22,878.

Other important changes 

The concept of ‘promotional campaign’ has been redefined in the Tax Code. Under the revised wording, a promotional campaign is a method of promoting sales, with or without organising announced contests, involving the granting of gifts, prizes, tax refunds, bonuses or other winnings/incentives resulting from the commercial practices implemented by the taxpayer.

As of 1 July 2026, the specific tax regime applicable to salary payments for employees in road passenger transport by taxi will be repealed.  

[Source: Law amending certain normative acts (tax area) No. 318, Law on the state social insurance budget for 2026 No. 320 and Law on the compulsory health insurance funds for 2026 No. 321 of 29 December 2025, as published in the Official Gazette Nos. 659–661 of 31 December 2025]

To remember

The provisions of Laws No. 318, 320 and 321 of 29 December 2025, amending certain tax legislation and other normative acts, entered into force on 1 January 2026.