The Moldovan Parliament adopted in its second reading a law providing for additional business support measures
The bill, which contains new legislative measures to support entrepreneurial activity, was developed by a group of members of parliament from the PAS party. It aims to correct certain identified shortcomings in the implementation of the legal framework, as well as prevent financial blockages and distortions of competition. Furthermore, another goal is to ensure the protection of the business environment and public interests. The authors noted that the implementation of the proposed legislative amendments will ensure a fairer, more predictable, and more investment-friendly legal framework without affecting financial discipline and the interests of the state. The bill contains amendments to the Tax Code. The authors proposed establishing a clear and limited exception for the application of the suspension of transactions on bank accounts and/or payment accounts. The exception will apply only to the extent of the budgetary institution's debt to the taxpayer and within the appropriations approved for this purpose. It is stipulated that the suspension of transactions on bank and/or payment accounts will not apply to the amount of taxpayer debt that does not exceed the amount owed by budget-financed institutions, within the limits of the appropriations approved for these purposes for expenses reimbursed from the budget through direct financing, or for which goods, works, and/or services were delivered. Thus, the goal is to ensure fair treatment of taxpayers who must collect amounts from budget-financed institutions and whose tax arrears are determined by delays in the fulfillment of their payment obligations. The authors also proposed changing the penalty for improper declaration of taxable income in cases that do not directly affect the state budget. Thus, the fine will range from 1,000 to 10,000 lei, instead of the current fine of 12% to 15% of the undeclared (understated) amount of taxable income. Other provisions of the draft law concern the creation of fair and effective conditions for economic operators participating in public procurement procedures. Economic operators will be able to choose the method of establishing and paying security for proper performance when signing a public procurement contract, using one of the following methods: a letter of guarantee issued by a banking institution or insurance company; a transfer to the account of the contracting authority; a deposit; successive deductions from the payment due on submitted invoices, with the corresponding amount transferred to a special account opened by the economic operator and provided to the contracting authority at a licensed bank, agreed upon by both parties; direct successive deductions from the payment due on submitted invoices. Until now, economic operators were required to provide a bank guarantee, which directly impacted the liquidity of entrepreneurs. At the same time, the authors proposed revising the sanctions for incorrectly establishing qualification criteria for public procurement participants, including in contract award documentation. The fine for any restriction of economic operators' access to public/sector procurement contract award procedures by establishing or applying qualification and selection criteria that contradict the provisions of current public/sector procurement legislation will be up to 10,000 lei. Previously, the fine ranged from 750 to 3,000 lei. // 26.03.2026 – InfoMarket.
