The State Tax Service reminds taxpayers about the approaching deadline. The reminder concerns resident legal entities, including free economic zones and educational institutions, with the exception of public authorities and public institutions, as well as permanent representative offices of non-residents in the Republic of Moldova.
STS also clarifies the amount of income tax rates and the declaration form, taking into account the category of the taxpayer. The basic income tax rate is 12%, including for legal entities engaged in professional activity in the field of justice (lawyers’ bureaus, bailiffs’ union, etc.) and individuals (lawyer, notary, bailiff, licensed administrator, mediator, forensic expert), as well as legal entities engaged in professional activity in the field of health care and individual entrepreneurs.
A reduced income tax rate of 7% is paid by peasant (farm) households and small and medium-sized enterprises (4%).
Income tax in Moldova is paid in advance by legal entities. It is sent to the state budget not later than March 25, June 25, September 25 and December 25 of the tax year. At the same time, agricultural enterprises and peasant (farm) households have the right to pay the tax in two stages: a quarter of the amount – until September 25, the rest – until December 25 of the tax year.
Small and medium-sized enterprises, as well as persons engaged in professional activities in the field of justice and health care, pay income tax quarterly – by the 25th day of the month following the relevant quarter.
