The document provides for the authors to make a number of amendments and additions to the Customs Code concerning customs administration. In particular, several provisions of the draft relate to a company’s obligation to provide a guarantee. For example, it is proposed to extend by one year the period during which permits are issued and the processing regime is applied in the customs territory without the mandatory provision of a guarantee.
In this context, for cargo transported by rail, the exemption from the requirement to provide a guarantee will remain in effect until December 31, 2027. Vehicles registered in Ukraine will be able to remain in Moldova under the temporary importation regime until March 1, 2028.
For equipment, tools, and special devices used in the processing of goods and remaining the property of a foreign entity, it is proposed to extend the guarantee exemption until the end of 2029.
The same period is provided for temporarily imported goods intended for technical and investment assistance projects financed by loans and grants provided to the government.
As a reminder, a guarantee ensures that the taxpayer will pay customs duties (fees, taxes) should any arrears arise. It can take various forms—such as a special guarantee account in the national currency, or a bank or insurance guarantee.
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