• Since January 1, 2020, the tax on the sale of real estate has increased.

In the Tax Code has the concept of capital assets.
In accordance with Art. 39 Tax Code , apartments and residential buildings are related to capital assets.
Capital assets are characterized by an increase or loss of capital during their sale. If an apartment or house is sold at a price higher than it was purchased, that the seller received a capital gain. When selling a property is subject to income tax capital gains.
Until January 1, 2020 h. (7) Art. 40 of the Tax Code stipulated that for tax purposes a capital gain of 20% is recognized. In other words, income tax (at a rate of 12%) is subject to capital gains of 20%
Example:
In 2019, a citizen sold an apartment at a price of 500 thousand MDL. Previously, he bought this apartment for 400 thousand MDL . The taxable capital gain is 20,000 MDL ((500,000 MDL - 400,000 MDL ) x 20% = 20,000 MDL ). Accordingly, the amount of income tax on this transaction will amount to 2,400 lei (12% of the 20,000 MDL increase).
From January 1, 2020, part (7) of Art. 40 Tax Code acts in the new edition. The share that the state recognizes as an increase and intends to tax, has grown from 20% to 50%.
The amount of capital gains in the tax period is 50% of the amount in excess of the recognized capital gains over any losses incurred during the tax period.
In our example, taxable capital gains will reach 50,000 MDL.
(500 0000 MDL - 400 000 MDL) x 50% = 50 000 MDL (recognized capital gain).
The amount of income tax on this housing purchase and sale transaction will be 6,000 MDL (against 2,400 MDL earlier).Income tax increased by 3600 MDL
. The tax became 2.5 times higher than before January 1, 2020.

Source of information: TAX EXPERT

Shares in Moldova

Information about charities and problem situations with concrete offer of assistance and social support in Moldova.
The mission of the charity section - the salvation of seriously ill children and creating a culture of philanthropy in society. The survey provides information about charitable organizations that provide assistance to children suffering from any specific illness, children without parental care, children with developmental disabilities, etc.
Information card charitable organization includes contact information, and information about area activities, beneficiaries, the types of assistance and work with volunteers. It contains detailed information to assist charities to private individuals for urgent treatment of seriously ill children. Help can be both financially and in the form of goods or services.
Direction of care: reasonable financial support to orphanages, celebrations, development and promotion of children's art and sport, emergency medical care for a child, etc. The proceeds are directed at creating and strengthening material-technical base of children's homes, to improve the conditions for finding children to purchase...

Republic of Moldova - an attractive destination for investments!

Welcome to Moldova!

Welcome to Restaurant Prezident

Selling of profitable businesses in Moldova

Welcome to our site where you can be acquainted with actual proposals of profitable small and middle businesses in Moldova. Also, if you do not find an appropriate business object, you will be able to send a request for purchasing of business with yours desirable conditions and our experts offer you the best alternative variant. Follow this link, you can subscribe to newsletter about new offers of profitable businesses. For businessmen, wishing to sell the business in the shortest possible time we offer free placement of your object on our site and on sites of our partners. Besides searching of potential buyers, we accompany a contractual procedure from the beginning till full transfer of property rights. Please, leave a request for sale of your business, and we will acquaint with it wide interested audience, that allow to accelerate a sale process. Our main motto - decency and honesty. We protect reputation of our clients and pay high attention to ours one. Our Goal - accelerate, simplify and secure process of sale for a business owner, as well as for a buyer, in the current economic situation and hardtimes in the Moldova. We are always glad to help you!