Moldova lowers VAT for hospitality during crisis
The hospitality industry (HORECA) will benefit from a reduced 6% VAT rate, effective today, December 16th, the State Tax Service announced.
The law mandates a reduced VAT rate for hotels, restaurants, and catering services.
Businesses must contact technical support centers to reprogram their cash registers to reflect the 6% VAT rate.
As a reminder, Moldova has declared a 60-day state of emergency. Parliament, with the support of 56 PAS deputies, approved this measure.
Translation by Iurie Tataru
