Strategic fiscal oversight yields €61,200 budget surplus in Moldova
The State Tax Service of the Republic of Moldova (SFS) has successfully recovered €61,200 (approx. 1.2M MDL) for the national budget following a targeted VAT compliance campaign.
In a report published on February 23, authorities also confirmed the registration of 44 new VAT payers. Notably, 35 of these entities—nearly 80%—operate within the Information Technology sector, highlighting the industry's role as a primary economic driver.
Audit-driven results and compliance
The fiscal influx stems from auditing activities related to the October 2025 reporting period. Beyond direct collections, the SFS prevented an estimated €173,500 (3.4M MDL) in unjustified VAT offsets through rigorous verification.
To achieve these results, tax officers conducted 193 field audits and administered 203 specialized questionnaires. This proactive approach ensured a 97% on-time filing rate for the period.
Legislative modernization
The compliance drive coincides with a significant update to the nation's fiscal framework. Parliament recently approved a bill raising the mandatory VAT registration threshold from 1.5 million MDL to 1.7 million MDL (approx. €86,700) in annual turnover.
Passed in its second reading on February 19, the new law is set to take effect on March 1, 2026. This reform aims to optimize the tax burden on small businesses while streamlining administrative oversight.
Translation by Iurie Tataru
