Moldova
Remote makes employment in Moldova easy. With our localized contracts, easy invoice management, and best-in-class compliance, you can grow your global team with confidence. Note that we can currently employ contractors in Moldova but our employer of record services are not yet live.
- Capital city
Chișinău
- Currency
Moldovan leu (L, MDL)
- Languages
Romanian
- Population size
2,640,438
Facts & Stats
- Capital city
Chișinău
- Currency
Moldovan leu (L, MDL)
- Languages
Romanian
- Population size
2,640,438
- Ease of doing business
Very easy
- Cost of living index
32.68 (2021)
- Payroll frequency
Bi-Monthly/Monthly
- VAT - standard rate
20%
- GDP - real growth rate
3.6 (2019)
The Republic of Moldova (Republica Moldova) is a parliamentary republic in Eastern Europe, sandwiched between Ukraine and Romania, and famous for its love of wine, elaborate monasteries, and the chunky aurochs emblazoned on their unique flag.
With a high human development index and strong economic performance, Moldova boasts a thriving services sector – a pointer marking Moldova as a growing target for talent expansion.
Grow your team in Moldova with Remote
You can pay contractors now in Moldova with Remote in some currencies (talk to an expert now for full details).
Note that we are busy building our own entity in Moldova to provide you with the best possible employment solutions for your employees, but our employer of record service is not yet live in this country.
To employ in Moldova, companies must own a local legal entity in the country or work with a global employment solution. Developing the processes required to manage payroll, benefits, taxes, and onboarding in countries like Moldova can get complicated fast, especially without localized expertise.
If you're looking to start hiring in a country like this, partnering with a global employment solution like Remote makes it easy for your company to employ workers quickly, cost-effectively, and in full compliance with all local legislation.
In the countries where we do offer our EOR services, Remote takes on the responsibility and legal risks of international employment so you can focus on hiring great talent and growing your business.
Risks of misclassification
Moldova, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Moldova may lead to fines and penalties for the offending company.
Employing in Moldova
The Labour Code of the Republic of Moldova is the principal legislation spelling out provisions for employee protections and workers’ rights for Moldova’s workforce of 872,000.
Employees in Moldova enjoy protections against discrimination based on age, religion, sexual orientation, gender expression, and race.
Common questions that could come up during the hiring process include minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Moldova.
Minimum Wage
The Moldovan minimum wage is fixed at 2775 Moldovan lei ($153.46) per month, for private sector workers.
Payroll Cycle
For customers of Remote, all employee payments will be made in equal monthly installments on or before the last working day of each calendar month, payable in arrears.
Competitive benefits package in Moldova
At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practicing “fair equity”, which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).
We are still busy building our own entity in Moldova, but our benefits packages for all countries are tailored to fulfill the local needs of your employees. Typically, our packages contain some or all of the following benefits:
Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Taxes in Moldova
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Moldova.
24 – 32% - Social security contributions
Types of Leave
Employees are entitled to 28 days of paid leave annually, which can be split up, provided one part lasts at least 14 days.
Employment termination
Termination process
An employee contract may be terminated after it runs its course, if a just cause is established, or if the employer encounters financial challenges that make it impossible to follow through on the remainder of the contract’s term.
Notice period
Employers must provide at least two months’ notice if they’re terminating an employee for financial reasons, or just a month’s notice, if the decision is due to unsatisfactory performance on the employee’s part. Employees who’re being let go for misconduct are not entitled to prior notice of termination.
An employer must inform the union an employee belongs to before finalizing a decision to let an employee go.
Severance pay
Employees are entitled to a severance package equivalent to a week’s wages for every year worked, and at least one month’s pay, if they’re being let go for financial reasons, i.e., bankruptcy, etc.
Probation periods
Probation periods in Moldova can last up to three months, or six, in the case of employees engaged to occupy official positions.