OREANDA-NEWS. May 08, 2014. This is stipulated by the amendments to the existing legislation, adopted earlier by the Moldovan Parliament and published in Monitorul Oficial.

According to the approved changes, the size of the charter capital of SRL will be established by the founders in its charter. In addition, the requirements for legal entities concerning the compulsory presence of seal for registration will be abolished. Obligatory registration of the taxpayer with the tax authority is necessary only in case if the state identification number is not the fiscal code.

Such amendments to the Tax code, Civil code, the Law on basic principles regulating entrepreneurial activity, the Law on societies with limited liability are designed to streamline the procedures, time, and costs to entrepreneurs at start-up businesses, and to improve Moldova's position in the World Bank's Doing Business.