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Moldova: Customs and VAT incentives for renewable energy and EU-imported vehicles

  • Moldova adopted Law No. 112, removing customs duties on wind energy installations and batteries and allowing deferral of import duties and VAT for up to 20 months on qualifying equipment.
  • Law No. 67 created a convergence fund and changed VAT/excise rules for Transnistria, including new treatment for balancing electricity and some natural gas supplies.
  • The law also redirects part of taxes and fees collected in Transnistria to help reduce regional economic and social disparities.
  • The Ministry of Finance opened consultation on a draft law to align with EU rules, offering VAT, excise, and customs exemptions for certain temporary imports from EU states, including personal vehicles, but not commercial vehicles.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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