Banking system of the Republic of Moldova implements the IBAN code

Banking system of the Republic of Moldova implements the IBAN code
According to a press release of the National Bank, starting with 1 January 2013, the banking system of the Republic of Moldova will implement the IBAN code (International Bank Account Number) for cross-border transfers. The alignment to modern standards will bring more efficiency in this segment of the financial market, conferring safety and economic benefits. The use of the IBAN... Read More

Procedure of company reorganization in Moldova.

Procedure of company reorganization in Moldova.
 The reorganization of the enterprise is done through fusion, association, division, separation, transformation. At the fusion of enterprises, all patrimonial rights and obligations of each of them, are transferred according to the act of transfer, to the created enterprise as a result of the fusion. At the association of one enterprise with another one, the latter receives, according to the... Read More

Suspension of company activities in Moldova

Suspension of company activities in Moldova
After registration of the company, its activity may be temporarily suspended for various reasons, at the decision of the founder / general meeting for a period not exceeding three years, if no debts to the national public budget and to other creditors. The decision of founder / general meeting on suspension of the company activity, indicating the period of suspension,... Read More