Lease of agricultural land in Moldova

Lease of agricultural land in Moldova
Agricultural lands As agricultural land, regardless of ownership, are considered lands used to carry out activities in order to obtain agricultural products and placement of agricultural infrastructure. The category of agricultural land includes: a) agricultural land (arable land, including greenhouses, solariums and nurseries, fallow land, orchards, vineyards and nut plantations, mulberry plantations, fruit bushes, meadows, pastures, gardens, gardening plots and... Read More

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