Moldova Enacts Tax Reform Law Including Increased Tax Rate on Financial Insurance Companies, Revised Reduced VAT Rates, and Increased Tax Rate on Dividends

Moldova published Law No. 247 in the Official Gazette on 31 October 2026, which contains several tax reform measures. The main measures include:

• The introduction of a temporary 18% corporate tax rate on financial and insurance companies in the 2027 tax period;
• The extension of the existing reinvested profit tax deferral mechanism for qualifying SMEs for the period 2027 to 2029, along with an increase in the maximum threshold of total assets or turnover to qualify from MDL 100 million to MDL…