Types of Companies in Moldova

The liberal legislation on setting up new companies in Moldavia and the privatization of companies owned by the state have encouraged the development of the private businesses. Even though, as a small state, it does not have one of the most powerful economies, there are plenty incentives for foreign investment. The most common company types used in Moldova are limited liability and joint stock companies.

Open a Moldavian Limited Liability Company (Societate cu raspundere limitata - SRL)
The Moldavian limited liability company does not differ too much of ordinary limited liability companies. It is one of the most common forms of business organization, along with joint stock companies. It can be established by one person who provides a minimum capital of MDL 5.400 of which at leas 40% must be paid prior to registration. The remaining amount must be paid in a 6 month term, after registration. The members of a Moldavian limited liability company are liable for the company's debts and obligations only to the extent of their contributions.

Create a Moldavian Joint Stock Company (Societate pe actiuni - S.A.)
The Moldavian Joint Stock Company is designated for business at a larger scale. It can be also set up by one person who provides a minimum capital of MDL 20.000 which must be fully paid up prior to registration. The shareholders who make contributions receive shares of prior established nominal values. As in a limited liability company, the members of a joint stock company are liable to the company's debts and obligations only to the extent of their contribution to the capital of the company. A Moldavian joint stock company must have a supervisory board of at least three members and a managing board.

Form a Limited Partnership in Moldavia
A Moldavian limited Partnership is a business entity rarely used in Moldavia. It does not have to be registered with the Commercial Register in Moldavia and is designated for small business. It must be established by at least two partners, or legal entities who join together in the same business purpose. A Moldavian limited partnership has at least one general partner in charge with the management of the company who is fully liable to the partnership's debts and obligations. Also this partnership type implies the existence of at least one limited partner, who does not play any role in the management of the partnership, instead being liable for the company's obligations to the extent of his or her contributions.

Open a General Partnership in Moldavia
Moldavian general partnerships are structured as ordinary partnerships. They do not have to be registered in order to function, and do not require a minimum capital. However it is mandatory that at least two partners or legal entities incorporate it through a deed of incorporation. In a Moldavian general partner all the partners are general, meaning they conduct management activities being fully responsible for the partnership's debts and obligations.