Meeting on the Economic Council to the PM

Monday 06 November, 2017
Start: Thursday 09 November, 2017 - 14.00

On November 9th, on the platform of the Economic Council to the PM was presented for discussions the Report “Phenomenon of “envelope salaries” in the Republic of Moldova: Conclusions and Recommendations” elaborated by PwC Moldova.

According to this report, the percentage of persons with an informal job is 36.35% of total employment, the highest level of informal work being registered in agriculture, constructions, industry.  As a result, the experts outlined a series of measures that could reduce the “envelope salaries” phenomenon, such as: review of the undeclared work notion, alignment of taxable and non-taxable income from the perspective of wage taxes, increase of guaranteed minimum wage, limiting the possibilities for withdrawing / obtaining cash, clarifying the tax regime for day workers activity, increase of tax controls for a longer period of time, etc.



Our Members

Foreign Investors Association (FIA) is a non-profit and apolitical association from the Republic of Moldova, founded in September 2003 by the largest companies with foreign capital in the country, covering the whole range of industries — agriculture, automotive and petroleum industry, telecommunications and IT, healthcare and pharmaceuticals, winemaking, distribution, insurance, banking, consultancy and audit.