Starting a business in Moldova can be an enticing venture for entrepreneurs worldwide. With just one director and shareholder required, regardless of nationality, the process is relatively straightforward. The minimum paid-up share capital of USD 300 makes it accessible for small-scale investors as well. Once established, companies must submit annual financial statements to the Commercial Registry.
Foreign nationals looking to enter Moldova for business purposes need a type C visa, which allows stays of up to 90 days within a 180-day period. Here's a checklist summarizing the requirements for obtaining a type C visa or short-stay visa to Moldova:
- Obtain a recent color photograph measuring 35 mm x 45 mm.
- Ensure your passport or travel document is valid for at least three months beyond your departure date from Moldova and has been issued within the last ten years.
- Arrange proof of residence in Moldova, such as a hotel reservation or alternative accommodation arrangement.
- Secure health insurance with coverage of at least 30,000 euros for the entire duration of your stay in Moldova.
- If traveling for business purposes, obtain a letter of invitation from the inviting company or organization.
- Provide evidence of onward travel, such as a round-trip ticket, or if driving, ensure you have a valid driver's license, green card, and vehicle registration documents.
- Obtain the printed electronic visa for Moldova.
- Have proof of sufficient funds for your stay, with a minimum of 30 euros per day, totaling at least 300 euros, even if your visit is less than 10 days.
- Obtain a letter of invitation from the Bureau for Migration and Asylum, or possess a valid visa or residence permit from an EU member state.
However, routing the visa process and understanding local regulations can be daunting. That's where EU Helpers come in. As experts in assisting entrepreneurs, we provide invaluable guidance to ensure a smooth entry into the Moldovan business landscape. Contact us for more info.