Accounting Services
Accounting services support businesses in maintaining accurate financial records, transparent reporting, and full compliance with Moldovan accounting and tax regulations.
Companies operating in the Republic of Moldova must comply with national accounting standards, tax reporting requirements, and payroll regulations. Proper accounting systems and financial controls help ensure regulatory compliance while providing management with reliable financial information for decision-making.
Bookkeeping and Financial Reporting
Professional bookkeeping ensures that all financial transactions are properly recorded and reported in accordance with Moldovan National Accounting Standards (NAS) and applicable financial regulations.
Accounting support includes:
- maintenance of accounting records and ledgers
- preparation of monthly and annual financial statements
- submission of reports to tax authorities
- implementation and configuration of accounting systems
- development of charts of accounts and accounting procedures
Support is also provided in preparing management reports, cash-flow analyses, and financial forecasts, helping business owners and investors monitor performance and plan future operations.
For companies operating within international groups, assistance may also include financial consolidation and conversion between Moldovan accounting standards and international reporting frameworks where required.
Payroll and HR Accounting
Payroll calculations must comply with Moldovan labor legislation and tax rules. Accurate payroll administration helps companies avoid compliance risks and maintain transparent employment records.
Services include:
- salary and bonus calculations
- payroll tax and social contribution reporting
- preparation of payslips and employment-related financial documentation
- reporting to social security and health insurance authorities
Legal guidance may also cover the tax treatment of employee benefits, bonuses, and cross-border employment arrangements, ensuring compliance with applicable legislation.
Accounting Reviews and Internal Controls
Accounting reviews help businesses identify potential risks and ensure that financial reporting complies with statutory and internal requirements.
This includes reviewing:
- accounting records and primary financial documents
- internal accounting procedures
- financial reporting processes
- internal control systems
Where necessary, support is provided during tax inspections or financial reviews conducted by authorities, including preparation of reconciliations, explanations, and corrective measures.
By maintaining clear accounting records and effective internal controls, businesses can improve financial transparency, regulatory compliance, and operational efficiency.x
Key Legal Questions
This section addresses key questions related to accounting and financial reporting relevant to businesses in the Republic of Moldova.
Yes. All companies registered in the Republic of Moldova are required to maintain accounting records in accordance with National Accounting Standards (NAS) and applicable tax legislation. Financial statements must also be prepared and submitted to the relevant authorities.
Companies must prepare annual financial statements, and depending on their activity and tax regime, may also be required to submit monthly or quarterly tax reports related to VAT, income tax, and payroll contributions.
Yes. Employers in Moldova must calculate salaries, withhold taxes and social contributions, and submit payroll-related reports to the State Tax Service and social insurance authorities. Payroll documentation must also be maintained for inspection purposes.
Companies operating in Moldova generally follow Moldovan National Accounting Standards, but international groups may also prepare financial reports under IFRS or other international standards for consolidation purposes.
Incorrect accounting records or late submission of financial reports may lead to tax penalties, financial inspections, or administrative sanctions. Maintaining accurate accounting records helps businesses avoid compliance risks and ensures financial transparency.
Yes. Even small businesses are required to maintain accounting records and submit tax reports. Many companies choose to work with an external accountant or accounting service provider to ensure compliance with legal and tax requirements.