company. address. accounting. law
everything in one place.

services

company set up

preparation and submission of the necessary documents, assistance in selecting activity codes, picking up founding documents, help in choosing a commercial bank and opening the bank accounts

De la 6.000 LEI

accounting

recording transactions in software, tax calculations, tax reporting, VAT refund, payroll, preparation of financial statements

De la 1.000 LEI

consulting

how do taxes work in Moldova, choosing between SRL & SA & II, how accounting works in Moldova, the process of hiring people, drafting contracts, how do you become a resident of Moldova IT Park

De la 600 LEI

legal address

possibility to register the company with a physical address with free access in the center of Chisinau, without the possibility of owning the space.

De la 300 LEI

company liquidation

preparation and submission of the necessary documents, closing bank accounts, preparation of the liquidation balance sheet, submission of the announcement in the Monitorul Oficial

De la 10.000 LEI

audit

financial statements audit, the mandatory audit for Moldova IT Park residents, auditor's confirmation for investment validation to obtain residence permit

De la 5.000 LEI

EOR (employer of record)

preparation of employment agreements, official employment, activation of medical insurance, salary and tax calculations, salary payments

De la 8.000 LEI

dosarul prețului de transfer

analysis of the economic circumstances in which transactions between affiliated parties take place, filling in information and dossier forms

De la 15.000 LEI

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    about us

    The Wolfx brand has its roots back in 2014, emerging after a split from the ASG brand.
    The Wolfx team aims to implement a different kind of accounting, one based on collaboration, responsiveness, communication, and understanding. At Wolfx, time is a value. Here, you will find people who respond quickly to requests. For Wolfx, being quick also means being accurate, precise, and compliant with the law. Therefore, at Wolfx, you have the opportunity to truly understand what it means to be a professional in this field. Sounds enticing? Try it and see for yourself!

    team

    Vera Lupu

    Co-Founder

    Vladimir Leasco

    Co-Founder

    Oxana Lupu

    Founder & CEO

    Nicu Ilcu

    Accounting Manager

    Liuba Rebeja

    Accounting Assistant

    Ana Florea

    Senior Accountant

    Corina Iacob

    Payroll Specialist

    Nadejda Cimpoes

    Senior Accountant

    Stefan Cucovici

    Junior Accountant

    Ecaterina Grisciuc

    Junior Accountant

    Elena Malaireu

    Senior Accountant

    Iulian Andries

    Junior Accountant

    clients

    frequently asked questions

    how much time does it take to create a LLC with single shareholder who is citizen of Moldova?

    After the appointment at the Public Services Agency is done, the company is created in no more than 3 working days. There is a possibility of setting up in 4 hours. If the shareholder has an electronic signature, the company can also be created online. The Wolfx team can also manage the whole process.

    Do I have to issue a factura fiscala if I work with foreign companies?

    Generally, in international practice, the invoice is used as the confirming document for delivery. However, the fiscal invoice can also be used in certain situations.

    Do I need authorization/license for my type of activity?

    There are certain types of activities that cannot operate without authorization or a license (e.g., any type of commercial activity requires authorization). Contact the Wolfx team to find out more details or access the link..

    What is Moldova IT Park?

    MITP is a park where whose residents have economic benefits:

    • Single tax of 7% of turnover (not to be confused with profit)
    • Salary taxes are included in the single tax of 7%. Gross salary = net salary
    • Any company that corresponds to IT activities can join the park.

     

    What are the salary taxes in the Republic of Moldova?

    The total salary taxes (CTC) are in the amount of 45% and are composed of:

    • 24% social insurance paid by the employer
    • 9% medical insurance, withheld from the employee
    • 12% income tax withheld from the employee
    You can use www.salarii.md for more calculations.

     

    What are the company's profit taxes?

    The company that has a VAT code pays the tax in the amount of 12% of the gross profit. The company that does not have a VAT code, pays the tax in the amount of 4% of the total income.

    Is it mandatory for the company's administrator, who is also the sole founder to be employed?

    Considering that the administrator, as owner of the LLC, even if he has the duties that an employee would do, is basically not an employee of this LLC, so he is not obliged to conclude an employment agreement for the position of the administrator or other activity that he does individually in the name of the LLC in which he is the founder, nor to establish a salary.

    What is the right legal entity type from the legal point of view?

    In practice, 3 legal forms are most common: limited liability company, joint stock company and sole proprietorship. The joint stock company and the limited liability company are legal entities and are liable for the obligations assumed only with the company's assets. The sole proprietorship bears unlimited liability for its obligations with all its personal patrimony. The members of his family also bear unlimited joint responsibility for the obligations of the sole proprietorship with all their personal patrimony.

    What is the factura fiscala and how is it issued?

    The fiscal invoice is the document issued upon completion of the delivery of goods or services. If the fiscal invoice is accepted/signed, typically it means that the customer has received the goods or services and has no claims regarding the delivery. The fiscal invoice should not be confused with the invoice (proforma). The fiscal invoice can be issued in digital format through a special portal or on paper.

    Where do I find all the necessary document templates (minutes, orders, contracts, requests, etc.)?

    You can find templates for business documents on the internet. However, because Moldova's legislation imposes specific rules for some documents, we recommend contacting the Wolfx team, and we will provide you with templates of any kind.

    If the law allows me not to be employed in my company, then how can I get the money out of the company for personal use?

    If you are not an employee of the company where you are a founder and you want to use the company's profit for personal purposes, it is possible to pay dividends. When paying dividends, an additional 6% income tax on the founder's income will be withheld.

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