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Parliament of Moldova adopts in the first reading the draft amendments to the Law on Internal Trade.

Parliament of Moldova adopts in the first reading the draft amendments to the Law on Internal Trade.

The bill is aimed at eliminating existing regulatory inconsistencies in the legal framework related to the field of internal trade, including, provides for bringing the regulatory provisions of the Law on Internal Trade in line with the provisions of the Law on the Regulation of Entrepreneurship through Permits and the Law on Basic Principles of Entrepreneurship Regulation. The amendments also clarify more clearly the grounds for refusing to accept a trade notification, describe in more detail the activities of the authorities in relation to the effect of trade notifications, as well as the procedure for receiving, processing and issuing confirmations. The authors of the bill argue that the updated law will exclude any possibility of evasion from paying local taxes, also by including in its content a typology of commercial units through their systematization (codification) and their replacement. At the same time, the draft law includes provisions on changing the marketing of goods / services at a reduced price by introducing a separate chapter. The legal framework is also being supplemented by new provisions on domestic producers and the procedure for selling surplus agricultural products obtained from household plots or in fruit and vegetable associations. The start of the use of the automated information system for management and issuance of permits (SIA GEAP) as a platform for an information resource in the field of trade served as the basis for initiating the process of revising the law on internal trade. As noted by the Ministry of Economy and Infrastructure, the bill prepared by the department does not contain conceptual changes to the law and mainly proposes clarifications and corrections of existing provisions in order to exclude ambiguity, the possibility of misinterpretation and declarative rules. The amendments to the Law on Internal Trade are made taking into account the recommendations of the analytical study of regulations in the field of internal trade, elaborated within the framework of a project implemented with the support of the German Agency for International Cooperation (GIZ). It should be noted that the Law on Internal Trade was adopted in 2010. // 27.11.2020 - InfoMarket.

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