The standard VAT rate for the HoReCa sector in Moldova will decrease from 12% to 8%.
The relevant amendments to the Tax Code will be adopted within the framework of the draft fiscal policy for 2024. The government gave a positive opinion to this initiative, voiced within the consultations on the draft to prepare it for the parliamentary approval in the second reading. Thus, if the draft is approved by the legislature, from January 1, 2024, the standard VAT rate on food and/or beverages, excluding alcoholic products, whether prepared or not prepared for human consumption, together with related services allowing their immediate consumption, carried out within the framework of activities referred to section I of the Classifier of Economic Activities of Moldova, as well as accommodation services, regardless of the level of comfort, in a hotel, hotel-apartment, motel, tourist villa, bungalow, tourist boarding house, agri-tourist boarding house, camping, at a recreation center or in a summer camp, will be 8%. As a reminder, by order of the National Emergency Public Health Commission, during the state of emergency in the field of public health during the COVID-19 pandemic, a halved VAT rate (6%) was applied throughout Moldova in the HoReCa sector. //19.07.2023 - InfoMarket.
