It is important for Moldova to maintain its attractiveness to investors by creating balanced regulation - TAXCON-2025
This was stated by Andrew Hill , Senior Advisor on Tax and Competition Policy at AmCham EU, at the TAXCON conference in Chisinau. According to him, it is critically important for Moldova, which seeks to attract foreign investment and integrate into the European economy, to create a balanced regulatory environment. Overly complex and duplicative rules can scare away investors and slow down business development. The expert noted that European companies are already facing an increase in the number of rules and procedures that complicate market entry and increase costs. "Companies cannot predict their expenses and make long-term plans if the rules are constantly changing and becoming more complex," he emphasized. As an example, Andrew Hill cited the mechanism for controlling foreign subsidies in the EU. Its implementation requires significant resources and constant interaction between government agencies and businesses. If such measures are introduced without taking into account their impact on companies, they cease to be a development tool and turn into barriers. The expert noted that Moldova, when developing new rules and laws, must take into account the principle of proportionality: "Regulation must be proportionate to the goals. This will strengthen investor confidence, make the economy predictable and maintain its competitiveness in the face of global challenges."//11.09.20025 – InfoMarket.
