Moldova: VAT Reduction Announced for HORECA Sector
Moldova’s State Tax Service announced a 6 percent VAT reduction for the hotel, restaurant, and cafe (HORECA) sector. The reduction is effective immediately due to the declared state of emergency in response to energy shortages.
- The reduced VAT rate applies from December 16, 2024, to February 13, 2025.
- The VAT reduction applies to food products and beverages (excluding alcoholic beverages) intended for immediate consumption, as well as accommodation services provided by various lodging facilities such as hotels, motels, tourist villas, guesthouses, and campsites.
- Businesses are required to update their cash registers and control systems to reflect the change.
- Until the necessary system updates are completed, businesses must manually adjust the VAT amounts in their records.
The changes came into effect on the date of the announcement.
Source: sfs.md
