1. Name of the legal entity. Name or company
You must prepare several titles in advance before submitting documents for business registration.
All names of enterprises in Moldova are written in the Latin alphabet. It can be transliteration as well.
The name of the enterprise, firm, should not coincide with the already registered name. It must differ by at least three letters from the existing one. Moreover, with such a difference, you will probably not be allowed to have your name an integral part of another name – another enterprise. For example, an existing enterprise “SuperCom”, you will probably already be refused registration of an enterprise with the name “Super”.
The name of the enterprise should also not coincide with the registered trade mark in Moldova.
2. Company logo (if any)
Before placing a hastily prepared logo on an enterprise seal, make sure it does not resemble registered trademarks or logos and designations of other companies. Otherwise, troubles cannot be avoided.
The logo (emblem) of the company must be prepared in advance – before the registration of the company.
3. Legal address of the company
Before registering a company, you should decide on a legal address.
Consider the following points:
– Your tax office will be located in the sector or area where the business is registered. Therefore, do not rush to register an enterprise in any village if you intend to work in the capital. If the tax audit discovers that you are not at the legal address, fines cannot be avoided.
– The legal address is indicated in all official documents of the enterprise and you should immediately think about the presence of divisions, branches and representative offices.
– The legal address can be ordered as a last resort as a separate outsourced service. But remember! There are tons of companies out there that are ineptly managing their services for you. For example, in the practice of a company known to us, there was a case when the tax inspectorate came to check the enterprise at the legal address, the secretary, who was there, said that “we provide only the postal address”. The competent secretary or lawyer must confirm that the client’s legal address is located here and provide a power of attorney to represent the interests of the client’s company.
4. Consider the tax policy of the company in advance
There are three main types of taxes in Moldova:
Income tax – 3%,
Dividend tax – 15%,
Value Added Tax – 20%
5. Consider in advance the types of activities of the enterprise
It would not be entirely correct if the enterprise is engaged in agriculture – to prescribe consulting in the types of activities.
6. Hire a professional lawyer
A lawyer or legal company will help you find the pitfalls and ways to get around them when registering a company.
It is the registration of a company with a good name and a successful start that will determine your success.
We wish you good luck!