Question of the day

In order to benefit from the VAT refund programme implemented by the Law establishing measures to support entrepreneurial activity and amending certain legislative acts No 60/2020, the applicant SME must have been registered for VAT purposes from (at least) the month of December 2019.

To benefit from the VAT refund programme, the SME is to submit to the Directorate-General for Tax Administration (see: https://www.sfs.md/Adresetelefoanedecontactsiemail.aspx) o request accompanied by Annexes required and VAT calculations. The company will then be subject to a thematic fiscal controlin the context of which the SFS will examine whether the undertaking has all the formalities duly completed.

Within 20 working days from the lodging of the application, the SFS will send a notification of acceptance or rejection of the application. If the application is accepted, the SFS will transfer the amount of refunded VAT accrued to the corresponding bank account within 5 working days from the date of acceptance. In case of rejection, the request can be modified and re-submitted. Alternatively, the rejection decision may be appealed within 30 days.

The period for which a VAT refund may be requested is may – December 2020. There are no time limits for submitting the application, but it must be submitted after all tax obligations have been duly paid.

Source: Extract from the publication “Emergency Legal Advice for SMEs” prepared by the Economic Council to the Prime Minister and supported by the EBRD Impact Fund for Small Business.