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Posted by: Daniela Socolovschi

News / Economic

07 July 2020 / 13:01

Turnover of IT Park in Moldova for 2019 on a rise

The turnover obtained by the IT Park residents for 2019 is 3.65 billion lei and exceeds expectations. At the same time, there is an increase of enterprises with foreign capital in IT parks - 133, but also of the number of newly created companies - 223, reports Moldova 1 TV.

According to the information presented, over half of the companies resident in IT Park write software, a quarter of them offer IT consulting, ten percent process data, and the rest operate in the field of computer games and software analysis.

Their residents pay only a single tax of 7% of sales.

"This 7% tax remains one of the most competitive models for IT development and the promotion of digital innovation in Central and Eastern Europe. The interaction with the state authorities in the virtual park regime is simplified to the maximum, which offers entrepreneurs the comfort and time necessary to focus on business development ", said Vitalie Tarlev, Secretary of State at the Ministry of Economy and Infrastructure.

The first IT park in the Republic of Moldova started its activity on January 1, 2018. It is a platform created by the Government to boost investments and to develop IT businesses, research, development and digital innovation.

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