International businesses are constantly searching for new opportunities to optimize their business operations and introduce new technologies into their working systems through investment or product purchasing. The pandemic has forced companies to be even more creative, and explore lesser-known countries for outsourcing. Recently, Moldova – a European nation on the border of the EU – has popped onto the radars of many US companies seeking excellence, innovation, and savings.
To discover why Moldova is an attractive destination for investing or outsourcing IT services, we invite you to join this webinar organized by the Embassy of the Republic of Moldova to the USA, the American Chamber of Commerce in Moldova (AmCham Moldova), and the Romanian - American Chamber of Commerce, on opportunities for US investors in Moldova's unique IT sector.
International rankings place the Republic of Moldova high as a state with a developed electronic communications infrastructure, that is favorable for the development of business in the field of information and communication technology. ICT is one of the most dynamic sectors in the Moldovan economy and represents one of the priority areas for development and expansion for the Moldovan Government.
A significant boost to the ICT sector development has been given by the incentives offered by the innovative Moldovan virtual IT park legislation. Moldova IT Park is built on a unique concept in the world, allowing its resident companies to have a virtual presence in the park and enjoy a 7% single tax regime.
Currently, it hosts almost 700 resident companies, of which 150 companies with foreign capital from 34 countries. They have more than 11,500 employees and reached an annual turnover of 250 million euro in 2020.