Moldova to Increase Minimum Capital Requirements for Joint Stock Companies
The Moldovan parliament is reportedly considering a draft law to increase the minimum capital requirements for joint stock companies established in the country. The minimum capital requirement would be increased over a three-year period to:
- MDL 120,000 from 2020;
- MDL 360,000 from 2021; and
- MDL 600,000 from 2022.
Currently, the minimum capital requirement for a joint stock company is just MDL…
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