Moldova — VAT excise exemptions phaseout

Moldova's Parliament adopted a law (approved 30 April 2026, promulgated 5 May 2026) phasing out the VAT and excise-duty exemptions previously enjoyed by companies based in the Transnistrian region on goods brought into Moldova-controlled territory. VAT and excise on around 11 categories of excisable and luxury goods (alcohol, tobacco, fuels, electricity, vehicles, jewellery, precious metals and stones) apply from 1 August 2026, extending to ores and base metals from 1 January 2027; a Ministry of Finance implementing decision setting rates and procedures was in public consultation 3-17 July 2026. Revenue is earmarked for a Transnistria 'Convergence Fund'.