Economic

Moldova's patent reform a success, but some stragglers remain

Moldova's government has announced that about 80% of former patent holders have transitioned to independent activity.

According to the Ministry of Economic Development and Digitalization, 3,319 out of 4,202 merchants have complied with the patent reform and purchased a cash register.

Bălți, in the northern part of the country, had the highest transition rate, with 67% of merchants complying.

Other regions with high compliance rates include Ungheni, Strășeni, Soroca, Leova, Ialoveni, Florești, Fălești, Criuleni, Călărași, and Cahul.

In the capital, Chișinău, 80% of merchants have transitioned to independent activity.

The lowest transition rate was in Briceni, in the north-east of the country, with 52% of merchants complying.

The government extended the deadline for former patent holders to request compensation for transition costs from June 30 to September 15.

The government has allocated 35 million lei ($1.7 million) to cover compensation payments.

Translation by Iurie Tataru

Dumitru Petruleac

Dumitru Petruleac

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