Strategic fiscal incentives: Moldova adopts Romanian-style holiday voucher system for private sector

Moldovan employees will receive their first employer-funded holiday vouchers this summer, according to the National Tourism Office. The new initiative aims to stimulate domestic travel by providing tax-exempt benefits for workers to use at certified local destinations.
The vouchers, which can be issued in both paper and electronic formats, are capped at 50% of the average monthly salary, approximately €444 (approx. 8,700 MDL). To qualify for use, the travel package must include a minimum of two services, with accommodation being a mandatory requirement.
Strategic economic stimulus
Interim Director of the National Tourism Office, Ana Sandra, emphasized that these vouchers are a powerful tool for rewarding high-performing staff. "This instrument is tax-exempt, making it highly efficient for employers to incentivize their workforce while supporting the local economy," Sandra stated during a national broadcast.
The program specifically targets the development of rural and "experience-based" tourism. Authorities hope to redirect local spending toward domestic guest houses, cultural landmarks, and traditional craft centers, especially as regional geopolitical tensions shift travel preferences toward safer, closer destinations.

Implementation and flexibility
The vouchers remain valid for 12 months from the date of issue. This flexibility allows employees to book stays in advance, mirroring traditional holiday planning while utilizing a dedicated financial instrument. If the full amount is not utilized, the remaining funds are returned to the employer.
Inspired by the successful Romanian model, the regulation approved by the Government on February 18 ensures non-discriminatory access. Employers are prohibited from reducing salaries or limiting career growth for staff members who choose to accept these tourism incentives.
Translation by Iurie Tataru
