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Moldova cleans up it act to attract foreign businesses

BBC
Summary
Nutrition label

77% Informative

Moldova is continuing efforts to attract overseas firms, as it tries to move past political uncertainty.

The country's standard corporation tax rate - the amount that firms have to pay on their profits - is just 12% .

Moldova IT Park ( MITP ) is a virtual scheme open to all IT firms in the country - and those that wish to move there from overseas.

The scheme is part of a wider effort by the government to modernise and expand its economy.

Moldovan IT sector workers still want to leave the country, but emigration is still high.

The biggest firms signed up to the MITP can offer IT specialists more than 100,000 a year.

The continuing war in neighbouring Ukraine is likely making some Western IT firms think twice about investing in Moldova .

VR Score

81

Informative language

82

Neutral language

31

Article tone

semi-formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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