Parliament adopts 2027 tax policy: 8% dividend tax, 12% VAT for HoReCa

40,020 lei — the new annual personal income tax allowance, up from 29,700 lei today.

Moldova’s Parliament has passed the tax policy in second reading, with nearly 70 amendments from MPs. Most provisions apply from 2027. The tax burden on wages goes down, while some business taxes go up: dividend tax rises from 6% to 8%, and VAT on goods and services in the HoReCa sector rises from 8% to 12%.

Other key points: the 0% rate on undistributed profit is extended until 2029, and the eligibility ceiling doubles from 100 to 200 million lei (turnover or assets). The child allowance grows from 9,900 to 11,040 lei. The reduced 8% VAT stays for bread, medicines and fresh fruit and vegetables. New excise duties apply to energy drinks, some sweetened drinks and fireworks. Tax debts of up to 20 lei per budget classification will be written off automatically.

What it means for you

• Restaurants, cafés, hotels: review 2027 prices and contracts for the 12% VAT.
• Company owners: plan dividend payouts — the tax is 8% from 2027, while reinvested profit stays at 0% until 2029.
• Employees: take-home pay rises thanks to the higher allowance.
• For guidance on how the rules apply, contact the State Tax Service.

Source: Noi.md, 22.10.2026