Employer of Record in Moldova | Hire Worlwide Talent

Employer of Record in Moldova

Expanding to Moldova? EOR Services Help You Hire Globally, Pay Locally, Expand Effortlessly

Through collaboration with our seasoned Employer of Record in Moldova, you can effortlessly recruit, hire, and manage employees without the need for a local structure, all while easily navigating the intricate challenges and expenses of global expansion. 

Our PEO services in Moldova provide a secure, efficient, and cost-effective solution for sourcing, employing, and managing local talent. With INS Global’s exceptional PEO services available in Moldova and over 100 countries worldwide, you can effortlessly handle a diverse, international workforce from anywhere. 

As the authorized employer, our dedicated Employer of Record (EOR) in Moldova expertly manages all HR-related responsibilities on your behalf. This streamlined process empowers businesses to expand in days, reducing the time and costs associated with international business growth. 

Employer of Record in Moldova - Summary

Employer of Record in Moldova

The Advantages of Using a Professional Employer Organization in Moldova

Ensure Legal Compliance

PEOs in Moldova have the local experience needed to ensure that your business always complies with the most complex labor laws. This empowers your business to grow without worrying about hefty fines or penalties along the way. 

Reduce Expansion Costs

Working with a local PEO allows you to streamline the entire expansion process in Moldova. PEO services  enable you to launch in a new market more efficiently, saving you time and money. 

Grow Your Company Faster

PEOs take all the HR-related responsibilities off your shoulders. This clears the way for you to focus on growing your business abroad in the most efficient way possible.  

Expand Quickly and Effortlessly

When you partner with a local PEO, you dont have to establish a new company in every market that you wish to expand to. This way, you can reduce the time needed for expansion from around 4 to 12 months down to a matter of days. 

Manage Your HR Remotely

INS Global offers a modern, cloud-based solution to help you manage your workforce remotely. In this way, you can keep a close eye on your team no matter where they are in the world.  

Why Choose an EOR in Moldova Over Company Incorporation?

Establishing a new company takes both time and money. Working with an EOR in Moldova simplifies the entire process and allows you to launch in a new market in as little as 48 hours. 

Working with a Moldovan EOR… 

  • Saves time 
  • Reduces expansion costs 
  • Ensures legal compliance 
testimonial from Manuel Ramos

Testimonial

Manuel Ramos

TERAO ASIA

Managing Director

We think INS Global is a good solution about starting in a market like China. Understanding the market doesn’t mean you need to set up a company immediately. 

5/5

What is an Employer of Record? Moldova and a Streamlined Market Entry Strategy

INS Global’s PEO in Moldova empowers your company to expand abroad in 4 simple steps 

  1. We work with you to create a strategic plan that meets all your expansion needs. 
  2. Our organization provides the legal entity to help recruit and employ staff in Moldova. 
  3. We handle HR-related responsibilities such as recruitment, employment contracts, and payroll to ensure legal compliance. 
  4. Your employees work towards your goals while we take care of HR and compliance. 

The Difference Between PEO And Employer of Record Services in Moldova?

When expanding, you may be considering working with a PEO (Professional Employment Organization) or an EOR (Employer of Record) in Moldova. Here are the core differences that you should know about. 

  • PEOs offer HR-related services to your employees and handle tasks such as payroll processing, tax compliance, and contract management.  
  • EORs go a step further by legally recruiting and hiring employees on your behalf at home or abroad. 
  • In a PEO arrangement, the contract is established between your company and the employee. 
  • In an EOR arrangement, you direct the contract, but it is made between the EOR and the employee on behalf of your company. 

Labor Law in Moldova - 2024

Employment Contracts in Moldova

  • Employment in Moldova should always come in the form of an official offer letter. 
  • Employers can include a probation period for the first 3 months for new employees. 
  • Employers can terminate the employee without severance during the probation period. 
  • The employment contract should include details about the nature of employment and a short description of the duties and responsibilities of the employee. 
  • An employer can terminate the contract early if the employee violates the conditions of their employment contract. 
  • Employees typically get 1 month’s notice when being dismissed, but this can extend to 2 months if the company is closing, or their role has become redundant. 
  • Employees who are eligible for severance pay typically receive 1 week’s pay for each year that they have been with the company. 

Working Hours in Moldova

  • The working week in Moldova runs from Monday to Friday. 
  • Full-time employees typically work 8 hours per day with a maximum of 40 standard hours per week. 
  • Part-time employees can work 20 hours per week, but this depends on the specific role. 
  • Employees are entitled to a higher hourly rate for overtime. This is generally 150% for the first 2 hours and 200% for the remaining hours 

Annual Leave in Moldova

  • Moldova has 14 official national holidays. 
  • Employees are entitled to a minimum of 28 calendar days of paid leave per year. 
  • Employees may be entitled to more time off according to their employment contract or CBA. 
  • The scheduling of time off is subject to the employer and the requirements of the business.  

Sick Leave in Moldova

  • Moldovan labor law allows employees to take 5 days of sick leave per year.  
  • Employees should notify their employers before the start of the working day and provide a medical certificate as proof of illness.  
  • Paid sick leave for the 5 days remains at the employee’s normal salary. Additional days off may be at a reduced rate depending on the employment contract.  

  

Maternity / Paternity Leave in Moldova

  • According to Moldovan labor law, female employees are entitled 70 days of leave before giving  birth and 56 days after. 
  • Maternity leave is paid from the employee’s social insurance fund.  
  • During the first 3 years of the child’s life, employees are eligible for partially paid holidays 
  • Male employees are entitled to 14 days of paternity leave when the child is born. 

Tax Laws in Moldova

  • Employers in Moldova are responsible for withholding all payroll taxes and social contributions before making payments to employees.  
  • The total social security contributions for employees in Moldova are equivalent to 24% of their gross salary. 
  • Employees working in certain jobs or industries have a higher rate of social security contribution at 32% of their salary. 
  • Employees in the agricultural sector pay only 24%, with 18% paid by the employer and 6% paid by the state budget. 
  • Moldovan employees are subject to a 12% flat tax rate on all their income. 
  • All employees must report and file their own taxes every year. 
  • The corporate income tax rate in Moldova is set at 12%. 
Employer of Record in Moldova

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FAQs

No, it is necessary to use a local entity abroad to comply with each country labor law.

Foreign companies can either set up a local entity in each country or use the services a local PEO (Professional Employment Organization) to hire the staff on-site directly.

The employer of record is the legal entity liable for the staff employed in a specific country. In practice, a foreign company can either open a subsidiary to become the employer of record of its abroad employees or use a PEO to act as the employer of record.

Liabilities may vary from country to country and include all the staff management responsibilities: labor contract issues, payroll management, and tax compliance, social security management, expenses claim declaration, hiring and termination
procedures, etc.

In general, 1-month is necessary to have an employee based out abroad using an existing PEO as the employe of record. When incorporating a new subsidiary to be the employer of record, the delay varies from 4-12 months.

PEO services streamline your expansion plan, and the costs are typically a percentage of your employee’s salary. 

Yes, working with an Employer of Record in Moldova is a legal and efficient solution that streamlines your expansion plans while reducing costs. 

Salaries are typically processed monthly for full-time employees, while part-time workers may prefer weekly or bi-monthly payments. Employers are responsible for deducting taxes and social contributions.

INS Global simplifies and streamlines recruitment, hiring, and staff management remotely, reducing the costs associated with managing an international workforce. 

Yes, an Employer of Record in Moldova can recruit and hire employees from all regions, expanding your talent pool search to wherever you need it. 

Any changes to employment contracts require mutual agreement. A Moldovan PEO ensures compliance with local labor laws. 

Yes, employers in Moldova are responsible for deducting taxes and social contributions from employee salaries. 

INS Global customizes services to your specific needs, assisting you in recruiting and hiring as many employees as required for your expansion plans. 

Termination costs vary based on circumstances. Employees with tenure may be entitled to a minimum of one weeks pay for every year that they have worked for a company. 

You can hire employees for in-person or remote opportunities in Moldova, allowing flexibility and cost-efficiency during market entry. 

Absolutely! Our recruitment experts have vast experience in hiring top talent globally. We offer comprehensive support in recruiting, hiring, and managing your workforce, regardless of your location. 

Moldova has 14 national holidays, and most employees are entitled to a paid day off. Working on these holidays usually entails a higher hourly rate. 

Strict labor laws and regulations must be adhered to in order to avoid penalties and fines. Working with an experienced PEO in Moldova ensures compliance during seamless expansion. 

Yes! INS Global enables you to recruit and manage a diverse workforce remotely, making it simple to hire both Moldovan citizens and foreigners. 

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