Moldova’s Ministry of Foreign Affairs announced that officials from Japan and Moldova met on 12 November 2024, to explore investment opportunities and discuss Moldova’s interest in concluding negotiations for an income tax treaty.
If an agreement is reached the new treaty will replace the Japan – former USSR Income Tax Treaty (1986).
Deputy Prime Minister for Foreign Affairs Mihai Popșoi met with Osamu Mogi, Chairman of the Committees of the Association for Relations with Europe and America, to discuss investment opportunities and prospective sectors of Moldova’s economy. The meeting took place at the headquarters of the Japanese Association of Corporate Executives – Keizai Doyukai.
Popșoi invited members of the Association and Japanese business leaders to visit Moldova to gain a deeper understanding of the opportunities the country offers such as free economic zones and attractive tax incentives.
15 companies with Japanese or joint capital are currently registered in Moldova, and the country aims to significantly increase this number in the future. Attracting more investors is a priority for Moldova.
Popșoi emphasised the government’s commitment to advancing negotiations with Japan on signing an Agreement on the Promotion and Reciprocal Protection of Investments and finalising a Convention to Avoid Double Taxation.
The minister also highlighted the positive dynamics of Moldova’s foreign trade volume with Japan, which exceeded USD 70 million in the first eight months of this year, reflecting a favourable trend and significant potential for deepening economic relations between the two countries.
