Capable local representation is recommended before entering the Moldovan market. Consulting with U.S. companies already active in Moldova, as well as with the U.S. Embassy and business organizations such as the American Chamber of Commerce in Moldova (AmCham Moldova), can assist in efforts to assess opportunities and prospective partners. As always, due diligence can help decrease risk. Such prudence is especially important in Moldova’s complex commercial and regulatory landscape.
It is essential to obtain solid legal counsel when structuring a company’s investment. Many Moldovan laws and regulations are vague and open to considerable leeway in interpretation, providing opportunities for corruption. Furthermore, it is important to monitor Moldova’s ever-changing legal landscape. Competent legal representation can advise on developments in the commercial environment and lessen the risk of litigation.
The U.S. Embassy’s Economic and Commercial Section can help you to locate the right partners on the local market. In partnership with the U.S. Foreign Commercial Service (FCS) Bucharest, the Embassy provides a wide range of FCS-branded services including International Partner Search, International Partner Background, Single Company Promotion, Gold Key Service, etc. as well as tailored services that fit the needs of U.S. companies.