Audit Services for IT Companies in Moldova
How Specialized Audit Protects Your Tax Incentives and International Reputation
Introduction: Audit as Strategic Protection for IT Businesses
In the context of increased dynamics and regulatory specificity characteristic of the modern IT sector, an audit is no longer a mere formal requirement but has become a critically important tool of strategic risk management.
For IT companies in Moldova, many of which are export-oriented and benefit from special tax regimes (in particular as Moldova IT Park residents), even minor compliance errors may lead to significant tax reassessments, financial losses, and legal consequences.
A specialized independent audit is essential to:
- confirm the accuracy of financial statements;
- strengthen trust among investors, banks, and international partners;
- protect the company from tax and regulatory risks and the loss of IT Park status.
I. Mandatory Audit: Specifics for IT Park Residents
Audit regulation in Moldova is governed by Law No. 271/2017 on Accounting and Financial Reporting.
A mandatory audit in Moldova is required for companies exceeding statutory thresholds.
Moldova IT Park residents are subject to mandatory audit under specific conditions, with the main risk being strict compliance with the preferential IT Park tax regime.
Critical Risk for IT Companies
Mismatch between actual business activities and declared CAEM codes (Classification of Economic Activities) is one of the most frequent issues leading to:
- loss of tax incentives;
- additional tax assessments under the IT Park regime;
- claims and sanctions imposed by supervisory authorities.
Deadlines and Consequences of Non-Compliance
The financial audit must be completed prior to the submission of annual financial statements.
The deadline for submitting financial statements for companies subject to mandatory audit is 30 April of the year following the reporting year.
Failure to comply may result in:
- fines of up to MDL 20,000;
- disqualification of management;
- suspension of activity or blocking of bank accounts;
- criminal liability, including penalties for deliberate misrepresentation of income or expenses (up to 6 years of imprisonment).
II. Specialized Tax Audit for International IT Companies
A tax audit is an independent review of tax declarations and economic transactions performed in accordance with the Tax Code of the Republic of Moldova and international standards.
For international IT companies, the audit must focus on:
- cross-border transactions;
- intangible assets;
- application of the Moldova IT Park preferential tax regime.
Key Areas of Tax Review in IT
A tax audit for IT companies includes in-depth analysis of:
- IT Park Tax Incentives Verification of correct application of the single tax regime and compliance with residency conditions.
- VAT and Digital Services Review of VAT rates, cross-border transactions, and the reverse charge mechanism.
- Transfer Pricing Assessment of compliance with the arm’s length principle and availability of Master File / Local File documentation.
- International Taxation Review of cross-border contracts and application of double taxation treaties.
- Substance and Documentation Reconciliation of contracts, invoices, and acts of completed works to confirm economic substance.
Role of IFRS in IT Company Audits
When working with international investors, IT companies often apply International Financial Reporting Standards (IFRS), adopted in Moldova through Ministry of Finance orders between 2008 and 2017.
An IFRS audit:
- confirms compliance with international reporting standards;
- enhances investment attractiveness;
- strengthens the company’s global credibility.
III. How We Help IT Companies Pass Audits More Effectively
1. Focus on IT-Specific Risks
We provide IT audit services in Moldova based on:
- deep understanding of IT business models;
- knowledge of supervisory authorities’ practices;
- extensive experience with Moldova IT Park companies.
2. Expertise in Critical Risk Areas
- CAEM code verification as a core factor in preserving IT Park tax benefits;
- Transfer pricing audits and implementation of Master File / Local File documentation.
3. Proactive and Tailored Approach
- customized solutions aligned with business scale and financial flows;
- identification and mitigation of tax risks before inspections;
- legal and tax support in administrative and judicial proceedings.
Conclusion
An IT company audit is an investment in business sustainability and growth.
By choosing us, you receive:
- verified and reliable financial reporting;
- a documented and defensible tax position;
- practical recommendations for lawful tax optimization.
We help IT companies:
- retain Moldova IT Park status;
- avoid penalties and management disqualification;
- transform audit into a strategic business protection tool.
📩 Call to Action
Do not risk your tax incentives and reputation.
Contact BULR — we will conduct a preliminary assessment of your IT activity and prepare an audit tailored to the IT sector and Moldovan regulatory requirements.
