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The document ceased to be valid since  December 16, 2016 according to article 21 of the Law of the Republic of Moldova of  July 21, 2016 No. 179

LAW OF THE REPUBLIC OF MOLDOVA

of July 7, 2006 No. 206-XVI

About support of the sector of the small and medium companies

(as amended on 15-12-2016)

In view of special value of the sector of the small and medium companies in ensuring sustained economic growth of the Republic of Moldova, need of its support by creation of the stable legal and economic conditions promoting development of business activity based on Item r) parts (3) article 72 of the Constitution of the Republic of Moldova.

The Parliament adopts this organic law.

Chapter I. General provisions

Article 1. Sphere of regulation

(1) the Purpose of this law is creation of the institutional, regulating and administrative circle favorable for development of the sector of the small and medium companies.

(2) This law establishes bases and legal, economic and organizational forms of the state support of development of the sector of the small and medium companies.

(3) the Criteria provided by this law are basic and do not deprive the state of the right to pay special attention to the sector of the small and medium companies.

Article 2. Classification of the companies on micro, small and medium. Their determination

(1) the Sector of the small and medium companies is created from set of the micro, small and medium companies.

(2) the Microcompany is the business entity corresponding to the following criteria: the annual average number of workers is no more than 9 people, the annual amount of sales returns no more than three million lei, all-annual book value of assets no more than three million lei.

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