ORDER OF THE GOVERNMENT OF THE REPUBLIC OF MOLDOVA

of October 18, 2010 No. 972

About the Program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024

According to the Law No. 179 of July 21, 2016 on the small and medium companies (The official monitor of the Republic of Moldova, 2016, Art. No. 306-313, 651), for the purpose of mobilization human and attraction of financial resources of migrant workers – citizens of the Republic of Moldova for sustainable economic development of Moldova, DECIDES: the Government

1. Approve:

The program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024, according to appendix No. 1;

paragraph two of ceased to be valid;

institutional structure of the Supervising committee of the Program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024, according to appendix No. 3.

2. Functions on accomplishment of the Program to assign to the Organization for development of the sector of the small and medium companies coordinated by the Ministry of Economics.

3. Financial program implementation:

from budgetary financial resources – at initial stage of implementation of the Program;

by the financial means raised from foreign partners – at stage of development and promotion of the Program.

3-1. The financial activities within the Program are the scheme of the little significant help and fall under action of requirements of the Law No. 139 of June 15, 2012 on government assistance and the Regulations on the little significant help approved by the Resolution of the Plenum of Competition council No. 2 of August 30, 2013.

4. Ceased to be valid according to the Order of the Government of the Republic of Moldova of 15.08.2017 No. 652

5. To impose control over the implementation of this Resolution on the Ministry of Economics.

Prime Minister

Vladimir Filat

Countersigns: Minister of Finance

Vyacheslav Negrutsa

Appendix №1

to the Order of the Government of the Republic of Moldova of October 18, 2010 No. 972

The program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024

1. Determination of problem

The migratory phenomenon in the Republic of Moldova was registered, since the middle of the 90th years when most the companies suspended or limited the activities, kolkhozes were destroyed, the equipment became outdated and did not bring in the desirable income. Thereof the leakage of labor power and mass migration of the population in recent years increased.

At the same time the problems connected with underdevelopment of business activity, especially in the rural zone, and also, insignificant amount of the money transfers invested in national economy became obvious.

As a result of testings and researches number of premises for involvement of the state and, respectively, approval by the Order of the Government of the Program for attraction of money transfers in economy of "PARE 1+1" for 2010-2024 was revealed (further – the Program):

a) limited access to information resources about business development opportunities in the Republic of Moldova;

b) insufficiency of mechanisms on support of the beginning and business development;

c) the number of emigrants, is preferential from the rural zone;

d) low level of entrepreneurial skills of potential entrepreneurs;

e) limited access of small and medium entrepreneurship to credit facilities;

f) lack of financial resources for the beginning of business;

g) the low level of development of the small and medium companies (further – MSP), especially in the rural zone;

h) low amount of the money transfers invested in economy.

2. Purpose

The program is directed to mobilization human and attraction of financial resources of the population which voluntarily went abroad the Republic of Moldova (further – workers-migrants) for implementation of labor activity and sustainable development of economy of the Republic of Moldova.

3. Tasks

Enters tasks of the Program:

a) increase in level of informing workers-migrants from the Republic of Moldova and receivers of money transfers about business development opportunities in the homeland;

b) increase in level of entrepreneurial skills among workers-migrants and receivers of money transfers;

c) stimulation of the basis and development of the small and medium companies by labor migrants and receivers of money transfers;

d) simplification of access for workers-migrants and receivers of money transfers to the financial resources necessary for the basis of development of MSP in the Republic of Moldova;

e) promotion of financial culture and savings;

4. Target group

Will take part in the Program:

a) workers-migrants from RM which left the countries for the purpose of implementation of labor activity which can document that financial resources which they own are received by money transfer;

b) the spouses/spouse and relatives of the first degree of relationship of workers - migrants.

5. Duration

Ceased to be valid according to the Order of the Government of the Republic of Moldova of 15.08.2017 No. 652

6. Criteria of the choice

Participation in the Program will become possible if the applicant corresponds to the main conditions:

a) is the worker-migrant from the Republic of Moldova, the spouse/spouse or the relative of the first degree of relationship – the receiver of money transfers;

b) is citizen of the Republic of Moldova;

c) wishes to begin own business in the Republic of Moldova or to develop already existing;

d) will be able to prove, having provided documents that financial resources are received by money transfer.

7. Implementation, coordination and control

The organization for development of the sector of the small and medium companies (ODIMM) bears responsibility for implementation, coordination and monitoring of the actions provided in the Program.

Consideration and approval of requests for financing, monitoring and assessment of actions and procedure for accomplishment of the Program are performed by committee which part representatives of the interested bodies and organizations are (further - the Supervising committee). The supervising committee convenes the regular meetings, as required, but at least once a quarter. The institutional structure of the Supervising committee affirms the order of the Government, and its members affirm the order of the Minister of Economic Affairs.

8. Program components

Component I – Informing and notice

Component II – Training and support of entrepreneurship

Component III – Financing business/rule 1+1

Component IV – Post-financial monitoring and assessment of the Program

Component I – Informing and notice

The campaign for informing and promotion of the Program will be held for the purpose of broad informing the public, including target group, about start and program implementation, selection conditions, and also the organizations responsible for implementation of the Program.

Within component I the various ways and tools including will be used:

a) the organization of information raids to regions, and also holding information actions within bodies of public management and local NGO, etc.;

b) the publication of Articles and announcements in mass media, including carrying out radio - and telecasts on the www.odimm.md, www.me.gov.md, www.businessportal.md, www.migratie.md pages and the websites of partners in ODIMM development;

c) distribution of information prospectuses and posters on bus stations, at the airports, at railway stations and other places of accumulation of target group;

d) the organization of information events which will be held within embassies and representations of the Republic of Moldova abroad;

e) the organization of information actions by means of association of diasporas.

Component II – training and support of entrepreneurship

Enters component II:

1) Order taking for participation

For participation in the Program each participant fills in the file which contains, without fail, packet of the following documents:

a) standard application for participation in the Program;

b) voided;

c) voided;

d) the declaration under the personal liability on origin of money transfers;

e) the declaration under the personal liability on accuracy of the data, provided for participation in the Program;

f) copy of the identity certificate of the worker-migrant of the spouse/spouse/relative of the first degree of relationship of the worker-migrant;

g) the documents confirming the relations of "spouses/spouse" or degree of relationship with the worker-migrant (the identity certificate, the certificate of birth, the certificate on adoption, the marriage certficate);

h) the documents confirming origin of money transfers:

- the employment contracts of migrant workers and/or references confirming the salary, the income of migrant workers, the issued not later than 5 (five) years from the date of application for participation in the Program;

- bank account statements or copies of the documents confirming bank money transfer;

- customs declarations;

- other documents confirming origin of money transfers.

The completed file is submitted the applicant (personally or by e-mail) in ODIMM where it will be registered, with indication of date, time and registration number.

For convenience of participants of the file it can be given through the representative, on condition of presentation of the original of the power of attorney.

Applicants who provided incomplete files will not be allowed to participation in the Program. Applicants are notified on it by ODIMM in writing within 30 working days from the date of registration of the file.

The term of registration and submission of the file appears on the official sites of the Ministry of Economics, ODIMM, and also in the press.

2) Selection of participating finalists;

The file submitted applicants will be estimated by ODIMM, taking into account observance of all eligibility criterions.

Candidates are notified on the admission to participation in the Program or reasonable refusal.

3) Training of participants;

The rates of entrepreneurial preparation consisting of modules lasting in 50 class periods will be carried out by ODIMM in all territory of the Republic of Moldova. Participants of the Program are provided with didactic and consulting materials. Participants of rates pay 50% of their total cost.

4) Support after training

Participants of the Program will get free advice in the choice of due legal form of the company, including registration of the company. Also, considering that the business plan is necessary for financing of the company, ODIMM will provide to participants the individual help in its development, and also consultation throughout start and business development.

The component II is obligatory for all, except for the physical persons and legal entities which are engaged in business activity and having profit for the last 3 years.

Component III – Financing business/rule 1+1

After training within the Component II participants of the Program will be able to receive irretrievable grant for creation of the new companies and/or development of already operating.

Grant is presented according to the rule 1+1, i.e. each leu invested from money transfers is supplemented with 1 leu from the Program in the form of irretrievable financing. The maximum amount of grant will not exceed 250 000 lei.

The applicant who is the migrant worker, the spouse/spouse or the relative of the first degree can receive irretrievable financing within the Program once.

1) Grant is presented to participants of the Program in all territory of the Republic of Moldova for beginning/development of business activity, with observance of ratio of 30% of the total amount of the budget for municipiums of Chisinau and Belts (respectively 20% and 10%) and 70% - for other settlements.

Within this Program all types of activity, except for are acceptable for financing:

commodity import and raw materials;

trust and insurance activity;

activities of investment funds;

banking activity, microfinancing and other financial activities;

currency exchange and activities of pawnshops;

gamblings;

purchases of the real estate;

trade;

the services of public catering provided in municipiums of Chisinau and Belts.

Unacceptable costs / goods:

the goods and services acquired at the physical persons which are not registered as subjects of business activity;

goods with the raised depreciation degree;

the goods which were purchased by means of transactions on exchange of goods, clearing transactions and contracts for concession of rights to claim;

value added tax;

bank charges, expenses on bank guarantees and similar payments;

costs of currency exchange, the taxes and losses connected with currency exchange;

transportation expenses;

expenses on insurance;

the customs duties and other expenses connected with the procedure of customs clearance;

expenses on training;

cost of services in installation, installation, and also works on mechanization;

installation and construction works;

acquisition of the invaluable and fast-wearing-out objects cost is less or equal 6000 lei;

purchase of construction materials due to irretrievable financing;

subject to investment from money transfers and irretrievable financing which were financed by other programs / projects of the help.

Also special attention needs to be paid to the projects assuming creation of new workplaces or business which will provide development of the sector of production of goods and services.

2) For participation in the Component III of the Program the participant shall add the file with the following documents:

a) request for financing;

b) the certificate on passing of rates of entrepreneurial preparation within the Program if earlier requested;

c) the statement from the State register of legal persons / the Register of farms (issued no more than in three months prior to date of application for participation in financing);

d) constituent documents of the company: decision on registration of legal persons / registration card of farm;

e) identity certificate of the administrator, founders or authorized persons;

f) the business plan at least for the 3-year period;

g) the declaration on given government assistance at the expense of other programs of support.

In case of operating plants, it is necessary to add with the following documents:

a) certificate on absence or availability of debts to the state budget / declaration on lack of debts to the national public budget;

b) the declaration under the personal liability on financial condition of the company for the last 3 years of activities.

The standard application for participation in the Program and the list of documents which shall be attached to the file will be available online on the official web http:www.odimm.md page.

3) Consideration of the file about financing provided by participants is performed by ODIMM within 30 working days from the date of their registration. After consideration of the specified files of ODIMM they will be transferred to approval/refusal to the Supervising committee of the Program.

The supervising committee of the Program within 30 working days from the date of registration of the file (except for incomplete files) accepts one of the following decisions:

a) approves the request for financing;

b) rejects the request for financing with indication of the reasons;

c) brings in the waiting list for clarification of some established ambiguities.

Decisions, Programs adopted by the Supervising committee, can be appealed according to the legislation on administrative court.

In case of approval of the specified file, ODIMM signs with the participant the agreement on irretrievable financing in which the procedure and terms of irretrievable financing is provided.

4) Irretrievable funds within the Program are provided to the participant after implementation upon investments due to money transfers, on the basis of the submitted supporting documents, with condition of observance by the participant of provisions of the current legislation. The purchase made at the expense of the company for up to 3 (three) years for date of application for financing on component III of the Program is considered investment. The planned investment can be performed at most in 3 stages. Therefore, the grant (in the amount of 50%) will be paid to the participant after each stage of the performed investment due to money transfers and provision of supporting documents.

5) Irretrievable financial transfer is not allowed if:

a) the participant from bad faith performed investment, the cost of investment components significantly exceeds the volume of investment;

b) the participant did not perform investment with respect for transparency and justice, excepting conflict of interest, taking into account concept of the conflict of interest provided in the Program;

c) the performed investments do not correspond to the investment components specified in the business plan of the participant and in the agreement on irretrievable financing;

d) investments were performed with violation of the current legislation.

Within the Program use of the status of the founder/administrator of the company in own interests or affiliates for the organization of dummy transactions with participants of the Program for the purpose of confirmation of implementation of investments due to money transfers and irretrievable financing will be considered as conflict of interest for participants/applicants of the Program. Affiliates are the husband/wife, relatives to the second degree of relationship with the founder and/or the director who are users of provisions of the Program. The members of the Supervising committee of the Program involved in consideration of the file for financing and program management fall under action of provisions of the Law No. 133 of June 17, 2016 on declaring of property and private interests.

Staff of ODIMM signs the declaration on responsibility concerning conflict of interest concerning participants of the Program.

Component IV – Post-financial monitoring and assessment of the Program

Participants of the Program shall keep by means of the agreement on irrevocable financing invariable founders, owners (owner) of the company for at least 2 years after receipt of the last part of grant. Also, according to the agreement, participants have no right to change type of activity of the company for others, unforeseen the Program.

Participants of irretrievable financing will be exposed to ODIMM monitoring, since date of transfer of the last part of tranche of irretrievable financing, within 24 months and without delay, in case of need.

Quarterly ODIMM needs to provide to the Supervising committee reports on monitoring and assessment of the Program.

In case of non-compliance with conditions of this Program the financial resources provided within the Program will be returned in the following cases:

a) financial resources were used not for designated purpose, provided in the agreement on irretrievable financing;

b) the company replaced the founders / participants or members with persons which are not corresponding to selection criteria within the Program;

c) the company performed sale of the investment components acquired after implementation of the investment project both due to money transfers, and by means of irretrievable financing;

d) the company replaced core activity for which irretrievable financing at the expense of the Program, on the unauthorized types of activity provided by the Program was received;

e) the company does not accept, avoids monitoring from ODIMM and/or submits false documents, declarations which do not correspond to reality;

f) investments due to cash transfers / irretrievable financing were performed with violations of the current legislation which were found by ODIMM or competent authorities after award of irretrievable financing.

The participant shall compensate the received amount, and also expenses connected with servicing of the agreement on irrevocable financing.

9. Cost

Ceased to be valid according to the Order of the Government of the Republic of Moldova of 15.08.2017 No. 652

10. The expected results

10. Assessment of impact of implementation of the Program

For assessment of impact of implementation of the Program will be analyzed:

a) number of the trained persons (the migrant worker, the spouses/spouse or their relatives of the first degree of relationship);

b) volume of investment into national economy;

c) amount of the money transfers invested in national economy;

d) the number of the financed companies;

e) the number of the companies which are created/developed in the city and rural zone;

f) the number of the companies which are created/managed by young people / women;

g) quantity of the created new workplaces;

h) the number of the companies - exporters of goods and services;

i) number of the innovative companies;

j) organizationally legal forms of the companies financed by the form activities;

k) contribution of participants of the Program to the national public budget.

 

Appendix № 2

Voided according to the Order of the Government of the Republic of Moldova of 15.08.2017 No. 652

Appendix №. 3

to the Order of the Government of the Republic of Moldova of October 18, 2010 No. 972

Institutional structure

The supervising committee of the Program for attraction

money transfers in economy of "PARE 1+1" for 2010-2024

Representative of the Ministry of Economics, chairman of the Supervising committee

Representative of the Ministry of Economics

Representative of the Ministry of Labour and Social Protection

Representative of the Ministry of Foreign Affairs and European Integration

Representative of the Ministry of Finance

Representative of the Ministry of infrastructure and regional development

Representative of the Ministry of Agriculture and food industry

The representative of the State office (The Liaison Bureau with diaspora)

Representative of Chamber of Commerce and Industry of the Republic of Moldova

Representative of International Organization For Migration

Representative of delegation of the European Union in the Republic of Moldova

Representative of National confederation of patronages of the Republic of Moldova

Representative of the Organization for development of the sector of the small and medium companies, secretary of the Supervising committee

 

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info