Top Reasons to Outsource to Moldova. Hire software developers in Moldova.
Major factors that increase the popularity of nearshore outsourcing to Moldova are:
- Educated and skilled workforce, excellent technical skills and familiarity with industry best practices: SCRUM, PRINCE2 and ITIL
- Proficiency in languages (Moldovan, Russian, English and often German and French)
- One of the lowest cost nearshoring location in Central and Eastern Europe (cost advantage over Ukraine and Belarus). The monthly salaries of Moldovan software developers have experienced steady growth
- The Technical University of Moldova and The State University of Moldova prepare 2000 IT graduates every year
- Legislation with EU norms
- Tax and customs framework similar to that of EU
- European culture and business similarity
MOLDOVA IS WORLD’S 5TH COUNTRY WITH LOWEST EXPOSURE TO GLOBAL FINANCIAL CRISIS
Even more reasons why companies should consider nearshore outsourcing to Moldova
- Geographical proximity with European countries, bordered by the EU (Romania) to the West and CIS (Ukraine) to the East
- The Chisinau airport provide connections with most major European cities within 3 hours flight
- Time Zone GMT+2
- EU Schengen visa which allows a stay for up to 90 days in any 180-day period in the EU Schengen area
- Member of the United Nations, Council of Europe, the OSCE, the World Trade Organization, the International Monetary Fund and the World Bank
- The only country with autonomous trade agreements with the EU and free trade agreements with the CIS
- Ranked as the 5th country in world with lowest exposure to the current financial crisis (The Banker)
- Ranked 78th out of 189 economies for ease of doing business (World Bank’s Doing Business 2014 Report)
- Attractive corporate income tax of 12%
- Income tax of 7 to 18% with exemptions for foreign personnel
- VAT at 20% and VAT reimbursement on export activities
