
Moldovan government reduces minimum agricultural activity threshold to 70 per cent, needed to benefit from social contribution compensated by state
The minimum agricultural activity threshold necessary to benefit for the compensated social contribution from the state budget has been reduced from 95 per cent to 70 per cent. This change follows the government's approval, at a meeting on 18 June, of amendments to the Law on the Public Social Insurance System, which concerns the conditions of contribution for economic operators in agriculture.
“The reduction from 95 per cent to 70 per cent of the minimum agricultural activity threshold needed to benefit from the compensated social contribution from the state budget means that agricultural enterprises (individuals or legal entities) that conduct at least 70 per cent of activities in agricultural sectors (according to groups 01.1–01.6 of the NACE classification) will be able to calculate social contributions at a rate of 18 per cent from their own resources, while 6 per cent will be covered by the state budget,” said the Ministry of Agriculture and Food Industry (MAIA).
Thus, farmers will have greater freedom to get involved in other complementary economic activities, without losing the entitlement to the support provided through the social insurance system, the cited source added.
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