Modernization of the rules regarding limited liability companies - a step towards harmonization with European standards

Abstract

When the Republic of Moldova chose the path of joining the European Union, new horizons were opened for the limited liability companies in the country. This process is not only a political one, it is actually a strategic opportunity for the economic transformation of our state, through its integration into the European market. For limited liability companies, the involvement in this process implies not only the access to a clearer and more predictable legal framework, but also increased opportunities for financing and cross-border collaboration. In this light, the harmonization of national legislation with that of the EU represents not only a step towards the alignment with the European legal standards, but also a bridge towards the expansion and consolidation of domestic companies on the European market. In this regard, the exploration and capitalization of these opportunities are essential for the sustainable development and sustainable competitiveness of the limited liability companies of the Republic of Moldova in the European economic landscape.