Finally! The Republic of Moldova has begun to make tentative steps towards international standards in matters of arbitration in the resolution of corporate disputes.
The Law of the Republic of Moldova No. 229 of 31.07.2023 will come into force on October this year, according to which an arbitration agreement can now be entered into the statute of a limited liability company, allowing arbitrations to resolve disputes between its members, or between members and the company, as well as to challenge the legality of decisions of the company’s management bodies.