Comunicacio

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jubilarse-andorra

The advantages of retiring in Andorra – a complete guide

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In addition to its appeal as a location for investors seeking to establish businesses, Andorra is a tranquil and advantageous place in which to retire. Retirement in Andorra has several advantages, including favourable economic conditions and a high quality of life. One of the most appealing aspects of Andorra is its reputation for being a safe country. Andorra is also an ideal natural environment located in the Pyrenees. This is an ideal place for those who value direct contact with …

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Declarapp

New method for declaring the IGI in Andorra

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The Government of Andorra has presented ‘Declarapp’, a new application designed to facilitate the declaration of IGI (General Indirect Tax) on purchases made outside Andorran territory (whether or not they have benefited from tax-free status), as well on purchases made in online shops and collected by the Spanish Post Office and the Post Office. This change reflects the recent legislative changes in the field of taxation. The new tool represents another advance in the digitalisation of public administration in Andorra. …

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acord-associacio-europa

An Association Agreement between Andorra and the European Union

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Andorra is a microstate in Europe. It is neither part of Spain nor part of France, although it shares cultural characteristics with its neighbours due to its geographical proximity. Like other countries of its type in Europe, it does not belong to the European Union or the European Economic Area. However, it has had agreements with the EU since 1990. The country is currently negotiating an association agreement to widen relations with the EU, and to give it access to …

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inversión-extranjera-inmobiliaria

New law affecting the tax on foreign investment in real estate

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If you are interested in investment opportunities in Andorra, or have already taken the first steps, you are probably aware that there has been a significant change affecting the acquisition of Andorran property by foreigners. We refer to a new tax on foreign investment in property. Announced in September last year, this measure brings to an end a temporary moratorium and marks a turning point in the conditions for those wishing to take advantage of the country’s potential.Find out how …

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implement-eor

How does one implement an EoR in one’s business strategy?  

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When a company wants to make the leap to the international level, it can either establish itself in the host country or perform its activities through an Employer of Record (EoR), an option that offers numerous advantages. In this article, we discuss how to effectively implement the Employer of Record in one’s business strategy. Table of contents: How does an Employer of Record work?When does one need the services of an EOR?Incorporating the EoR strategy into one’s business strategyThe benefits …

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employer-of-record

What is an Employer of Record and how can these help you?      

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When a company wants to expand beyond its borders, it faces the challenge of managing employees in different countries. This is where the concept of the Employer of Record (EoR), also known as the legal or local employer, comes in. The EoR has become an essential figure for companies that decide to grow in countries in which they have no headquarters. Table of contents: What is an Employer of Record (EoR)?What can an Employer of Record do for your business? …

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aeropuerto-andorra

How has the opening of Andorra-La Seu d’Urgell Airport affected the country?

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Last Update: 5/01/24 Until recently, the only way to reach the Principality was by road. If you wanted to get there by air, you had to fly to Barcelona or Toulouse, which were the closest airports. However, they are about three hours away by car or public transport. To make itself more accessible, Andorra launched its first airline, connecting the Pyrenees with Madrid, at the end of 2021. Table of contents: The Andorra-La Seu d’Urgell Airport A new start for …

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Informe-anual-fmi

The Andorran economy will grow by 2.1% in 2023, according to the IMF

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The International Monetary Fund’s (IMF) latest Annual Report provides global economic forecasts, highlighting broad trends and offering in-depth analysis of individual economies. It serves as a guide to understanding and anticipating economic movements on a global and regional scale.Andorra, as the 190th member of the organisation, is also included in this analysis. The report provides a detailed overview that lets us paint a clearer picture of what the economic future may hold for our country. Table of contents: Improvement of …

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Tax burden

What is the tax burden in Andorra?

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Andorra stands out for its fiscal competitiveness and its tax system, which is comparable to that of other countries. Its economic stability, underpinned by a sound fiscal policy, makes it an attractive location for investors looking for new opportunities abroad. Much of the available information focuses on what taxes are paid and at what rate, but less attention has been paid to the way in which they are collected. In this article, we discuss the tax burden in Andorra, another …

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informe-economic

The economic performance of Andorra in 2022

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In 2022, the global economy experienced several changes and challenges. It was a year marked by changes in government policy to deal with the consequences of rising inflation, increases in interest rates and rising prices. As elsewhere, Andorra’s economic outlook was varied and dynamic. This is reflected in the 2022 Economic Report presented by the Andorran Chamber of Commerce, which analyses last year’s growth situation and the prospects for the future. Table of contents: The country’s growth reaches the level …

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