Business opportunities

{{post_date}}

abrir-negocio-andorra

Guide to opening a business in Andorra in 2023                                                     

by

The Principality has become a magnet for foreign businessmen wishing to set up in Andorra and take advantage of its many benefits. These include its excellent taxation conditions, its high quality of life and its geographical location between France and Spain, with good communications. In 2021 alone, 916 applications for foreign investment were approved and formalised. This demonstrates the Principality’s great potential. If you are thinking of opening a business in Andorra from abroad, this article is for you. Table …

Read more

crecimiento-economico

Andorra will prove to be Europe’s second-fastest growing country, according to the IMF   

by

The International Monetary Fund (IMF) forecasts that growth in Andorra will prove to be the second-fastest in Europe in 2022, after Ireland. It also points out that its progression will be higher than that of our neighbouring countries France and Spain, and will be above the average for the Eurozone. Table of contents: Forecast growth Annual Meeting of the IMF Measures that have strengthened Andorra’s position Investing in Andorra Forecast growth Every year, the IMF report assesses the prospects for …

Read more

inversión-extranjera-andorra

Foreign investment grows for another year in Andorra

by

The number of foreign investment applications in Andorra and the volume of initial investment declared grew substantially in 2021. Figures have improved compared to the pre-pandemic period, with results well above those of 2020. These are the conclusions after analysing the figures that the Government’s statistics department has shown in its report. All the relevant data are summarised for you here. Table of contents 1. Growth in the number of applications submitted 2. Nearly 1,000 foreign investment requests were approved …

Read more

Centro-investigación-grifols

Andorra will welcome a pioneering research centre from Grifols

by

Grifols will be creating a pioneering complex for scientific and health research in Andorra. The Andorran government and the pharmaceutical holding company have announced an agreement to develop a research centre that will begin operating in 2023. A new project that will position Andorra at the cutting edge of scientific research Pharmaceutical company Grifols has chosen Andorra as the location for an immunology research centre that will focus on finding new therapies and cures for immune system conditions. Location is …

Read more

aeroport-andorra-La-Seu

Andorra a little closer and better connected, thanks to the airport

by

Establishing good connections to improve access to the principality and reduce distances is a top priority. Despite the enclave being set in the heart of the Pyrenees, which doesn’t make things easy, Andorra is working tirelessly to improve communications. For this reason, Andorra-La Seu Airport is already well on the way to becoming a reality, as part of the efforts to increase the country’s connectivity. Andorra-La Seu Airport, a continuity project It is important for Andorra to have an airport …

Read more

yotubers-andorra

Why are Spanish YouTubers moving house to Andorra?

by

This article has been revised and updated in accordance with the latest amendments to Andorran regulations. Updated August 2023. At the time, there was a lot of talk about the expatriation from Spain of El Rubius, a Spanish Youtuber, for tax reasons. What other attractions do youtubers find in Andorra apart from the lower tax burden? We talked about it at the height of the controversy in 2019 with Josep Garcia, co-founder and director of Advantia Assessors.  Why are YouTubers …

Read more

abrir-empresa-andorra

New business opportunities for launching a company in Andorra

by

Andorra is well on its way to becoming a benchmark for mountain sports innovation thanks to the agreement signed with technology company Global Sports Innovation Center powered by Microsoft (GSIC). The GSIC focuses on providing coverage and helping companies in the world of sport to promote their projects globally and create tech-based business opportunities. This new agreement will allow Andorra to attract international companies and startups that are interested in developing tech projects in the snow, mountain and cycling sports …

Read more

Blockchain-Andorra||Blockchain-Andorra

Blockchain in Andorra: increasingly close to regulatory law

by

Andorra is working on a regulatory framework for blockchain technology that will open the door to the regulation of cryptocurrencies. As there are currently no regulations in force to legislate this type of activity, the principality could be one of the first countries to have its own legislation. Andorra and blockchain: another step towards digital transformation This is one of the 77 initiatives proposed by the government in Horitzó 23, Andorra’s economic plan. The digital transformation section includes a modification …

Read more

Dropshipping

Dropshipping in Andorra: a highly profitable business model

by

What is dropshipping? Thanks to the facilities it offers, dropshipping has without doubt become a very profitable internet business model. All you need to do is create an online shop to sell third-party products, without the need to store or buy them in advance. This translates into savings on stock and logistics that can be invested in the design, and positioning of your e-commerce or in the promotion of your products. This business model means that you simply act as …

Read more