Economy

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Efectos Covid19 Andorra

The coronavirus has also reached Andorra, but with a lesser impact than in neighbouring countries

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Andorra has been living in a state of confinement since 13 March 2020. Just like in France and Spain, decrees have been passed introducing exceptional measures to tackle the medical emergency caused by the SARS-CoV-2 coronavirus. Commercial and tourist activity, one of the country’s major economic drivers, has ground to a halt. The priority is clear: control the spread of the virus to prevent the collapse of the health system and reduce the impact on the population as much as …

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Andorra la Vella - Llei Òmnibus Coronavirus

Omnibus law and The State of Alert and Emergency law by Covid-19

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On 23rd March, 2020, the laws known as ‘Omnibus’ and ‘The State of Alert and Emergency’ received the unanimous approval of all the parliamentary groups represented on the Consell General (the country’s parliament or legislative body). The Omnibus law enables a comprehensive set of economic measures to be implemented to counter the effects of the abrupt halt in economic activity in Andorra. The State of Alert law includes a series of exceptional mechanisms which will only be applied if the …

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Impuestos Andorra 2º Trimestre

2020 Andorra Tax Calendar – 2nd quarter

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Below we detail the most important events on the Andorra taxpayer’s calendar for the second quarter of 2020, as well as the forms that should be submitted in each case, if required. APRIL 2020 Personal income tax (IRPF) The settlement and payment period begins for income tax for the previous financial year. The filing period ends on 30 September. (Forms 300/300L/300C). The settlement and payment period begins for withholdings and payments on account for work income not subject to the CASS …

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FMI

Andorra formally applies for membership of the IMF

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Last January, Andorra initiated the formal procedures for obtaining membership of the International Monetary Fund. Admission to this organisation will provide the principality with international solvency, which will in turn contribute to improving the country’s rating. Inclusion in the IMF, which currently comprises 189 member states, will mean that Andorra will no longer be among the five countries that are currently members of the United Nations but not part of the International Monetary Fund. What will IMF membership mean for …

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Geneva International Group

Advantia Assessors, a new member of Geneva Group International

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Advantia Assessors has joined Geneva Group International (GGI), a global alliance of independent professional firms, which has been represented in Andorra since September. Expert advice on a global scale As a member of GGI, Advantia Assessors can supplement their current knowledge and experience with world-class international resources, enabling better advice on a global scale.The significant international presence of Geneva Group International ensures constant support from local experts in operations that require internationalisation.This high-level contact network allows us to offer effective …

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