Business opportunities

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GGI-Global-Alliance

Our experience as part of the GGI Global Alliance

In an increasingly interconnected world, companies face major challenges in providing their services. For this reason, belonging to an international group of companies that face the same challenges as we do has become a strategy for business success. Since 2019, we have been part of an international network of companies and professional people: the GGI Global Alliance. For us, it is the perfect alliance to promote growth in the provision of services to clients from all over the world who …

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aeropuerto-andorra

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

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 a dormant airport …

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startup-andorra

Start-up : what is it, and how does this type of company work in Andorra?

In the digital age, start-ups are driving innovation and economic growth on a global scale. These emerging companies, driven by creativity and technology, have become an attractive sector for investors seeking new business opportunities. However, until the end of last year, Andorra had no specific legislation for this type of economic activity. With the approval of the new law on the digital economy, innovation and entrepreneurship, a section has been created to regulate the creation, operating conditions and characteristics of …

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economia-digital

Law governing the digital economy, entrepreneurship and innovation

El 1 de diciembre el parlamento andorrano aprobó la ley 42/2022, sobre la economía digital, el emprendimiento y la innovación. El objetivo de esta ley es proporcionar los medios que permitan desarrollar y fomentar nuevas oportunidades de negocio en el sector digital y de las nuevas tecnologías en Andorra. Pretende también favorecer las condiciones para que inversores locales y extranjeros puedan impulsar sus actividades, creando un marco legal fuerte, seguro y que genere confianza. Tabla de contenidos: Regulación de espacios …

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abrir-negocio-andorra

Guide to opening a business in Andorra in 2023                                                     

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 …

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crecimiento-economico

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

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 …

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inversión-extranjera-andorra

Foreign investment grows for another year in Andorra

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 …

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Centro-investigación-grifols

Andorra will welcome a pioneering research centre from Grifols

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 …

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aeroport-andorra-La-Seu

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

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 …

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yotubers-andorra

Why are Spanish YouTubers moving house to Andorra?

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 …

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