foreign investment

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domiciliar-empresa-andorra

What you need to know before registering a company in Andorra

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When you decide to set up your business in the Principality of Andorra, one of the key steps is to register it there. This involves more than just choosing a postal address; it also requires you to comply with a series of legal and technical requirements that are essential for operating correctly. Table of contents: Why is it mandatory to register your company in Andorra? Why can’t one set up a company without a valid registered address in Andorra?Minimum requirements …

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convenios-evitar-doble-imposicion-andorra

How to benefit from a double taxation agreement in Andorra

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One of the main obstacles for any foreign investor is the issue of international double taxation. Paying tax on the same income in two countries can reduce the profitability of a project or slow down investment. But Andorra has established itself as an appealing location thanks to its double taxation agreements, which facilitate optimisation of taxation and provide legal certainty for businesses and individuals. This article explains how to take advantage of these agreements and the benefits that they offer …

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inversió-estrangera-andorra-2024

Foreign investment in Andorra in 2024: main figures and key sectors         

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Foreign investment in Andorra remained active in 2024, with notable movements in certain sectors. Although the property sector continued to grow, formalised direct investments decreased slightly, though the number of applications submitted was higher than in 2023. At the end of May, the statistics department of the Andorran government presented official data providing a detailed overview of the behaviour of foreign capital over the last year. Table des matières : Comment la loi sur la croissance durable et le droit …

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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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company-Andorra

Create a company in Andorra and keep living in the UK: Is that legal?

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This question could apply to the UK, Spain, Portugal, Italy, or any other European country where the level of corporate and personal tax is much higher than that of our Principality. Without a doubt, this is one of the questions most frequently posed by businesspeople and entrepreneurs who are intrigued by Andorra’s attractive tax policy but who want to remain in their customary place of residence. Table of contents: Creating a company in Andorra and living abroad is perfectly legalShould …

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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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suspensio-temporal

Temporary suspension of foreign investment in property                               

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The Andorran Government has announced the temporary suspension of foreign investment in property. This initiative, which has already been approved by the Andorran parliament, is intended to alleviate the national problem of a lack of affordable housing for renting. It has been introduced as a transitional measure pending the introduction of the tax on foreign investment in property, which is expected in the autumn. Table of contents: Moratorium on approvals for foreign investment in property Draft law reforming the law …

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Draft law to modify the law governing foreign investment in Andorra                            

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The draft to modify the 2012 law governing foreign investment in Andorra has been presented. The main aims of this reform are to conform to other countries’ standards in this field and to streamline the procedure for certain investments. Apart from this major change, the new regulatory framework also provides for a system of subsequent control and for a penalty system, neither of which existed previously. It is worth noting that foreign investment currently represents 18.7% of Andorra’s GDP, and …

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andorra||casa-de-la-vall

Is Andorra a sovereign country or does it belong to Spain or France?

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In the heart of the Pyrenees, sharing borders with Spain and France, lies Andorra, one of the smallest countries in the world. Its area is only 468 km2, but it has managed to preserve its autonomy. One of the recurring questions when talking about Andorra is whether it belongs to Spain or France. Let’s quickly find out: Andorra is an independent country, often described as “a little jewel in the mountains”. Contents: 1.- Andorra, the only co-principality in the world …

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Foreign-investors|

Increase in the number of foreign investment applications in Andorra in the first half of 2021

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After an atypical year 2020, in which economic activity was also strongly disrupted by the coronavirus pandemic, the number of foreign investment applications in Andorra increased strongly during the first half of 2021. Data presented by the Minister of Economy a few days ago reveal an increase in direct investment authorisations: 535 authorisations have been granted, 93% more than the same period in 2019 and 254% more than in 2020. These figures show that the 2020 slowdown does not represent …

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