As a result of adoption of the law “About investments” in 2012 in Andorra (Pyrenees) for the last 2 years 445 new work places were formed, thus 68 of them are formed in the first quarter of the current year. Everything, it is told in the report of the Government of Andorra,, the total quantity of requests on obtaining permission for investments made 1484, 1380 were approved.
In the first quarter 2015, 165 applications for implementation of investments into Andorra are recorded, approved 127. During this period initial investments made 15.1 million euros, 12.8 million euros were approved. These figures approximately correspond to a similar indicator of last year. It confirms that fact that crisis with Banca Privada D’Andorra at the beginning of 2015 didn’t affect trends of investments.
Origin of investments – business from Spain and France with 28% and 25% respectively. It’s also told in the report of the Government that investments from Germany increased sharply and made 25% in the first quarter 2015.
See also Andorra business guide
See also Andorra company formation
