Bulgaria removed Andorra from the list of low tax countries

bulgaria andorra low taxThe Government of Andorra received an official notification from the Minister of Foreign Affairs of Bulgaria Daniel Mitov that the Republic of Bulgaria removed Andorra (Pyrenees) from the list of countries with offshore tax system.

Thus, Bulgaria became the fifth country to remove Andorra from a list of low tax countries (Belgium, Italy, Estonia and Lithuania).

This decision was preceded by a bilateral meeting with the head of the Government of AndorraAntoni Martí Petit, and the President of Bulgaria Rumen Radev during the UN General Assembly in October last year.

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