All Andorra news / Legal advice online by Augé Grup

How can the new Spanish Exit Tax on shares influence the new Andorran fiscal residents coming from Spain?

How can the new Spanish Exit Tax on shares influence the new Andorran fiscal residents coming from Spain?

Senior tax consultant of Augé Grup, Albert Barroso answer:

First of all, we must clarify that Law 26/2014 introduced substantial modifications to the Spanish income tax (IRPF), which includes the Exit tax. This, taxes the latent gains of certain …

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Three tips to incorporate a company: the obstacles you may find and how to overcome them

Three tips to incorporate a company: the obstacles you may find and how to overcome them

Senior tax consultant of Augé Grup, Albert Barroso answer:

“In order to successfully establish a company in Andorra, a complex procedure involving a number of parties – including the Government and banks – must be followed.

Among the different aspects that must …

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Sanction procedure in Andorra

Sanction procedure in Andorra

Director of Augé Grup’s Tax Department Marc Urgell Díaz comments:

“The framework of the tax penalties in the Andorran jurisdiction is regulated in the “Llei de Bases de l’Ordenament Tributari“, specifically in the Decret legislatiu of 29-4-2015 of publication of the text refós de la Llei 21/2014, of the 16 of October, of bases of …

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What is the BEPS project and how does it affect the Principality of Andorra?

What is the BEPS project and how does it affect the Principality of Andorra?

Senior tax consultant of Augé Grup, Albert Barroso and Director of Augé Grup’s Legal Department Joan Miró answer:

“With regard to international tax, BEPS (from “Base Erosion and Profit Shifting”) is the term that describes the strategies for tax planning used by multinational …

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How does Andorra adapt its tax system to the OECD standards?

How does Andorra adapt its tax system to the OECD standards?

Director of Augé Grup’s Tax Department, Marc Urgell Díaz, and senior tax consultant of Augé Grup, Albert Barroso, answer:

Andorra has undergone a process of change which aim is to standardize its international relations and to adapt to the OECD standards in terms of on BEPS actions.

During the month …

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The relevance of filing Andorran trademarks and patents

The relevance of filing Andorran trademarks and patents

Jonathan Hinkson, Lawyer, within Intellectual Property Department of Augé Grup answers:

“The Principality of Andorra has around 8 million tourists per year (source: ACTUA). With that figure in mind, it is obvious that Andorra has become an interesting market especially for customers from France and Spain; this is even more so …

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Dividends transferred by a foreign company to Andorra: towards a holding or a physical person?

Dividends transferred by a foreign company to Andorra: towards a holding or a physical person?

Expert of International desk of Augé Grup Anna Jaworski answers:

The Andorran Department of Statistics counts 43,654 immigration authorizations in force in 2016 out of 73,105 inhabitants.

The new Andorran residents chose to settle in the country due to its various advantages. Generally, the people who …

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