All Andorra news / Legal advice online by Augé Grup

Which are the provisions in Andorra that protect the holders of the preference shares?

Which are the provisions in Andorra that protect the holders of the preference shares? 

Director of Augé Grup’s Legal Department Joan Miró answers:

First of all, preference shares can be defined as a high-risk complex financial instrument; as they are not covered by guarantee funds and are traded on the secondary financial market.

However, bank entities are required …

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What are the implications of the Income Tax Return system that came into force in 2016 in Andorra?

What are the implications of the Income Tax Return system that came into force in 2016 in Andorra?

Albert Barroso Enrich, a senior tax consultant of Augé Grup, answers:

On April 1st 2017, the Andorran Tax Agency formalized the personal income tax return, which corresponds to income received in 2016. Taxpayers have a period of 6 months, until …

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How are Copyright and Neighbouring rights protected in the Principality of Andorra?

How are Copyright and Neighbouring rights protected in the Principality of Andorra?

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

We have recently written on the protection of Industrial Property (patents and trademarks) in Andorra. This post aims at providing basic information on Copyright and Neighbouring rights in Andorra.

Andorra has emphasized on the importance of …

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How does medical coverage for social security and supplementary health insurance work in Andorra?

How does medical coverage for social security and supplementary health insurance work in Andorra?

Expert of Augé Grup’s Immigration Department Olga Donskikh answers:

Social security

Employees are covered by the company depending on their salary; self-employed must pay a fixed monthly fee.

The coverage by the SS is 75% of the official rates in case of doctors who have signed …

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What are the consequences of the law on automatic exchange of tax information?

What are the consequences of the law on automatic exchange of tax information? 

Albert Barroso Enrich, a senior tax consultant of Augé Grup, answers:

For Andorra, Law 19/2016 of 30 November on the automatic exchange of information in tax matters (Llei 19/2016, del 30 de novembre, intercanvi automátic d’informació en materia fiscal) represents a step towards International tax …

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Why do recently retired company executives come to reside to the Principality of Andorra?

Why do recently retired company executives come to reside to the Principality of Andorra?

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

Andorra is an increasingly popular destination for tax residence purposes, especially in the case of people with “high added value”, such as ex-directors of large companies right after their retirement.

To what is it …

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Can a company temporarily import machinery to Andorra?

Can a company temporarily import machinery to Andorra?

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

Undoubtedly.

Temporary importation corresponds to the regime of temporary admission of goods that remain in the country for a given period of time before being re-exported abroad.

An example of temporary imports can be found in the construction sector for companies …

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What are the monthly and annual supplementary costs per child enrolled in Andorran primary and secondary school?

In Andorra, we can choose between three educational systems for compulsory and free education: Andorran, French and Spanish. What are the monthly and annual supplementary costs per child enrolled in primary and secondary school?

Expert of Augé Grup’s Immigration Department Olga Donskikh answers:

Education is free in Andorra. However, here below is a non-exhaustive list of related expenses …

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Can an Andorran “service company” have its employees work in France or Spain?

Can an Andorran “service company” have its employees work in France or Spain?

Albert Barroso Enrich, a senior tax consultant of Augé Grup, answers:

The Andorran market can be very interesting for a large number of companies, both due to the rich and varied profiles of potential customers (tourists, residents, investors or others) and by the services requested.

However, …

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