The company with 100% Andorran capital, La societat Juegos SA, won a tender for the implementation of the casino project in the Principality. This decision was made by the government commission after four months of studying the proposals of the candidates. In total, 9 proposals were submitted from business groups. Among other candidates were Genting …More
The Council of Ministers of Andorra approved a provision on payment services and electronic money. The document implies the introduction of European rules and standards applicable to payment service providers. First of all, we are talking about cross-border payments between Andorra and the member states of the European Union, as well as technical requirements for …More
Grandvalira officially announced the beginning of its rebranding. The reason is a dividing of a ski resort into two different sectors. It was reported by directors of joint-stock companies representing the interests of Grandvalira – Ensisa, Nevasa and Saetde: David Hidalgo, Alfonso Torreño and Verónica Canals. “Now we are working on possible scenarios for rebranding …More
Andorra has expanded the list of countries for tax information exchange.
The amendment to the law will be adopted in 2020. Thus, Andorra will exchange information with a total of 95 jurisdictions.
The new countries included in the list are: Azerbaijan, Nauru, Pakistan, Panama, Saint Kitts and Nevis, Anguilla, Bahamas, Bahrain, Barbados, Belize, Ghana, Lebanon, Marshall Islands, …More
The 29th edition of Business Meeting of the Pyrenees will be organized on 14th and 15th June at la Seu d’Urgell. It is called “Leading sustainable growth”. Josep Borrell, former President of the European Parliament, is invited as a main speaker of the conference.
The event will focus on the future challenges faced by the European Union …More
Banc Sabadell d’Andorra held its general shareholders’ meeting, which showed the good health of the banking entity in all areas, with good results in the number of clients or the entity own funds. His chairman, Josep Permanyer, underlined that by the year 2017 the bank achieved 10 million 39 thousand euros which is 17,98% above …More
The General Councillor for SDP (the Social Democratic Party), Víctor Naudi, presented eight amendments to the draft law regulating the Andorran Deposit Guarantee Fund and the Andorran Investment Guarantee System (SAGI). The amendments are aimed mainly to keep the sum of 100,000 euros coverage per account holder in the event that there is a problem …More
In 2016 net income of companies registered in Andorra was about 600 million euros (the exact amount is 581 million euros), reported the minister of Finance of Andorra, Jordi Cinca.
The budget of the principality received about 30 million euros of this amount as the taxes.
As for the number of submitted tax returns, it continues to grow: …More
The capital of Andorra has announced the beginning of the registration of the participants of the 40th Fair of Andorra la Vella. The fair will be held from October 26 to October 28, 2018 at the pavilions of Central Park. Registration runs until July 31st.
All information about the event: +376 730004,
email@example.com and firstname.lastname@example.org
Last year more …More
The Andorran Council of Ministers approved a new bond issue worth a total of 125 million euros to refinance the public debt. It was announced by the minister of Finance of Andorra, Jordi Cinca.
So the Andorran government has resumed issuing bonds for 100 million euros, issued in September 2017, increasing the amount of 25 million euros.
Terms of issue:
Issuer: The …More