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The tradition of business continuity in Andorra became possible due to the current economic model of the principality, stated Antoni Martí during 15th Forum “Family Business in Andorra”

The Head of Government of Andorra Antoni Martí participated in the 15th Forum “Family Business in Andorra. Outlook and impact “, which took place on 1st December, 2016, in Soldeu. In his speech, the Prime Minister, in particular, noted that the tradition of business continuity in Andorra became possible due to the current economic model …

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The Andorran Government announced a new bond issue in the amount of 150 million euros

The Andorran Government announced a new bond issue in the amount of 150 million euros.

The final terms of the following issue:
Issuer: Government of the Principality of Andorra
Number of issued shares: 150,000
Terms: 36-month bonds
Fixed interest rate: 1.15%
Interest due dates (annually):
19/12/2017
19/12/2018
19/12/2019

Date of entry into force of the Government – December 1, 2016, deadline for the submission of …

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New Andorran bus station (Estació Nacional d’Autobusos) will operate with 7 passenger carriers companies

New Andorran bus station (Estació Nacional d’Autobusos) will operate only with 7 passenger carriers companies. Andorran government announced the concession granting to carry out national and international passenger transportation services, reported the Council of Ministers of Andorra.

According to the Council of Ministers, 7 companies are included in the list: Autocars Nadal SA; Camino Bus SLU; La …

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Andorra presents the strategic plan for the development of retail trade for further promotion of the tourism sector of the principality

Minister of tourism and trade of Andorra Francesc Camp presented a strategic plan for the development of retail trade for further promotion of the tourism sector of the principality. The plan concerns the development of retail trade and its trends for the next 10 years, reports the Government of Andorra.

According to Francesc Camp, retail trade …

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Andorra has officially announced its exit from the “black list” of jurisdictions with low taxation, established the Republic of Latvia

Andorra has officially announced its exit from the “black list” of jurisdictions with low taxation, established the Republic of Latvia. The list of so-called offshore territories was established by the Latvian Cabinet of Ministers Regulations (№276 of 26 June 2001 “On countries and territories with low tax or no tax.”

The corresponding statement was made after …

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According to the draft budget 2017, total revenues make 415.119.073,56 €, the expenditure – 440.729.881,87 €

Today the Minister of Finance of Andorra Jordi Cinca has introduced in Parliament a draft budget of the principality-2017. The document has been preliminarily approved by the Andorran Council of Ministers last week. According to the draft budget 2017, total revenues of the budget make 415.119.073,56 € (in 2016 – 396.008.372,85 €), the expenditure – …

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Highest paying jobs: salary comparison in Andorra

Highest paying jobs: salary comparison in Andorra

Salary in Andorra. Indicators after taxation

The most highly paid employees in Andorra (highest paying jobs) are representatives of the financial sector – the average salary of such a specialist is 5,083 euros per month.

Second place is occupied by employees of industries (3,361 euros per month), …

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