All Andorra news / Business and Economy

Andorra is the second in the world list of off shore countries with attractive tax policy, say the experts of English legal agency Bradley Hackford

Bradley Hackford is a well-known British company, specialized in the issues of global taxation and business immigration – published a list of off shores together with their systems of minimal tax rates for natural and legal persons, that are most popular among the applicants, informs Wallstreet online. All in all 10 countries were included in …

More
All Andorra news / Business and Economy

Since the Law “On Foreign Investments” has been adopted in 2012, the total volume of direct investment applications in Andorra has made up more than 64 mln euro

In the second quarter of 2014,  183 new applications for direct investments  to the economy of Andorra were submitted, 163 of them for the total amount of 12.6 million euro were approved, according to the report of Andorran Ministry for Economy. This index exceeded the figure for the first quarter of 2014, when 94 applications …

More
All Andorra news / Business and Economy

Andorran MoraBanc took the 20th position in the rating of the most reliable banks in the world, according to the Financial Times Group estimate

«The Banker» magazine analyzed the list of Top 1000 world banks: Andorran MoraBanc took the 20th position in the list of the most reliable banks in the world. In accordance to the article of Financial Times Group, the capital adequacy ratio (BIS) of MoraBanc makes up 33.52% (as of 31.12.2013), which is by 5% higher …

More
All Andorra news / Business and Economy

Financial Times confirms the position of Credit Andorra as the biggest Andorran Bank in the list of TOP 1000 world banks rating

Financial Times confirms the position of Credit Andorra Bank as the biggest Andorran Bank in the list of TOP 1000 world banks rating. This classification is based on the capitalization indexes and financial stability of banking structure; it is annually published in “The Banker” magazine.

The rating of the bank is confirmed by the 1-st level …

More
All Andorra news / Business and Economy

According to the Global Banking & Finance Review 2014 Credit Andorra is the best Andorran bank in the nomination “private banking”

It is for the second time that Global Banking & Finance Review agency grants the status of the best Andorran bank in “private banking” sector to Credit Andorra. This service is a top-notch level of client service in the global scale that presupposes individual approach to every client depending on the demands and risks management. …

More
All Andorra news / Business and Economy

Andorra is on the way of recuperation from the impacts of crisis. This is confirmed by the financial indexes of the first part of 2014”, says CEO of Banca Privada d’Andorra (BPA) Joan Paul Miguel

“No doubt, Andorra is standing on the way of recuperation from the impacts of financial crisis. This is confirmed by the financial indexes of the first part of 2014, that after a long time of constant decrease finally demonstrated positive dynamics”, commented the Chief Operating Officer of Banca Privada d’Andorra Joan Paul Miguel during the …

More
All Andorra news / Business and Economy

The Prime Minister of Andorra Antoni Marti claimed that neither wealth nor inheritance taxes will be imposed in Andorra

In his speech at Andorran Parliament the Prime Minister of the country claimed that neither wealth nor inheritance tax will be imposed. In accordance to his words, the tax reform, that is currently being executed in Andorra,  will be logically concluded on January 1, 2015 when income tax (IPRF) will be imposed. “At the same …

More
All Andorra news / Business and Economy

Andorran MoraBanc applied for the participation in the auction on acquiring Catalunya Banc (Spain) assets

MoraBanc applied for the participation in the auction on acquiring the assets of Catalunya Banc. The winner will be determined by the Fund of Bank Restructuring  (FROB). Fondo de Restructuracion ordenida bancaria is a structure launched by the initiative of Spanish Government in 2009.

Last week FROB selected 5 claimants out of 12.  MoraBanc, one of …

More
All Andorra news / Business and Economy

Andorra Telecom establishes a universal Wi-Fi network on the basis of Cisco company technologies

Andorra Telecom has selected Cisco technologies for the enrollment of Wi-Fi network. The network offers two levels of services for the guests and citizens of Andorra: free basic internet connection (for getting local news and complete touristic information) and top-notch services with a full internet access (with the usage of all applications, including IM and …

More