All Andorra news / Business and Economy

Andorra increases the purchasing power of citizens by increasing the minimum salary and pension

The government of Andorra has taken a number of measures to increase the purchasing power of citizens. The country’s politicians turned to trade union representatives and enterprises to explain the various measures relating to salaries and pensions.

First of all, the minimum wage in the principality this year increased to 1,050 euros (since 2015, the minimum …

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All Andorra news / Business and Economy

Andorra recieved 23.98 million euros by income tax in 2015

Andorra’s income tax in 2015 amounted to 23.98 million euros, reported the Minister of Finance of Andorra Jordi Cinca. According to him, this figure exceeded the forecasts of the government of the principality.

A total of 13,489 applications were submitted. 1,0002 applications were filed directly through tax inspectors and 3,487 applications – via Internet. In the future, …

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All Andorra news / Society

Morabanc hosted a conference for representatives of the French Diaspora living in Andorra on taxation and the application of income tax

photo: Morabanc

Morabanc hosted a conference for representatives of the French Diaspora living in Andorra on taxation and the application of income tax. The event was attended by about 60 people, reported Morabanc. At the conference, in particular, the issues related to the introduction in 2015 in Andorra of income tax for individuals were …

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All Andorra news / Business and Economy

“The Banker” magazine names AndBank the best private bank of Andorra

According to FT, British magazine  “The Banker” named AndBank the best private bank of Andorra. In accordance to the statement of AndBank, the choice of the magazine was determined by such factors as “80 years of experience in private banking business, huge experience in asset management, growth and international expansion together with group diversification”.

In 2013 …

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