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Standard & Poor’s has improved Andorra’s sovereign rating from “BBB- / A-3” to “BBB / A-2” in the long-term and short-term, and maintains a stable outlook

Standard & Poor’s has improved Andorra’s sovereign rating from “BBB- / A-3” to “BBB / A-2” in the long-term and short-term, and maintains a stable outlook. The rise of the rating shows a recovery of the country’s economy after the crisis with the BPA bank, as a result of which the rating was reduced to …

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According to the report of Global Forum on Transparency and Exchange of Information for Tax Purposes, Andorra “basically meets” all OECD requirements

Global Forum on Transparency and Exchange of Information for Tax Purposes published the results of Andorra’s compliance with international standards in this area. According to the report, Andorra “basically meets” all OECD requirements.

Andorra was one of the 15 countries participated in the study. Previously, these countries had a rating “meet not fully international standards for the …

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Andorra continues the policy of international openness and welcomes foreign investments in the principality: Andorran PM Antoni Marti

Andorran PM Antoni Marti took part in the 28th conference of Trobada Empresarial al Pirineu. The conference was attended by 600 representatives of the government, business and educational institutions of Catalonia and Andorra. The conference was held on 15th and 16th June in La Seu d’Urgell (a border town near Andorra in Spain).

In his welcoming …

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Andorra signed a multilateral agreement with the OECD and joined the international convention on the prevention of erosion of the tax base

Andorra signed a multilateral agreement with the OECD and joined the international convention on the prevention of erosion of the tax base. The document was signed during the OECD meeting, which was held in Paris at the OECD headquarters. The document was signed by the Minister of Finance of the Principality Jordi Cinca. The signing …

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Antoni Marti thanked Francois Hollande for his support of the social and economic reforms implemented in the Principality over the past few years

photo: govern.ad

The head of Andorran government Antoni Marti and the general syndicate of the principality Vicenc Mateu have met today in the Elysee Palace with the French president and co-prince of Andorra Francois Hollande. Representatives of the Andorran delegation thanked Francois Hollande for his support of the social and economic reforms implemented in …

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Andorra and Latvia start negotiations on concluding an agreement on the exclusion of double taxation

Andorra and Latvia start negotiations on concluding an agreement on the exclusion of double taxation. Such a decision has been made this morning after the meeting of Foreign Minister of Andorra Gilbert Saboya with his Latvian counterpart Edgars Rinkevic.

According to Gilbert Saboya, “the draft text of the agreement allows us to begin formal negotiations in …

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The Andorran Council of Ministers approved a decree obliging to indicate the registration number of the taxpayer exporting or importing commercial cargoes into the territory of Andorra

The Andorran Council of Ministers approved a decree obliging to indicate the registration number of the taxpayer exporting or importing commercial cargo into the territory of Andorra.  This measure was adopted in connection with the adaptation of the new computer system of the Andorran Customs Service. The decree enters into force on 1st July, 2017.

The …

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