In 2018, in the form of customs taxes, 214,924,838 euros were raised against 208,561,525 euros in 2017. The difference was 6.36 million euros. This was reported to journalists by the Minister of Finance of Andorra, Jordi Cinca. According to him, the overall increase in revenues is associated with the restoration of the economy of the …More
Fuel taxes are at the center of much debate today. The Andorran Government has decided to take measures in favor of transport companies. From January 2019, the new regulations for the taxation of hydrocarbons will come into force.
Freight and private transport professionals will be subject to a tax reduction based on the energy efficiency of …More
Last week, the inauguration of the third exhibition of paintings “Femina Feminae”, including 29 paintings dedicated to woman’s beauty, took place in The Carmen Thyssen Museum in Andorra. The owner of the collection, Andorran resident, María del Carmen Rosario Soledad Cervera y Fernández de la Guerra, Dowager Baroness Thyssen-Bornemisza de Kászon et Impérfalva, popularly known …More
Why do recently retired company executives come to reside to the Principality of Andorra?
Director of Augé Grup’s Tax Department Marc Urgell Díaz answers:
Andorra is an increasingly popular destination for tax residence purposes, especially in the case of people with “high added value”, such as ex-directors of large companies right after their retirement.
To what is it …More
Which rights and duties do I have as a member of a cooperative company?
Director of Augé Grup’s Legal Department Joan Miró answers:
Firstly, it should be noted that cooperatives are companies with legal personality, which unite natural or legal persons who intend to improve the economic and social situation of their partners, with full managerial autonomy, …More
The President of Portugal Rebelo de Sousa ratified a resolution on approval of the agreement on avoidance of double taxation between Portugal and Andorra. Ratification took place a week after the approval of the resolution by the Portuguese Parliament.
Tthe agreement on avoidance of double taxation between Andorra and Portugal was signed in New York on …More