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THERE ARE FINANCIAL INSTITUTIONS REQUIRED TO COMMUNICATE INFORMATION?

THERE ARE FINANCIAL INSTITUTIONS REQUIRED TO COMMUNICATE INFORMATION?

As established in article 4 of Law 19/2016, are considered financial institutions Andorran not obliged to communicate information financial institutions defined in section B of Section VIII of Annex I of the Act of automatic exchange information on tax resident in Andorra, and in particular, the following institutions: a) the Principality of Andorra and ...

ANDORRA APPROVES 250 NEW RESIDENCE PERMITS AND SELF-EMPLOYMENT

ANDORRA APPROVES 250 NEW RESIDENCE PERMITS AND SELF-EMPLOYMENT

In order to continue fostering and encouraging foreign investment, the Council of Ministers of Andorra approved a new fee for residence permits and work independently.

WHICH FINANCIAL INSTITUTIONS ARE AFFECTED BY THE IAI?

WHICH FINANCIAL INSTITUTIONS ARE AFFECTED BY THE IAI?

As established in Article 3.2 of the Law 19/2016, affected all financial institutions are required to communicate information Andorra, Andorra resident entities and branches of non-residents located in Andorra.

ANDORRA APPROVED THE BILL AMENDING THE LAW ON INCOME TAX

ANDORRA APPROVED THE BILL AMENDING THE LAW ON INCOME TAX

In late June, the Andorran government approved the draft law on amendments to the Law on Corporate Income Tax (IS), in order to comply with BEPS measures, promoted by the OECD and the code of Conduct of the European Union to combat harmful tax practices.