Tax agreements

Tax agreements between Andorra and other countries

Tax agreements are an international tool used to promote transparency and fiscal collaboration in order to prevent tax evasion on an international scale. For some time, Andorra has been working on a legal framework that incentivises foreign investment, attracting talent and the economic diversification of the country.

The aims of these international agreements include the following:
  • To maintain the idiosyncrasies and particularities of small countries due to their uniqueness and to ensure their survival in a global world
  • To enter the EU, the European Central Bank and the IMF
  • To ensure that there is no double taxation between countries for the same concept
  • To come off the blacklist of tax havens
  • To maintain current standards of living

Here at IS21, we have grown in parallel to the evolution of all the tax agreements between Andorra and other countries: Spain, Portugal, France, Switzerland, the OCDE ... and the following articles contained in our blog have echoed these developments:


THE AUTOMATIC EXCHANGE OF INFORMATION IN TAX MATTERS HAS BECOME ESTABLISHED AND EXPANDS

THE AUTOMATIC EXCHANGE OF INFORMATION IN TAX MATTERS HAS BECOME ESTABLISHED AND EXPANDS

The introduced amendment expands the list of states with which tax information relating to financial accounts from 2018 will be automatically exchanged in 2019.

GREEN LIGHT BILL AUTOMATIC EXCHANGE OF INFORMATION ON TAX MATTERS IN ANDORRA

GREEN LIGHT BILL AUTOMATIC EXCHANGE OF INFORMATION ON TAX MATTERS IN ANDORRA

The Andorran government presented on 16 June, the draft Law of automatic exchange of information on tax matters, fixing the exchange of data between Andorra and the 81 countries participating in the agreement.

CDI between Andorra and Luxembourg to avoid double taxation and prevent income tax evasion

CDI between Andorra and Luxembourg to avoid double taxation and prevent income tax evasion

On 23 December 2015 was published in the BOPA Agreement between the Principality of Andorra and the Duchy of Luxembourg to avoid double taxation with respect to taxes on income and prevent tax evasion.

THE CDI AND COMPETITIVENESS OF ANDORRAN COMPANIES

THE CDI AND COMPETITIVENESS OF ANDORRAN COMPANIES

The competitiveness of the economy of Andorra requires the internationalization of their businesses and opening up to foreign investment and improving the business structure.

THE CDI BETWEEN THE PRINCIPALITY OF ANDORRA AND THE KINGDOM OF SPAIN, EFFECTIVE FROM 26 FEBRUARY 2016

THE CDI BETWEEN THE PRINCIPALITY OF ANDORRA AND THE KINGDOM OF SPAIN, EFFECTIVE FROM 26 FEBRUARY 2016

On December 17, 2015 was issued the edict which was issued in the Official Gazette of the Principality of Andorra (hereinafter BOPA No. 88) Agreement between the Principality of Andorra and the Kingdom of Spain avoidance of double taxation with respect to taxes on income and prevent tax evasion. This, however, will come ...

CDI ENTERS INTO FORCE BETWEEN PORTUGAL AND ANDORRA

CDI ENTERS INTO FORCE BETWEEN PORTUGAL AND ANDORRA

The Agreement between the Principality of Andorra and the Republic of Portugal to avoid double taxation and prevention of fiscal evasion with respect to taxes on income (CDI) has entered into force, from 23 April- once ratified by two states for compliance with the internal procedures necessary.

SWITZERLAND PUT AN END TO BANKING SECRECY
INTERNATIONAL TAXATION: CDI KEYS BETWEEN ANDORRA AND SPAIN

INTERNATIONAL TAXATION: CDI KEYS BETWEEN ANDORRA AND SPAIN

The Principality of Andorra has worked since 2009 at the opening of their economic and financial model based on transparency.

ANDORRA SIGNED THE CONVENTION OF THE OECD MULTILATERAL TAX MEASURES TO IMPLEMENT BEPS

ANDORRA SIGNED THE CONVENTION OF THE OECD MULTILATERAL TAX MEASURES TO IMPLEMENT BEPS

The Minister of Finance of Andorra, Jordi Cinca, was the representative and responsible for signing last week, the OECD multilateral agreement implementing measures relating to tax agreements to prevent erosion and transporting taxable benefits (BEPS, for its acronym in English) for the companies ...