Andorra and Latvia start negotiating a double taxation agreement

Posted May 8, 2017 / No comments

Negotiations will soon begin between Andorra and Latvia. At the end of April 2017, Andorra’s foreign minister Gilbert Savoy and his Latvian counterpart Edgars Rinkevic held a working meeting to close the DTA, which will avoid double taxation between the two countries. The Andorran minister has delivered the draft of the agreement, which will allow

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Ratified double taxation agreement with Portugal

Posted April 20, 2017 / No comments

In February 2017, by Portuguese President Marcelo Rebelo de Sousa, Portugal ratified the resolution of the Portuguese Assembly approving the agreement signed between Andorra and Portugal to avoid double taxation (DTA), preventing tax evasion. This DTA is in addition to the other four currently in force: Spain, France, Luxembourg and Liechtenstein. With this new agreement,

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Business Meeting Andorra – China

Posted March 21, 2017 / No comments

Recently, the Foreign Minister of Andorra Gilbert Saboya opened the second Meeting between Andorra and China. Companies from Andorra and China, accompanied by the Chinese ambassador Lyu Hacen, participated. Gilbert Saboya explained the invited delegations the opportunities of investment and business in Andorra and the current possibility of creating companies with 100% foreign capital. He

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Andorra is on track for fiscal transparency

Posted January 17, 2017 / No comments

Andorra and the EU exchange tax information from 1 January 2017 automatically, although the first communication will be made in 2018. In this way the agreement signed in February 2016 between Andorra and Brussels is applied with the aim of preventing tax fraud. It is also a clear message for potential evaders that hiding income

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Double taxation agreement in 2017

Posted December 30, 2016 / No comments

At the end of September 2016 Andorra began the process for the General Council to ratify the agreement with Portugal to avoid double taxation and also prevent tax evasion. For its part Portugal has approved the procedure of the agreement to the Assembly of the Republic, once completed its internal procedures. We recall that the

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Double tax treaty Andorra – Liechtenstein

Posted December 21, 2016 / No comments

The agreement to avoid double taxation between Andorra and Liechtenstein came into force since both states comply with its internal requirements for mutual notification. This prevents both tax evasion related to income taxes and wealth tax. This double taxation agreement was signed on 30 September 2015 in New York by the foreign ministers Gilbert Savoy

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Malta and Andorra sign double tax treaty

Posted September 22, 2016 / No comments

With Malta signing the double tax treaty with Andorra it has become the 5th EU country to sign a double taxation agreement with Andorra. The treaty was signed during a UN general assembly meeting in New York and is pending to enter into force.

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