The main advantage when creating your company or business in Andorra is its tax system and how you can plan your personal taxes in a profitable way.
There are many tax advantages when you create a company in Andorra. But we must also consider another type of interesting advantages at the business level, such as:
In terms of its great quality of life, we must highlight its appreciated mountainous landscapes with large ski resorts, and its very low pollution. Also a great climate for lovers of both winter and summer sports, as its temperature and climate are comparable to the Mediterranean. It is necessary to value its local gastronomy and also a great gastronomic variety brought from other countries. It has a great cultural diversity, since it combines Catalan, French and Spanish culture; and also Portuguese, given the large population of that origin.
Furthermore, Andorra has double taxation agreements (CDI) with Spain, France, Cyprus, Malta, Luxembourg, Liechtenstein, Portugal and the United Arab Emirates. These agreements are intended to prevent a person from having their income recorded twice due to residing in two different territories alternately, in this case living in Andorra and another country of the aforementioned alternately. Slowly Andorra is closing new double taxation agreements with other countries.
One of its main advantages is the high level of quality of life in the country. Its infrastructure network, its health system or its almost non-existent crime rate makes Andorra the ideal place.
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