The Andorran economy has evolved a great deal in the last 10 years. Its economic model has opened up in terms of transparency, standardisation and internationalisation, which has allowed the country to welcome new business projects. In fact, many entrepreneurs consider Andorra as a business hub.

But if you’re still not convinced, the information below might persuade you 😉

We have a high quality of life

According to our security, education, health and quality of the environment indices

• It’s a safe country – crime rate is low
• We’ve got a free state education system and you can choose whether you want to be educated in the Spanish, French, or Andorran school system.
• Andorra has one of the best public health systems in the world. Its spending reaches 4.7% of GDP (18.4% is financed by the government).
• Air quality is very good (89%) and protected areas represent 36% of the land in the entire country.
• All homes have access to high-speed broadband connection.

Our country is great for business

• Since the approval of Law 10/2012 on foreign investment, any businessman or businesswoman can set up a company with 100% foreign capital
• Andorra has signed agreements with Spain, Portugal, France, Luxembourg, Liechtenstein and the United Arab Emirates to avoid double taxation
• The tax regime is very competitive: Company tax (10%), Income tax (10%), Indirect general tax (4.5%) and Inheritance tax (0%)
• Andorra is currently pending to sign an Association Agreement with the EU.