Internal Regulatory Compliance – Theoretical and practical part
Internal Regulatory Compliance – Theoretical and practical part Regulatory compliance, also known as ‘compliance,’ is essential for law firms, to the extent that we are subject to various regulations and standards in both the legal and business spheres. There are also other financial subjects required to comply, as well as certain individuals or legal entities […]
Self-Employment Contribution Rates in Question (CASS Corrections)
As we outlined in our Newsletter on October 25, 2023, the Caixa Andorrana de Seguretat Social (CASS) has decided to review the contribution rates for self-employed workers in the Principality of Andorra. For this purpose, as the competent authority in this matter, CASS must analyze the relevant data to determine the corresponding contribution rates in […]
The regulation of financial activity in Andorra
Financial activity in Andorra is one of the pillars on which the principality’s economy has traditionally relied. A significant portion of the Andorran state’s revenue comes from this economic sector. It’s not surprising, therefore, that financial activity is strictly regulated. In fact, the regulation prohibits the practice of financial activity in Andorra without prior authorization […]
Social Media and Data Protection
The relevance of social media is, today, beyond question. It is a service of the information society, the provision of which involves data processing, whether to provide the service itself or for other objectives such as offering personalized advertising to users. In this context, the social network service provider, as the data controller, must implement […]
Analysis of the EU Association Agreement and its Implications for Andorra
Analysis of the EU Association Agreement and its Implications for Andorra “To drive genuine change, it’s vital first to acknowledge our stance and act with clarity and determination.” In our previous editions, we had anticipated a thorough review of the components of the association agreement between Andorra and the EU, underlining how these could influence […]
The nationality and civil residence of the testator is a decisive issue to determine the applicable law in succession
The nationality and civil residence of the testator is a decisive issue to determine the applicable law in succession One of the most important issues in successions is the applicable law. Inheritance institutions such as the widow’s usufruct, the hereditary reserve, or the legitimate inheritance are regulated very differently from one legal system to another. […]
In Andorra, the defense of intellectual and industrial property rights gains importance and becomes effective
In Andorra, the defense of intellectual and industrial property rights gains importance and becomes effective Holders of intellectual and industrial property rights have become aware of the importance of protecting their rights by registering with OMPA in Andorra. However, registering a trademark, a patent, or holding a copyright is one thing, and defending that right […]
Official Language Project Law
Official Language Project Law During this month of September, local and international media have echoed a piece of news that has aroused some controversy in the Principality of Andorra: the obligation to speak Catalan to renew one’s residence permit. However, these claims proliferated before the publication of the Official Language Project Law on 13 September […]
Inheritance planning – Part II
Inheritance planning – Part II Succession, as previously discussed by our company in this blog, is a matter of significant importance but often overlooked. Planning your succession in advance can make it possible, from a transactional point of view, to avoid contingencies among the heirs and, from a tax point of view, to apply great […]
Guide for identifying Ultimate Beneficial Owner
Guide for identifying Ultimate Beneficial Owner In recent years we have been able to observe an increase in the use of corporate structures in criminal operations related to the money or values laundering and/or the financing of terrorism, aiming to hide the ultimate beneficiary of the operations, thus complicating the identification of the person responsible […]