Andorra at the forefront of blockchain and the circular economy
The parliament has been working on it for a long time and finally two key texts for the future development of our country have arrived, both published on July 20, 2022, in the BOPA: the so-called “Digital Assets Law” and the Circular Economy Law.Regarding the Law on digital assets, it is worth saying that Andorra […]
Andorra and the high performance in sport in altitude
Andorra has long since become a reference in mountain sports. In fact, both the public and private sectors are trying to highlight the unquestionable advantages that Andorra has for hosting sport-related initiatives at all levels. As an example, it is worth mentioning the work that Actua started years ago and that ended up becoming the […]
Andorra: economic storm and differential solution
While the Andorran Government is promoting measures to appease the loss of purchasing power of the country’s citizens, forcing a 3.3% increase in salaries below the average salary of the country or the pensions which are below the minimum salary by 3 67%, or making part of the transport free, or improving study grants, or […]
Measures to improve the purchasing power of citizenship
On June 22, 2022, Law 17/2022, dated June 9, 2022, on measures to improve the purchasing power of the citizens was published in the Official Gazette of the Principality of Andorra (BOPA), with number 76, Law 17/2022, dated June 9, 2022.Due to the SARS-CoV-2 pandemic, there has been an impoverishment of the economic sectors, which […]
The fair balance between the rights of consumers and the rights of the employer in legal proceedings
Andorran regulations relating to consumer rights are mainly contained in Law 13/2013, of June 13, 2013, on effective competition and consumer protection. However, like any right, in case of conflict it must be asserted before the courts.Last May 12, the Civil Chamber of the High Court of Justice issued a ground-breaking ruling on the procedural […]
“Andorran Multipliers”
In the face of the global financial crisis of 2007, Andorra reacted by committing to international tax harmonization, exchange of information and liberalization of foreign investment. Law 10/2012 on foreign investment represents one of the most important milestones in Andorra’s economic history and the beginning of a new stage of economic recovery and consolidation. However, […]
New obligations relating to ultimate beneficial owners
According to the Andorran Law 37/2021, of December 16, amending Law 14/2017, of June 22, on the prevention and fight against money or securities laundering and the financing of terrorism, specifically in art. 3.3, the ultimate beneficial owner is the natural person or persons who ultimately control the client and/or the natural person or persons […]
Andorra: the necessary tax reform for the post-pandemic recovery
The public policies developed by the Government during the health crisis have provided important emergency support for individuals and companies during the pandemic, through an increase in direct aid and tax cuts to protect the productive fabric from the economic and social impact of COVID-19. Obviously, the public aid package has been largely aimed at […]
Andorra: Inflation and interest rate
Over the last two years, the world economy and ours have been marked by the effects of the pandemic which has caused, first, an unprecedented drop in GDP and, subsequently, an increase in prices as a result of the stoppage of production and its reactivation, with repercussions on the price of raw materials and transport, […]
Obligations of lawyers before the Personal Data Protection Law
Eighteen years after the General Council approved the first qualified law on the protection of personal data, on November 17, 2021, the new Law 29/2021 of October 28 on the protection of personal data (hereinafter referred to as *LPD) was published and will enter into force in May 2022. The purpose of this Law is […]