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Andorra is an independent state that has always accumulated a lot of attention for the interesting tax incentives and advantages it offers to companies.

If you are the owner of a company or the person who makes the fiscal or financial decisions in the one in which you work, it is likely that moving it from Spain to Andorra can be interesting.

In this article, we expand all the information so that you can take a conscious and reasoned decision.

Are you familiar with the non-resident income tax in Andorra?

Although some media are selling it as a new tax, in reality it is not. This is the IRNR that has been with us for a long time.

It's only now that we've had a number of changes, many of which we're not aware of.

This is an advance and we will then investigate further: income earned in our country by a non-resident is required to pay.

Fitch Rating, the economic rating agency, has raised Andorra's rating to an A-, making it the sovereign nation with the best rating in the world.

This is an announcement that has come as a result of significant advances in fiscal and financial management, along with efforts to improve the tourism sector.

If you add to the good tax conditions of all time, the interest of the general public, the evaluation has improved in a tangible way.

But what implications does this have and why should you pay attention to it? In this article we develop the keys to understanding the impact and making decisions.

Andorra has long been known as a tax haven where wealthy individuals and businesses have sought to save on taxes.

And although it is not a tax haven, because it does not have that consideration or meet the requirements that we will tell you later, it does have special conditions that attract this type of public.

But what is preventing the country from getting into that consideration and why are so many people still considering it as such?

Now that we have known the latest tax reforms that the Government of Spain has proposed for the situation of the employee, it is time to see what is done on the other side of the border.

Is it really as interesting to go to Andorra as some propose or is it rather a legend that crosses all our thoughts?

To solve this doubt, we will do something very simple: learn all the keys in detail of the independent reality of the Principality.

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