Startup companies in Andorra

Since December 23, 2022, Law 42/2022, of December 1, on the digital economy, entrepreneurship and innovation has been officially in force in the Principality. This regulation has a clear purpose: to diversify the Andorran economy and offer a safe and attractive environment for local and international investors.

From Crowe Andorra we offer you a summary of the key points that directly affect startup companies:

• The creation of a specific legal regime for startups to promote innovation and technological development.
• The Registry of Startup Companies, which guarantees security and transparency in this growing sector.
• Exclusive tax benefits, such as personal income tax exemption on remuneration with social participations or shares.

You can read the full newsletter here .

We hope that the content of this document will be of interest to you.