Real Andorra lifestyle Andorra opens its economy to foreign investment, with the possibility since July 2012 of creating societies with a 100% of foreign capital. In this framework of economic opening, the mission of MASSANDOR is to carry out the economic promotion of Andorra to attract and welcome foreign investors, as well as to diversify the national economy via new sectors with added value.
Andorra is a country of opportunities when it comes to business and life.
Even though it isn’t a member state, Andorra is a strategic enclave inside the European Union, as well as an ideal place to implant companies willing to do business with Europe or the whole world.
The Andorran taxation system has a more advantageous direct taxation compared to that of the neighbouring countries when it comes to its reach and its tax rates. The direct taxation is of about 10%.
Nowadays a foreign company can invest, place delegations or set up corporate headquarters with 100% of the capital. The guarantee of being a neutral country without an army allows us to welcome the new entrepreneurs and the business world.
Any legal person can establish his or her principal and effective residency in the Principality of Andorra. The first authorization is for one year, it can be renewed for two 3-year periods and then every 10 years.
75% of the Andorran territory is of public ownership and usage, and thus the non-edificability of the land keeps the private value in a safe and lasting warrantee level.
Quality of life: Very few countries can compete against Andorra’s economic and natural advantages, especially in terms of quality of life for the people and the families.
Due to the several advantages in the economy, the tax system and the quality of life, Andorra is a country of opportunities for entrepreneurs. The Andorran government has currently established a series of legislative measures to encourage investment and the creation of businesses. These measures include:
In order to support these legislative changes, the Andorran government has established a welcoming plan so as to guide investors in their creation of new companies in the Principality
MASSANDOR carries out a useful program which offers the following services for entrepreneurs:
There is a network of professional consultants who can offer you:legal services financial services international business services fiscal services human resources services intellectual property services customs services real estate services
Andorra is an independent state located in southwest Europe between Spain and France, with an area of 468 km2 and a history that goes back more than a thousand years. Famed around the world for its ski resorts, shops with very low taxes and modern hotel and service infrastructure, as well as its international brand center and nature-related activities, Andorra receives around eight million visitors every year.
Andorra is also a paradise for nature-lovers: 90% of the country is occupied by forests.
Andorra has a dry high mountain climate, with low temperatures in winter and mild in summer. Thanks to its proximity to the Mediterranean Sea, days are usually sunny.
According to the 2012 census, Andorra has a population of 78,000, with an average age of 39.6 years.
The official currency is the euro (€). Andorra will start minting euros in 2014.
Andorra is a lay state. The Constitution enshrines the rights of religious freedom. Nonetheless, most of the population is Catholic.
The official language of Andorra is Catalan. However, Spanish and French are all commonly used due to geographic proximity and cultural, historical and economic exchanges. English is spoken in the commercial and financial areas
Andorra is also known for having the biggest thermoludic centre of southern Europe, as well as the Inúu centre
Andorra also possesses the two most important skiing resorts in the Pyrenees, Grandvalira and Vallnord, as well as a cross-country resort in La Rabassa. The combination of natural heritage, skiing resorts and the commercial sector, with more interesting prices compared to neighboring countries attracts more than 11.5 millions of visitors every year.
After a thousand years of history, Andorra has known how to preserve a rich architectural heritage and also its ancestral traditions, which identify our country and help to prove its origins.
Located at the heart of the Pyrenees, Andorra has an extraordinary natural richness. A paradigm can be found at the Madriu valley, which was declared a world heritage site by the UNESCO in 2004 as a cultural site. There are also several routes for the whole family, via ferrata routes and a network of free mountain shelters throughout the country which are open all year long.
These are the Andorran institutions:
The General Council It has the executive power and is composed of the Head of Government and the ministers. The Head of Government is chosen by the General Council and controls Andorra’s national and international politics, as well as the State’s administration and exercises the regulatory authority.
The Government It’s the most important representative organ. It has the legislative power, approves the budget of the Government and it impulses and controls the latter’s political action. The General Council is composed of 28 members, chosen by universal suffrage for a 4-year term.
Els Comuns Andorra is divided into seven parishes, which have political and administrative powers. By order of protocol, the seven parishes are: Canillo, Encamp, Ordino, La Massana, Andorra la Vella, Sant Julià de Lòria and Escaldes-Engordany. The administrative building is known as the Commune (which acts by the means of its Council). Each Commune has the power to represent and administrate the interests of the parishes, approving and executing their budgets, establishing and implementing public policies and managing and administrating their assets.
Over the years, we have managed to cover practically all the needs that the changing world of the property market has presented. Gaining our clients’ trust, guaranteeing a return on their investment, maintaining their properties in impeccable state and managing all their requirements, including taking legal measures on their behalf... We are located in the parish of La Massana, but our property world embraces the entire Principality and our client portfolio is international. Our clients can rest easy, as we are an integrated service company, pioneers in the sector in Andorra and unique in the full range of services we provide.
We have expanded from providing accommodation to supplying and managing all our clients’ needs within the property world. We have expanded from operating on the domestic market with clients who came to Andorra with specific business in mind to opening up our entire country, in all its sectors, to the diverse, international market embodied by the new Andorran society. Nowadays, real estate per se has become just a small part of our business.
Our motto is to provide excellence in treatment and service. Our sincere concern for our country and the environment and for people requires us to take an ever more professional approach and to ensure constantly higher standards of transparency, rigour and efficiency.
Our straight, simple approach, based on the search for excellence and client recognition, is the main achievement that the whole team at Massandor strives to achieve in our day-to-day activities. Transparency and security are the two basic pillars on which we seek to reassure our clients and build their loyalty.
The commercial department strives constantly to adapt supply to demand, satisfying the needs of all parties as far as possible.
Massandor is the leading rent management company in the Principality.
We have our own, varied portfolio of properties (flats and apartments, business premises, warehouses, etc.), as well as a large portfolio built up over time, thanks to the trust placed in us by many clients.
As a property investment, renting is made even more attractive by the services we provide for our clients