{"id":3609,"date":"2020-10-22T15:57:16","date_gmt":"2020-10-22T13:57:16","guid":{"rendered":"https:\/\/www.augelegalfiscal.com\/is-andorra-part-of-the-european-union\/"},"modified":"2020-10-22T17:30:19","modified_gmt":"2020-10-22T15:30:19","slug":"is-andorra-part-of-the-european-union","status":"publish","type":"post","link":"https:\/\/www.augelegalfiscal.com\/en\/is-andorra-part-of-the-european-union\/","title":{"rendered":"Is Andorra part of the European Union?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3609\" class=\"elementor elementor-3609 elementor-3585\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6104ce56 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6104ce56\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-58220abf\" data-id=\"58220abf\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7886ffe5 elementor-widget elementor-widget-heading\" data-id=\"7886ffe5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_79_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #8f2b2f;color:#8f2b2f\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #8f2b2f;color:#8f2b2f\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.augelegalfiscal.com\/en\/is-andorra-part-of-the-european-union\/#What_is_the_relation_between_the_Principality_of_Andorra_and_the_European_Union_EU\" >What is the relation between the Principality of Andorra and the European Union (EU)?<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.augelegalfiscal.com\/en\/is-andorra-part-of-the-european-union\/#A_specific_and_preferential_customs_regime\" >A specific and preferential customs regime<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.augelegalfiscal.com\/en\/is-andorra-part-of-the-european-union\/#The_most_advantageous_tax_policy_and_the_most_approved\" >The most advantageous tax policy and the most approved<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.augelegalfiscal.com\/en\/is-andorra-part-of-the-european-union\/#376_803_636\" >+376 803 636<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"What_is_the_relation_between_the_Principality_of_Andorra_and_the_European_Union_EU\"><\/span>What is the relation between the Principality of Andorra and the European Union (EU)?<span class=\"ez-toc-section-end\"><\/span><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-768bc052 elementor-widget elementor-widget-text-editor\" data-id=\"768bc052\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Due to its geographical and political situation, the Principality of Andorra strengthens its ties with the European Union (EU). Indeed, since the late 1980s, Andorra has opted for a gradual approximation towards this organization.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3469b20b elementor-widget elementor-widget-text-editor\" data-id=\"3469b20b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>First of all, a relationship on <strong>matters of customs and trade<\/strong> have materialized pursuant to a Customs Union Agreement with the EU, signed in 1990. Secondly, said relationship has been characterized by sectoral cooperation, framed by the Cooperation Agreement signed in 2004. This cooperation includes the <strong>Savings Taxation Agreement<\/strong> and a series of complementary arrangements, including the Monetary Agreement, signed in Brussels on June 30, 2011.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28b2d840 elementor-widget elementor-widget-text-editor\" data-id=\"28b2d840\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Far from being satisfied with a sectoral agreement, since 2015 the Principality has been conducting a third phase of approximation: the negotiation of an association agreement between the European micro-States &#8211; Principality of Andorra, Principality of Monaco and Republic of San Marino &#8211; and the EU. A new agreement seeking <strong>the integration of Andorra into the European Single Market<\/strong>, i.e., the application of <strong>the Four Freedoms<\/strong> (free movement of goods, of services, of capital and of persons), as an essential part of the Community acquis.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f6d2c4 elementor-widget elementor-widget-text-editor\" data-id=\"5f6d2c4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For several years, the Andorran Government has been diversifying and opening the national economy by implementing overhauls that allow national realities to adapt to the European economic environment. Its objective is <strong>to promote trade of goods and services and to attract foreign investment<\/strong>.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9737e5d elementor-widget elementor-widget-heading\" data-id=\"9737e5d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"A_specific_and_preferential_customs_regime\"><\/span>A specific and preferential customs regime<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-17bcfb51 elementor-widget elementor-widget-text-editor\" data-id=\"17bcfb51\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The Principality of Andorra has a specific customs status since its Trade Agreement with the EEC signed on the 31st of December 1990. The customs union applies to the industrial products of chapters 25 to 97 of the agreement but excludes the agricultural products of chapters 1 to 24, which are, however, taken into account in the agreement. Indeed, although these products from Andorra benefit from <strong>exemption of import duties in the EU<\/strong>, this is not the case for products from Europe imported in Andorra. This particular situation of customs union allows Andorra to have preferential regimes that include <strong>the elimination of import and export customs duties and the establishment of taxes with equivalent effect in force between the parties<\/strong>. This agreement is considered preferential since it establishes a derogation from the classic rules of the European customs union, particularly on agricultural products. The interest of the agreement is to not penalize Andorra in its trading with the EU.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-71d8a25 elementor-widget elementor-widget-heading\" data-id=\"71d8a25\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"The_most_advantageous_tax_policy_and_the_most_approved\"><\/span>The most advantageous tax policy and the most approved<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce47d47 elementor-widget elementor-widget-text-editor\" data-id=\"ce47d47\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In 2004, two agreements were signed: the Cooperation Agreement and the Savings Taxation Agreement. The second agreement relates to &#8220;a withholding tax on interest received in Andorra by nationals of Member States of the European Community and an exchange of information upon prior request&#8221;. It was amended in 2016 at the initiative of the <strong>Organization for Economic Co-operation and Development (OECD)<\/strong> to improve international <strong>tax compliance<\/strong> related to the automatic exchange of information on financial accounts. Finally, a Monetary Agreement was signed in 2011 to incorporate European legislation on the <strong>prevention of money laundering<\/strong>, on banking and financial matters, on the statistical data\u2019s collection and on <strong>the prevention of fraud and counterfeit payment means<\/strong>.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d3e4fa elementor-widget elementor-widget-text-editor\" data-id=\"2d3e4fa\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Although a rebalancing is expected in this area, the government has safeguarded its fiscal sovereignty since taxation is not part of the association agreement. The State therefore retains control over its very advantageous tax policy.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c956c61 elementor-widget elementor-widget-text-editor\" data-id=\"c956c61\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Consequently, Andorra has already made a lot of efforts in order to integrate into its international environment: it has implemented its Law on <strong>foreign investment<\/strong>, the internationally approved tax framework, it has signed many <a href=\"https:\/\/augelegalfiscal.com\/en\/conventions-to-avoid-double-taxation\/\">Double Taxation Agreements (DTAs)<\/a> with different countries and especially with neighboring countries and Andorra has recognized European higher education diplomas, etc. The country has never been so open and in just a few years it has made titanic efforts to comply with not only European standards but also international ones.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45004c32 elementor-widget elementor-widget-text-editor\" data-id=\"45004c32\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>The management<\/b><\/p>\n<p><span style=\"color: #a22d58;\">Aug\u00e9 Legal &amp; Fiscal<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31c076c3 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"31c076c3\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5cf71685 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5cf71685\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9c85b9c\" data-id=\"9c85b9c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1793246 elementor-widget elementor-widget-heading\" data-id=\"1793246\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Do you want to contact one of our professionals?<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-37698990 elementor-widget elementor-widget-shortcode\" data-id=\"37698990\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">[contact-form-7 id=\"124\" title=\"Formulario de contacto 1\"]<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-57a2dbee\" data-id=\"57a2dbee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37f565ef elementor-view-default elementor-widget elementor-widget-icon\" data-id=\"37f565ef\" data-element_type=\"widget\" data-widget_type=\"icon.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-wrapper\">\n\t\t\t<div class=\"elementor-icon\">\n\t\t\t<i aria-hidden=\"true\" class=\"fas fa-phone-alt\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b505bbd elementor-widget elementor-widget-heading\" data-id=\"3b505bbd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><span class=\"ez-toc-section\" id=\"376_803_636\"><\/span>+376 803 636<span class=\"ez-toc-section-end\"><\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4fd0fdf9 elementor-widget elementor-widget-text-editor\" data-id=\"4fd0fdf9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you wish, you can call us by phone and we will personally attend to your request.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62812473 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"62812473\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-267f36a2 elementor-widget elementor-widget-text-editor\" data-id=\"267f36a2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>You can also contact our team by sending your inquiry to the following email:\u00a0<a href=\"mailto:info@augelegalfiscal.com\">info@augelegalfiscal.com<\/a>\u00a0or contact us via WhatsApp (Tel:\u00a0<a href=\"tel:00376333376\">+376 33 33 76<\/a>).<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>What is the relation between the Principality of Andorra and the European Union (EU)? Due to its geographical and political situation, the Principality of Andorra strengthens its ties with the European Union (EU). Indeed, since the late 1980s, Andorra has opted for a gradual approximation towards this organization. First of all, a relationship on matters [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3594,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,12],"tags":[],"class_list":["post-3609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-auge","category-12"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/3609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/comments?post=3609"}],"version-history":[{"count":1,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/3609\/revisions"}],"predecessor-version":[{"id":3610,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/posts\/3609\/revisions\/3610"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/media\/3594"}],"wp:attachment":[{"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/media?parent=3609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/categories?post=3609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.augelegalfiscal.com\/en\/wp-json\/wp\/v2\/tags?post=3609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}