The new duties of firms and entrepeneurs.
The introduction of an indirect tax on Service Rendering marked the beginning of the change of the regulation of businesses in Andorra. This change is now taking shape with the publication of the Companies Law and the accounting duties of entrepeneurs.
BancSabadell d’Andorra has hold a series of conferences which were open to firms, entrepreneurs, professionals and any person who is involved in the management of a business. Our wish was to inform about the key issues that derive from this new regulation.
The goal was to clarify three basic questions:
- Which are the new rules that we need to abide to?
- Who is affected by the new regulation?
- Which are the deadlines for implementation?
To download the contents of conference click here.
New legal framework.
Even though there are still some pending issues concerning the regulation (rules which build on some of the published laws, auditing law, etc.), we attach the standards that, up to the present, constitute the new legal environment of companies and entrepeneurs of Andorra:
Law 20/2007 of October 18th on public limited companies (PLC) and limited liability companies. Download.
Law 30/2007 of December 20th on sole entrepeneurs accounting. Download.
Judicial Ruling for the Approval of the Regulation on the Companies Registry. Download.
Open Line.
BancSabadell d’Andorra has set up a special e-mail address where you can refer all your questions on the new regulation and its implementation.
lleicomptabilitat@bsa.ad
If you wish to receive a specific information about any future updates about this subject, please send us an e-mail to secretariat@bsa.ad with the Subject “BancSabadell d'Andorra al dia” and your personal information (Name and Surname / Company name / Job title /Contact e-mail).