Coworking Andorra
The aim of coworking spaces in Andorra is based on attracting talents, helping to connect individuals with entrepreneurial and business systems, generating synergies and opportunities among the community.
Since 2020, the Government of Andorra and respective Comú d’Andorra la Vella enabled coworking offices meeting the technical-architectural, legal, and safety regulations to offer the service of domiciliation of companies to operate in the Principality of Andorra.
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Coworking Space Solutions in Andorra
If you decide to do coworking in Andorra, these are the main advantages:
- Low office rental cost
- Shared infrastructure (conference rooms, restrooms, cafeteria)
- Secretarial services (mail service)
- Excellent internet connection in all areas
- 24/7 security
- Andorran VPN service
Best Coworking Spaces in Andorra
- Ingeni Coworking Andorra – Passatge d’Europa, 1. Edifici el Bolet, 4a planta, AD500, Andorra la Vella. Website: https://ingeni.ad/
- Smart Executive Center – Av. Princep Benloch 26-30, 2nd floor, AD500, Andorra la Vella. Website: http://www.executiveandorra.com/
- Andorra Work Center – Av. de Tarragona, 51, AD500, Andorra la Vella. Website: http://andorraworkcenter.com/
- Hive Five by Bomosa – Av. Doctor Mitjavila 5, AD500, Andorra la Vella. Website: https://hivefive.spaces.nexudus.com/en
Why Share an Office in Andorra?
While it is true that Andorra has lower tax rates than neighboring countries, Principality has a limited capacity for population growth. For an entrepreneur searching for a headquarters, Andorra offers a modern environment in a process of continuous improvement.
Citizen’s security is one of Andorra’s main assets, in addition to a stable currency – Euro, and less than three hours journey to the international airports of Barcelona and Toulouse (or 20 minutes to local Andora-La Seu airport).
As for the differentiation between a company and an individual when it comes to complying with the requirements for domiciliation, the beneficiary of Andorra active residency must stay at least 183 days in the Principality. Also, the core of economic activities or interests must be based in Andorra, directly or indirectly. In the case of companies, it is essential to establish tax residency in Andorra.
Until a few years ago, foreign investment in Andorra was limited to a restricted regime of requirements and administrative authorization which, for example, demanded the participation of Andorran nationals in the structure of the foreign business, a requirement that overly complicated the company formation in the Principality.
Andorra is no longer considered a “tax haven” by the OECD and the European Union. Current negotiations for the formalization of an Association Agreement will entail, among other things, the free movement of people and capital.
The Principality has bilateral agreements with a multitude of countries, including eight double taxation agreements. The Social Security System in Andorra (CASS) is competent, reliable, and solvent with one of the best health systems in the world, in co-payment mode.