Youtubers Paying Taxes in Andorra
Yesterday, Manel Casal from Virtus Advocats explained on TV3 the implications of changing tax residency, which requires careful planning and a business project. Andorra aims to adapt to the digital economy.
Yesterday, our colleague from Virtus Advocats and CIM Tax & Legal, @ManelCasal, clarified doubts about changing tax residency on TV3. Changing your tax residency goes far beyond spending more than 183 days in a country. It requires solid planning, along with a personal and business project to support it.
The digital economy demands adjustments to tax regulations, which were originally designed for more physical concepts. Nowadays, operations take place on global digital platforms, which creates significant challenges related to delocalization.
#Andorra also wants to take part in the digital economy, offering more than just a tax advantage for these activities. It provides a strong ecosystem of entrepreneurs, which should allow for economic diversification and national progress.
You can watch the clip here: https://www.3cat.cat/3cat/youtubers-a-andorra-lexode-per-pagar-menys-impostos/video/6079727/
At Virtus Advocats, we work to streamline all these processes so that obtaining or renewing your residence and/or work permit happens as quickly as possible. Contact us if you have any questions.