All Andorra Interviewed Mr. Files on the Banca Privada d’Andorra scandel. Mr. Files shares the roots of the problem, and it was not the US singling out Andorra. Mr. Files also shared a general overview of where Andorra sits in the world of Offshore Finance and some choices that could be made for the way […]
By “securitisation” is meant the operation by which a securitisation vehicle acquires or takes on risks linked to loans, goods or liabilities accepted by a third party by issuing transferable securities the value or yield of which is dependent on these risks. Practically speaking, a securitisation operation consists of bringing together a group of assets […]
The SOPARFI (Société de Participations Financières) is not a special type of company but an ordinary commercial entity governed by common law, specifically the 1915 Law on commercial companies. It does not enjoy any special tax regime and is fully taxable. There are no restraints on its field of activity. A Soparfi can, however, significantly […]