Andorra Approves New General Accounting Plan for Business Clarity

The Andorran government has approved a new General Accounting Plan to reorganise accounting obligations and deliver a more precise overview of the business sector's financial position.

Endorsed today on the proposal of Economy Minister Conxita Marsol, the plan separates submissions for corporate tax declarations, annual accounts, business results, and statistical reports into distinct processes. All companies—large, medium, and small—must now use these individual channels instead of bundling documents together, as was previously required.

Government spokesperson Guillem Casal described the shift as creating "three distinct procedures, three separate windows" to handle the information more effectively. He stressed that the changes, developed in collaboration with the Official College of Economists and the Chamber of Commerce, Industry and Services of Andorra, impose no additional workload. "It will simply be different logistics," Casal said, adding that the reform clarifies obligations for entrepreneurs.

The updates refine the electronic deposit process on the government's online portal, distinguishing fiscal, accounting, and statistical elements without significantly altering content. New official templates for annual accounts and statistics will support these electronic submissions, boosting administrative digitalisation. Officials say the framework will provide a clearer picture of companies' assets, financial status, and performance, while ensuring reliable statistical data.

Amendments to the Accounts Deposit Registry and Commercial Companies Registry incorporate the separated flows. The plan takes effect on January 1, 2026, and applies to accounting periods beginning on or after January 1, 2025, giving businesses time to adapt. The process, which began about 18 months ago, involved reviewing all deposit forms, including standard and abbreviated versions, and optimising requested statistical information.