Page 116 - Economic report 2020

of GVA (also in 2021). In terms of employment, the transport sector (including overland and air
transport and related activities, including travel agencies) represents 2.5% of total employees,
with 1,028 workers, and the sector of telecommunications and mail only 0.7%, with 299 people
(2022 data).

The number of employees in the Employment in the sector of transport and
sector of transport and communications increased by 14%, after
communications increases by 14%. two years of decline, equalling the figure in
2019. In 2022, there were 1,327 employees
in this sector, 163 more than in the previous
year. This increase can be explained by the branch of transport, which recorded 20% more
employees, favoured by the recovery in tourism, while employment fell 2.3% in the branch of
telecommunications and mail (the fifth consecutive year of decline).

The rapid recovery in the sector of overland transport and the shortage of staff have pushed up
the average wage in this branch (+9.0%), while it also increased in activities related to transport
and travel agencies (+14%) and in the branch of mail and telecommunications (+6.2%).

The number of establishments in the sector of transport and storage reached 260 in 2022, four
more than in the previous year. In contrast, the number of establishments working in information

Box 12.3
LAW ON THE DIGITAL ECONOMY, ENTERPRISE AND INNOVATION
114

In the legislative sphere, note the approval, on 1 After the government agreed 50 work permits for
December 2022, of Law 42/2022, on the Digital digital nomads and 50 more permits for entrepreneur
Economy, Enterprise and Innovation. This regulates visas, in January 2023, the executive government
aspects such as the possibility of creating special passed the implementing regulations for the Law
economic areas on national territory that can offer on the Digital Economy, Enterprise and Innovation
spaces where established businesses can have and (passed in December 2022) in May 2023, establishing
generate competitive advantages or the creation of the procedure for applying for the prior authorisation
testing grounds where entrepreneurs can develop needed to obtain such permits. Attracting digital talent
innovative products and services. could help to grow the national innovation ecosystem
and the Andorran economy, as it involves highly-
Andorran economy: developments in the main sectors | XII. Services
The law also looks at physical spaces, such as coliving qualified profiles with a medium-high economic level.
spaces and coworking spaces, but also “incubators” Parallel to the regulation of digital nomads and the
and “accelerators” to create new opportunities where entrepreneur visa, the Government has also passed
national entrepreneurs and those who chose Andorra the regulations for creating the Startups Companies
to establish themselves can develop business projects. Register which, as well as providing legal certainty
Equally, the new law aims to enhance financing and to emerging companies, must enable monitoring of
investment in business initiatives linked to the digital the ecosystem to see how it functions and provide a
economy, entrepreneurism and innovation, and contact point between investors and entrepreneurs.
streamline immigration permits for digital nomads Finally, the green light was also given to the third
and visas for entrepreneurs. Finally, the law considers implementing regulation of the Digital Economy Law,
digital institutions, such as open access to data and in this case relating to the sandbox, to create a testing
gateways for exchanging documents and data, with ground where entrepreneurs and innovators, whether
which it hopes to reduce administrative burdens, natural or legal persons, can test their products and
tackle fraud and stimulate the economy. digital services before launching them in the market.