All news / Comment

FIS SKI – Andorra

FIS SKI: Andorra

Andorra has strong ties with the skiing world. The principality is one of Europe’s most important destinations and skiing is a basic cornerstone of the country’s economy. The relationship between Andorra and FIS SKI began in 1957 with the inauguration of the Pas de la Casa-Grau Roig ski resort, the first …

More
All news / Comment

Who will pay income tax in Andorra in 2016 and later?

How and who will pay income tax in Andorra in 2016 and later?

Tax on income of individuals (income tax)

1. What is a tax on income of individuals (IRPF)?

Income tax (IRPF) is a tax levied on income received by individuals having the status of a tax resident in the territory of Andorra. Income tax is …

More
All news / Comment

Taxes in Europe. Comparative characteristics of tax systems of EU countries, Andorra, San Marino, Monaco and Liechtenstein (corporate taxation)

Taxes in Europe. Comparative characteristics of tax systems of EU countries, Andorra, San Marino, Monaco and Liechtenstein (corporate taxation – europe tax)

Andorra and nearest neighbors: 

 
Andorra
Spain
Portugal
France

Taxation of companies
 
 
 
 

Corporation income tax
2 or 10%
30%
25%
33.33%

Capital gains tax
0-15%
30%
25%
33.33%

Withholding Tax-Non Treaty (for non-residents)
 
 
 
 

Royalties
5%
24.75%
15%
33.33%

Interests
0%
21%
25%

Dividents
0%
21%
25%
25%

Various Fees

21%; 24.75%
15%; 21.5%
33.33%

Indirect Tax (VAT)
 
 
 
 

Value Added Tax (Equivalent). Indirect taxation
4.5%
21%
23%
21.2%

 Andorra and other tax havens:

 
Andorra
Liechtenstein
Monaco
San Marino

Taxation …

More
All news / Comment

Best place to live. 21 “PROS” for Andorra

photo: Stefano Paletti

Best place to live. 21 “PROS” for high living standards in Andorra:

1/ Direct taxes 10% – minimum in Europe . VAT remains at the level of 4.5%.

2/ In accordance to International living index, Andorra takes the 12th position in the world for its living standards.

3/ The GDP per capita index is higher …

More
All news / Comment

Andorra – EU. Relations, diplomacy, association agreement

Andorra – EU (European Union)

The official name of Andorra is the Principality of Andorra. It is not a member of the European Union.

Nowadays Andorra has a status of being a legally, democratically and socially independent country. On 14th May 1933 the referendum over the first Constitution was held. That Constitution was …

More
All news / Comment

Andorra plans to increase the flow of tourists by 1/3 for summer season

In  accordance to the estimates of Andorran Government, in order to assure optimistic forecasts on the amount of tourists, visiting Andorra in summer time, their amount should be increased up to 600 000 (approximately 30% more than in the previous year). Consequently, that will allow increasing the level of employment in the touristic sector by 50%. …

More