In 2016 net income of companies registered in Andorra was about 600 million euros (the exact amount is 581 million euros), reported the minister of Finance of Andorra, Jordi Cinca.
The budget of the principality received about 30 million euros of this amount as the taxes.
As for the number of submitted tax returns, it continues to grow: from 5115 declarations in 2013 to 5921 ones in 2016.
Taxpayers preferred to provide applications mostly personally. At the same time, the number of online applications has also increased: from 20% in 2013 to more than 45% in 2016.