All Andorra news / Business and Economy

The Council of Ministers of Andorra introduced a new tax regime for business restructuring operations

According to the initiative of the Minister of Finance of the Principality Jordi Cinca, the Council of Ministers of Andorra decided to introduce a new tax regime for business restructuring operations.

The corresponding decision implies changes in the Regulations on income tax and capital gains tax, as well as in the Regulation on the transfer of …

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All Andorra news / Society

Andorra Telecom became the first company of Andorra joined the state program of the principality for hiring people with dissabilities

Andorra Telecom became the first company of Andorra joined the state program of the principality for hiring people with dissabilities. People with disabilities will work in the departments of public relations and advertising. The agreement on the employment of disabled people in the company was signed by the Minister of Justice, Social and Internal Affairs Xavier …

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All Andorra news / Business and Economy

Everis NTT DATA company opens a branch in Andorra

Everis NTT company opens a branch in Andorra in the second quarter of 2017. The company will employ 25 people.

Today Everis company has offices in 16 countries (including Argentina, Belgium, Brazil, Chile, Colombia, Spain, Italy, Morocco, Mexico, Peru, Portugal, United Kingdom). In total, 17,000 specialists work in the company, in the last financial year the …

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All Andorra news / Business and Economy

New Andorran bus station (Estació Nacional d’Autobusos) will operate with 7 passenger carriers companies

New Andorran bus station (Estació Nacional d’Autobusos) will operate only with 7 passenger carriers companies. Andorran government announced the concession granting to carry out national and international passenger transportation services, reported the Council of Ministers of Andorra.

According to the Council of Ministers, 7 companies are included in the list: Autocars Nadal SA; Camino Bus SLU; La …

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All Andorra news / Business and Economy

The French companies show the increasing interest in investments into Andorra, declared the president of Chamber of Commerce and Industry Marc Pantebre

The French companies show the increasing interest in investments into Andorra. It was declared by the president of Chamber of Commerce and Industry Marc Pantebre following the results of a meeting with the ambassador of France in Andorra Ginette de Matha. At the meeting the parties discussed process of the economic openness  of principality, and also …

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All Andorra 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)

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 of companies
 
 
 
 

Corporation income …

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