List of Taxes

The rates applicable are specified in Law 10/2013, 23 May,  of the Andorran National Institute of Finance [Llei 10/2013, del 23 de maig, de l’Autoritat Financera Andorrana] and specifically in the following articles:

Article 28 - Authorization fee for the creation of a new operating entity in the Andorra financial system

The tax payable is determined by a fixed amount depending on the entity type.

Type of Entity

Creation Tax Rate

Banks

32.018 euros

Non-bank Specialized Credit Institutions

10.673 euros

Financial investment companies

12.807 euros

Financial investment agencies

8.538 euros

Asset management companies

6.404 euros

Financial advisers

2.134 euros

Collective Investment Schemes Management Companies

6.404 euros

Payment Institutions

6.241 euros

Electronic Money Institutions

6.241 euros

Article 36 – Andorran Non-bank Specialized Credit Institutions (EFCE) annual supervision tax rate.

The tax payable is set at a fixed amount of €10,332.

    Article 38 - Fees for the pre-authorization process and/or registration with the AFA

    The tax payable is determined by a fixed amount in accordance with what is established below:

    Rate concept

    Pre-authorization and/or registration tax rate

    Pre-authorization process

    517 – 103.300 euros

    Registration process

    310 – 51.650 euros