List of Fees
The fees applicable are specified in Law 10/2013, of 23 May, of the Andorran Financial Authority and specifically in the following articles:
Article 28 - Authorisation fee for the creation of a new operating entity in the Andorra financial system.
The fee payable is determined by a fixed amount depending on the entity type, in accordance with what is established below:
|
Type of Entity |
Creation Fee |
|
Banks |
34.291 euros |
|
Non-bank Specialised Credit Institutions |
11.431 euros |
|
Financial investment companies |
13.716 euros |
|
Financial investment agencies |
9.144 euros |
|
Asset management companies |
6.859 euros |
|
Financial advisers |
2.286 euros |
|
Collective Investment Schemes Management Companies |
6.859 euros |
|
Payment Institutions |
6.859 euros |
|
Electronic Money Institutions |
6.859 euros |
Article 39 – Andorran Financial Institutions annual fee of supervision
The fee payable for supervision amounts to: 3.343 €
Article 40 - Fees for the pre-authorisation process and/or registration with the AFA.
The fee payable is determined by a fixed amount in accordance with what is established below:
|
Fee concept |
Pre-authorisation and/or registration fee |
|
Pre-authorisation process |
554 – 110.634 euros |
|
Registration process |
332 – 55.317 euros |