List of Taxes

The rates applicable are specified in Law 10/2013, of 23 May, of the Andorran Financial Authority 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, in accordance with what is established below:

Type of Entity

Creation Tax Rate

Banks

34.291 euros

Non-bank Specialized 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 rate of supervision

The tax payable for supervision amounts to: 3.343 €

 

Article 40 - 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

554 – 110.634 euros

Registration process

332 – 55.317 euros