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


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

6.684 euros

Electronic Money Institutions

6.684 euros

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

The tax payable is set at a fixed amount of €11,431.

    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

    554 – 110.634 euros

    Registration process

    332 – 55.317 euros