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 |
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 |