List of Fees

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

 

Article 29 - Authorisation fee for the creation and/or modification of a Collective Investment Scheme (CIS) under Andorran law

The fee payable is determined by a fixed amount according to the type of the administrative act that is subject to the authorisation request, in accordance with what is established below:

Fee Concept

Creation and/or modification Fee

Creation of UCITS without compartments

2.680 euros

Creation of UCITS with compartments

2.680 euros

+1.282 euros per compartiment

Creation of a UCITS compartment

1.282 euros

Creation of other CIS without compartments

3.264 euros

Creation of other CIS with compartments

3.264 euros

+1.515 euros per compartiment

Creation of another CIS compartment

1.515 euros

Creation of self-managed SICAVs

5.011 euros

Creation of a self-managed SICAV compartment

1.282 euros

Corporate operations

1.165 euros

CIS modifications

0 - 1.048 euros

 

Article 30 - Registration fee for the creation, cancellation and/or modification of a Collective Investment Scheme (CIS) under Andorran law.

The fee payable is determined by a fixed amount according to the type of the administrative act that is subject to the authorisation request, in accordance with what is established below:

Fee Concept

Registration Fee

Registration for the creation of UCITS or other CIS

933 euros

Registration for the creation of a UCITS or other CIS compartment

349 euros

Registration of cancelation of UCITS or other CIS

1.515 euros

Registration of cancelation of a compartment of UCITS or other CIS

1.048 euros

Registration of the creation of self-managed SICAVs

933 euros

Registration of corporate operations

699 euros

Registration of CIS modification

0 - 1.048 euros

 

Article 35 - Annual fee of supervision of the Collective Investment Schemes (CIS) under Andorran law.

The fee payable is determined by a fixed amount according to the type of CIS, in accordance with what is established below:

CIS Type

Supervision Annual Fee

UCITS without compartments

2.098 euros

UCITS with compartments

2.098 euros

+933 euros per compartiment

Other CIS without compartments

3.846 euros

Other CIS with compartments

3.846 euros

+933 euros per compartiment

Self-managed SICAVs without compartments

3.846 euros

Self-managed SICAVs with compartments

3.846 euros

+933 euros per compartiment