List of Taxes

The rates applicable are specified in Law 10/2013, May 23rd 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 - Authorization fee for the creation and/or modification of a Collective Investment Scheme (CIS) under Andorran law

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

Tax Concept

Creation and/or modification Tax Rate

Creation of UCITS without compartments

2.300 euros

Creation of UCITS with compartments

2.300 euros

+1.100 euros per compartment

Creation of a UCITS compartment

1.100 euros

Creation of other CIS without compartments

2.800 euros

Creation of other CIS with compartments

2.800 euros

+1.300 euros per compartment

Creation of another CIS compartment

1.300 euros

Creation of self-managed SICAVs

4.300 euros

Creation of a self-managed SICAV compartment

1.100 euros

Corporate operations

1.100 euros

CIS modifications

0 - 900 euros

 

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

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

Tax Concept

Registration Tax Rate

Registration for the creation of UCITS or other CIS

800 euros

Registration for the creation of a UCITS or other CIS compartment

300 euros

Registration of cancelation of UCITS or other CIS

1.300 euros

Registration of cancelation of a compartment of UCITS or other CIS

900 euros

Registration of the creation of self-managed SICAVs

800 euros

Registration of corporate operations

600 euros

Registration of CIS modification

0 - 900 euros

 

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

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

CIS Type

Supervision Annual Tax Rate

UCITS without compartments

1.800 euros

UCITS with compartments

1.800 euros

+800 euros per compartment

Other CIS without compartments

3.300 euros

Other CIS with compartments

3.300 euros

+800 euros per compartment

Self-managed SICAVs without compartments

3.300 euros

Self-managed SICAVs with compartments

3.300 euros

+800 euros per compartment