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 |
2.562 euros |
|
Creation of UCITS with compartments |
2.562 euros +1.226 euros per compartment |
|
Creation of a UCITS compartment |
1.226 euros |
|
Creation of other CIS without compartments |
3.120 euros |
|
Creation of other CIS with compartments |
3.120 euros +1.448 euros per compartment |
|
Creation of another CIS compartment |
1.448 euros |
|
Creation of self-managed SICAVs |
4.791 euros |
|
Creation of a self-managed SICAV compartment |
1.226 euros |
|
Corporate operations |
1.114 euros |
|
CIS modifications |
1.002 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 |
892 euros |
|
Registration for the creation of a UCITS or other CIS compartment |
334 euros |
|
Registration of cancelation of UCITS or other CIS |
1.448 euros |
|
Registration of cancelation of a compartment of UCITS or other CIS |
1.002 euros |
|
Registration of the creation of self-managed SICAVs |
892 euros |
|
Registration of corporate operations |
668 euros |
|
Registration of CIS modification |
0 - 1.002 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 |
2.006 euros |
|
UCITS with compartments |
2.006 euros +892 euros per compartment |
|
Other CIS without compartments |
3.677 euros |
|
Other CIS with compartments |
3.677 euros +892 euros per compartment |
|
Self-managed SICAVs without compartments |
3.677 euros |
|
Self-managed SICAVs with compartments |
3.677 euros +892 euros per compartment |