The banking sector of Andorra is one of the most important sectors of the principality. Part of this means that it is highly regulated and it will be relatively easy for a new resident of Andorra to find a bank. Banking
Is Andorra a tax haven?
There are many common misconceptions about Andorra, a tiny landlocked country between France and Spain in the Pyrenees Mountains. Those who know enough about the financial side of a country to be dangerous often use the word “tax haven” in
Andorran tax system
Hidden away in the Pyrenees Mountains is the low-tax Principality of Andorra. Andorra offers endless possibilities for both residents and tourists. However, many of these people would never have found Andorra on the map without its low but fair tax system.
Capital gains tax in Andorra
Andorra has one of the lowest capital gains tax rates in the world, averaging around 10% . This is significantly lower than other European countries such as France, where the figure is 33%. Before the recent changes, there was no capital gains tax
Personal income tax in Andorra
Andorra is widely known for having one of the lowest income tax rates in Europe. In this article we will explain the details of income tax in Andorra. However, the main figure of the Andorran tax system is that no one
Andorran tax rates
Andorra is a small European country with a huge reputation for favorable tax rates. Highlights include, but are not limited to, low value added tax, no sales tax and low personal income tax. The benefits also apply to the corporate tax
Andorran tax residency: benefits and requirements
One of the most significant advantages of living in Andorra is the favorable and simple tax system. It requires residents to pay a maximum of 10% personal income tax. Minimizing the amount of tax you pay on your income will be
Bitcoin and cryptocurrencies in Andorra
While cryptocurrencies, DAOs, DeFi and other blockchain-related projects are developing at a rapid pace, most governments are struggling to keep up. Coupled with the extremely risk-averse attitude of many banks around the world, bridging the gap between traditional finance, taxation and