Andorra taxes

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Impuestos Andorra 2º Trimestre

Taxes in Andorra

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The evolution of Andorra’s activities and economic structure has meant that the tax system has had to develop in parallel. The most significant change has been the shift from a tax system based almost entirely on indirect fees to the implementation of direct taxes. The advantage? This direct taxation is homologous with other countries around the world. Which entities collect tax in Andorra? In Andorra, taxes are collected through the comús (local councils) and the government. The comús are responsible …

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tax-haven

Andorra is no longer a tax haven, but it still retains its investment appeal

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The days when Andorra featured on the EU list of tax havens are long gone. The legal tax reforms introduced in Andorra and the creation of a tax system that is equivalent to the European one have helped to remove the country from the black list. Nevertheless, our country is still a highly attractive option for foreign investment. Simple foreign investment If a company wishes to base itself in Andorra, it can be very easy to accomplish. Although companies must …

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Q

IGI in Andorra. What is it?

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The evolution of the Andorran tax system has led to the creation of taxation categories that operate in a similar manner to those in force in European countries, albeit with lower burdens. This is the case with IGI (a Catalan initialism for General Indirect Tax) which is equivalent to IVA in Spain or TVA in France. Its introduction enabled the removal of a significant portion of the indirect taxation categories that had hitherto existed and which taxed our nation’s consumption. …

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