In recent years, the Principality of Andorra has experienced a significant process of change that has allowed it stop being considered a tax haven.
On the one hand, the current foreign investment law allows people not resident in Andorra be shareholders of up to 100% of an Andorran company and let a foreign individual investor acquire property in Andorra without the former investment limits.
Moreover, Andorra has implemented a tax system similar to the neighbouring countries and comparable with them, but with lower tax rates, 10% overall, although with some special regimes that may lead to an effective taxation of 2% or even of 0% in some cases.
In addition to the low taxes, Andorra has signed Treaties to avoid double taxation with several countries and it continues working towards having a larger network, since they are an essential tool for international tax planning.
All this makes Andorra a tax competitive jurisdiction and attractive in order to make investments and / or set up businesses.
We offer the services of professionals who will inform you properly and will carry out the necessary administrative steps:
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