Andorra
Andorra: 4 company types, its taxes, banking and business environment.
Forming a company
Company types in Andorra
The 4 forms a founder can choose here, each with its own figures. Open one for its sources.
Doing business here
Business accounts
Providers whose own published list of countries names Andorra. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Andorra.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Andorra: where to register, file and check.
Blocs and agreements
The trade arrangements Andorra belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
Andorra’s own position
- Customs territory
- Its own
Quote
For products covered by the customs union, the Principality of Andorra shall adopt, with effect from 1 January 1991: — the provisions on import formalities applied by the Community to third countries
- VAT territory
- Its own
Quote
L’àmbit territorial de l’impost és el territori andorrà.
- EU–Andorra customs union
- Inside
Andorra is a party to the 1990 Agreement in the form of an exchange of letters with the EEC, which establishes a customs union for products of Chapters 25 to 97 of the Harmonized System, with Andorra adopting the Community's import formalities and customs rules for those products. Agricultural products (Chapters 1 to 24) are not covered by the customs union.
Quote
A customs union shall be established between the European Economic Community and Andorra for the products covered by Chapters 25 to 97 of the Harmonized System
- European Union: internal market and customs union
- In part
Only the customs union for Chapters 25 to 97 applies. Andorra is not in the Union customs territory (it is not listed in Reg. 952/2013 art. 4) and the retrieved texts extend no other internal-market freedom to it. An EU-Andorra association agreement was signed on 19 Oct 2026 but, per the Government of Andorra, it is neither in force nor provisionally applied.
Quote
A customs union shall be established between the European Economic Community and Andorra for the products covered by Chapters 25 to 97 of the Harmonized System
- European Union: VAT territory
- Outside
Andorra levies its own indirect tax (IGI) on Andorran territory and treats entry of goods from another State or territory as an import; the Danish tax authority lists Andorra among territories outside the EU.
Quote
L’àmbit territorial de l’impost és el territori andorrà.
- Agreements in force
- The authority’s own list read 27 Oct 2026
In regional arrangements
- EU–Andorra customs union
- Customs union with the European Union
Covers goods, a common external tariff.
Quote
This Agreement shall enter into force on 1 July 1990, on condition that the Contracting Parties have notified each other before that date of the completion of the procedures necessary to that effect.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 10%
- Distributions
- Not in our records
- Audit
- Audit by a statutory auditor only if, for two consecutive years, at least two of: total assets above EUR 3,600,000; annual turnover above EUR 6,000,000; more than 25 employees (art. 72.1).Official The registry or ministry page as of 2026-10-14
Quote
han de sotmetre els comptes anuals a l’auditoria d’una persona que tingui la condició legal d’auditor de comptes, si durant dos exercicis consecutius concorren, almenys, dues de les circumstàncies següents
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- EUR 851Official The registry or ministry page as of 2026-10-10
Quote
una taxa anyal de manteniment per import de 851 euros en cas que es tracti d’una societat patrimonial o no tingui obert un comerç.
Sales and consumption tax
The tax on what the company sells in Andorra, and when it must register, as the tax authority states it.
- The tax
- IGI
Quote
Els empresaris o professionals que realitzen lliuraments de béns i prestacions de serveis en el territori andorrà a títol onerós
- Standard rate
- 4.5%
Read in a browser (built-in browser, not Claude in Chrome): the Departament de Tributs i de Fronteres IGI page on e-tramits states the general rate as 4,5%, with 0% super-reduced, 1% reduced, 2,5% special and 9,5% increased rates. The page does not give an effective date.
Quote
Tipus de gravamen general: 4,5% Tipus de gravamen superreduït: 0% Tipus de gravamen reduït: 1% Tipus de gravamen especial: 2,5% Tipus de gravamen incrementat: 9,5%
- Other rates
- 1% Operations under the reduced rate (tipus de gravamen reduït); the list of operations is on the authority's page
- 2.5% Operations under the special rate (tipus de gravamen especial); the list of operations is on the authority's page
- 9.5% Operations under the increased rate (tipus de gravamen incrementat); the list of operations is on the authority's page
- 0% Operations under the super-reduced rate (tipus de gravamen superreduït); the list of operations is on the authority's page
Quote
Tipus de gravamen general: 4,5% Tipus de gravamen superreduït: 0% Tipus de gravamen reduït: 1% Tipus de gravamen especial: 2,5% Tipus de gravamen incrementat: 9,5%
- Registration threshold
- EUR 40,000
amount of deliveries of goods and provision of services; investment-goods transfers excluded; annual (xifra anual)
Quote
No tenen la consideració d’empresaris o professionals als efectes d’aquest impost quan l’import dels lliuraments de béns i les prestacions de serveis efectuats no superi la xifra anual de 40.000 euros
- A foreign company
- See the note
The IGI pages read cover obligations for businesses carrying out supplies in Andorran territory; they say nothing on non-resident suppliers, so these fields are left as gaps.
- Returns filed
- Depends on the business
Quote
Xifra anual de negocis inferior a 250.000 euros, els mesos de juliol i gener les corresponents al semestre anterior.
- Tax authority
- Registration page read 2026-10-22
Tax calendar
When the main returns and payments fall due in Andorra, tax year 2025, as the tax authority states it.
- Corporate tax return
- Not in our records
impostos.ad inaccessible when checked
- Corporate tax, final payment
- Not in our records
impostos.ad inaccessible when checked
- Corporate tax, instalments
- Not in our records
impostos.ad inaccessible when checked
- Personal income-tax return
- Not in our records
impostos.ad inaccessible when checked
- Personal income tax, final payment
- Not in our records
impostos.ad inaccessible when checked
- Personal income tax, instalments
- Not in our records
impostos.ad inaccessible when checked
- VAT return
- Not in our records
impostos.ad inaccessible when checked
- Payroll withholding
- Not in our records
impostos.ad inaccessible when checked
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Andorra yet.
Economy and trade
What it exports
Goods Andorra exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Andorra’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Discs, tapes, solid-state non-volatile storage devices, smart cards and other media for the recording of sound or of other phenomena, whether or not recorded, including matrices and masters for the production of discs, but excluding products of Chapter 37 HS 8523 | 8.7% | 15.9% | 35.6% | US$39 m |
| Orthopaedic appliances, including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other appliances which are worn or carried, or implanted in the body, to compensate for a defect or disability HS 9021 | 4.2% | 7.3% | 15.1% | US$17 m |
| Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars HS 8703 | 5.8% | 12.3% | 11.7% | US$13 m |
| Wristwatches, pocket-watches and other watches, including stopwatches, other than those of heading 9101 HS 9102 | 0.52% | 1.6% | 2.3% | US$3 m |
| Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils HS 2710 | under 0.05% | 0.20% | 2.1% | US$2 m |
| Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electromedical apparatus and sight-testing instruments HS 9018 | 0.15% | 0.32% | 1.9% | US$2 m |
| Human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions and immunological products, whether or not modified or obtained by means of biotechnological processes; vaccines, toxins, cultures of micro-organisms (excluding yeasts) and similar products; cell cultures, whether or not modified HS 3002 | 0.07% | under 0.05% | 1.8% | US$2 m |
| Gypsum; anhydrite; plasters (consisting of calcined gypsum or calcium sulphate) whether or not coloured, with or without small quantities of accelerators or retarders HS 2520 | under 0.05% | under 0.05% | 1.8% | US$2 m |
| Cigarette paper, whether or not cut to size or in the form of booklets or tubes HS 4813 | 1.8% | 1.3% | 1.7% | US$2 m |
| Other printed matter, including printed pictures and photographs HS 4911 | 0.56% | 0.72% | 1.4% | US$2 m |
Total goods exports, 2024: US$110 m. The ten largest headings are shown.