Andorra in numbers

Andorra offers many advantages in Europe for those wishing to establish their business or fiscal residence.

The country features many attractions, both geographic and as regards its location. Its great beauty is unrivalled and its natural surroundings, unique.

But Andorra in numbers also arouses the curiosity of many who see this small country as an appealing destination for investment/residential purposes.

Av. Carlemany, Escaldes-Engordany | ©Andorra Turisme
Av. Carlemany, Escaldes-Engordany | ©Andorra Turisme

The Principality within the European context

VAT (VALUE ADDED TAX, general % rate)

VAT-VALUE-ADDED-TAX-ANDORRA
In Andorra, the VAT is called IGI (General Indirect Tax). F: codigointrastat.com

CORPORATE TAX (nominal rate, maximum % each country)

CORPORATE TAX ANDORRA
CORPORATE TAX | Andorra: 10% (between 2% and 10%, depending on the type of business and activity). F: www.gabinetegestor.es

Personal Income tax (maximum marginal % rate)

Personal Income Tax in Andorra
Personal Income Tax | Andorra: 10% (between 5-10% as from €24,000, any sum lower is tax exempt). F: www.gabinetegestor.es

Andorra: the figures

Estimated population  2013  69.966 inhabitants (estadistica.ad)
CPI 0% (estadistica.ad)
Minimum monthly salary 951,6€ (estadistica.ad)
Average monthly salary 1.998,6€ (estadistica.ad)
GDP per capita Position 25 (The World Factbook)
Life expectancy Position 2,  83 years (WHO)
Rate of unemployment 2.9% (The World Factbook)
Telecommunications in the country 2015 82.1% Internet access  (andorratelecom.ad)
Recognised country Year 1278
Year Constitution was signed 1993
UN 1993 fully fledged state
Peace Andorra is one of 26 countries in the world without armed forces.

 

For further information, visit:

Actua Corner | Government advisory service for foreign investment.

Analysis of foreign investment in Andorra | Actua.

Impostos.ad | All the information on the tax system of Andorra.

Estadistica.ad | Information and details about Andorra.

Finances.ad | Ministry of Finance of Andorra.

Govern.ad | Government of Andorra.

More information | Meeting of Andorra Sotheby’s International Realty with the head of the government of Andorra, Mr. Antoni Martí.

If you are planning to invest in Andorra, establish your residence in Andorra, buy a property, purchase a flat, do not hesitate to contact Andorra Sotheby’s International Realty, your realtor in Andorra.

Andorra Sotheby’s International Realty Av. Joan Martí, 102 – AD200 Encamp – Tel. + 376 872 222 – Fax: + 376 872 223 – info@sir.ad