Business in Andorra 2026: Company Registration, Banking and Taxation

Andorra is a microstate between Spain and France with some of the lowest corporate tax rates in Europe.

Key facts and steps

• Corporate tax (IS): 10% (maximum)
• VAT (IGI): 4.5%
• Dividend tax: 0% for Andorran residents

Andorran banks

Creand, MoraBanc, Andbank — account opening for non-residents difficult without preparation. Requires full KYC package + business plan + reference letters.

Our firm has a representative in Andorra.