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.

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Key facts and steps

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• Corporate tax (IS): 10% (maximum)

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• VAT (IGI): 4.5%

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• Dividend tax: 0% for Andorran residents

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Andorran banks

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

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Our firm has a representative in Andorra.