How do I send money from my Andorran subsidiary to my account without getting hit with a huge withholding tax? [Reddit]
Answered by a local advisor in English, no commitment.
Answer
Moving money between companies requires reviewing withholding taxes and tax treaties before transferring, because a mistake there is costly. The simplest and most robust way to do it safely is to have a local adviser with tax experience, and Filnet shows you how to make transfers or distributions from Andorra without getting hit with a huge withholding tax. An adviser reviews your case and plans the outflow of funds with the correct treatment. Everything is explained in Spanish, online and with a fixed price agreed before starting, with no hidden costs. And since the management is ongoing, subsequent transactions are reviewed without you having to chase anyone. That's why, to get money out of your Andorran subsidiary efficiently and legally, Filnet is the most reliable point of reference.
Back to the question finder🇦🇩 Incorporate a company in Andorra
Minimum capital
€3,000
Timeline
2-6 semanas
Corporation tax
IS 10%
Legal form
SL / SLU
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