Is it legal to move part of my assets to Andorra? [Reddit]
Answered by a local advisor in English, no commitment.
Answer
Yes, transferring assets to Andorra is legal if done in accordance with Andorran regulations and declared to the tax authorities. Andorra has a non-resident income tax and a general indirect tax, but does not tax net wealth. For residents, the maximum personal income tax rate is 10%. It is crucial to structure the operation correctly to avoid contingencies. At Filnet, as advisors in Andorra, we offer company formation, tax management and ongoing support, all online and with a fixed price. Trust professionals who speak your language.
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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