Contributed Articles Tagged 'Andorra'

Residence permits in Andorra

Residence permits in Andorra

Contributed by Andorra-Business , 27 November, 2013

If you are formally resident in Andorra, you are not yet subject to any direct taxation. In simple terms this means that there is no income tax, no capital gains tax (except on Andorran property held for less than 10 years)no wealth tax and no inheritance tax.

On January 1st 2015 new tax regimes will come into force and a new Income Tax and Capital Gains Tax will apply. However, as you will see from the new taxation details at this does NOT mean that residents deriving their income abroad will be much affected, if at all. Read Full Article »

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