News


FEBRUARY 2015

Advancements in Andorra's Double Taxation Agreements Network

The Principality of Andorra’s Official Journal published the ratification of the Double Taxation Agreement signed with France last November.  However, the agreement will enter into force after France ratifies it.  France ratification is expected for early this year.

On January 9 2015, Andorra and Spain signed a Double Taxation Agreement that will be ratified this year and will enter into force as of January 1 2016.

Bothe DTAs agreed on withholdings regarding dividends, interests and royalties payments of 5% maximum, subject to a shareholding requirement of at least 10%; otherwise, the withholding could go up to 10%.