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Comparator · Andorra / France / Belgium

Tax comparator:
Andorra, France & Belgium

How much does your taxation really cost you? Compare in a few seconds the tax on your company, your dividends or your income across the three countries — on the 2026 rates.

  • 2026 rates checked at the source
  • Instant result, no sign-up
  • Line-by-line calculation details

Your comparison

Assumption: full distribution of the net profit as dividends to the director.

Saving vs France38,550 €per year · i.e. 79 % less
Saving vs Belgium37,500 €per year · i.e. 79 % less

Estimated total tax on 100,000 € of profit

  • Franceeffective rate 48.6 % 48,550 €
  • Belgiumeffective rate 47.5 % 47,500 €
  • Andorraeffective rate 10.0 % 10,000 €

Corporate income taxTax on dividends

Indicative and non-contractual estimate. The comparator applies the 2026 rates to a simplified case. It does not include social contributions, the France-Andorra tax treaty, the conditional reduced regimes (Belgian VVPRbis, etc.) or your actual situation; for Belgium, average municipal surcharges (7 %) are applied. Only a personalised assessment drawn up by our firm has the value of a study.

Get a personalised assessment
Worked examples

Pre-calculated typical cases: taxes in Andorra, France and Belgium

The same formulas as the tool, applied to common amounts — to get your order of magnitude before entering your own figures.

Company profit fully distributed as dividendsStandard corporate income tax rate, without the SME option

  1. Profit distributed

    100,000 €

    France
    48,550 €
    Belgium
    47,500 €
    Andorra
    10,000 €

    38,550 € saved per year compared with France (−79 %)

    37,500 € compared with Belgium (−79 %)

  2. Profit distributed

    200,000 €

    France
    97,100 €
    Belgium
    95,000 €
    Andorra
    20,000 €

    77,100 € saved per year compared with France (−79 %)

    75,000 € compared with Belgium (−79 %)

  3. Profit distributed

    500,000 €

    France
    242,750 €
    Belgium
    237,500 €
    Andorra
    50,000 €

    192,750 € saved per year compared with France (−79 %)

    187,500 € compared with Belgium (−79 %)

Personal incomeSingle person — income tax only, excluding contributions and the family quotient

  1. Net taxable income

    60,000 €

    France
    11,104 €
    Belgium
    22,564 €
    Andorra
    2,800 €

    8,304 € saved per year compared with France (−75 %)

    19,764 € compared with Belgium (−88 %)

  2. Net taxable income

    120,000 €

    France
    33,001 €
    Belgium
    54,664 €
    Andorra
    8,800 €

    24,201 € saved per year compared with France (−73 %)

    45,864 € compared with Belgium (−84 %)

Indicative figures calculated with the 2026 rates below — test your exact situation with the comparator.

2026 rates

The 2026 rates used: Andorra, France, Belgium

The rates the comparator applies, tax by tax. In Andorra: 10 % corporate income tax, Andorran-source dividends untaxed and an income tax capped at 10 % — no wealth tax and no inheritance tax.

2026 rates in France, Belgium and Andorra
TaxationFranceBelgiumAndorra
Corporate income tax25 %15 % up to 42,500 € (SMEs)25 %20 % up to 100,000 € (SMEs)10 %
Dividends31.4 %flat tax (PFU)30 %withholding · 18 % VVPRbis*0 %Andorran source
Income tax (max)0 → 45 %25 → 50 %+ municipal surcharges0 / 5 / 10 %
Wealth taxIFIreal estateNoneNone
Inheritance tax (direct line)up to 45 %depending on the regionNone

* VVPRbis: conditional reduced rate. Sources: France — service-public.gouv.fr & impots.gouv.fr (LF / LFSS 2026); Belgium — SPF Finances (fin.belgium.be), personal income tax & corporate income tax scale 2026; Andorra — Llei 5/2014 & Llei 95/2010 (portaljuridicandorra.ad). The France-Andorra treaty of 2 April 2013 prevents double taxation.

Method

How to read the Andorra / France / Belgium comparison

Three tax systems, one common calculation basis — to compare like with like.

“Company & dividends” mode

It reconstructs the full tax cost when you take the profit out of your company as dividends: corporate income tax first, then the tax on dividends.

  • France — corporate income tax of 25 % (15 % on the first 42,500 € for eligible SMEs), followed by the 31.4 % flat-rate withholding on dividends.
  • Belgium — corporate income tax of 25 % (20 % on the first 100,000 € under conditions), followed by a 30 % withholding tax.
  • Andorra — corporate income tax of 10 %; Andorran-source dividends are not taxed a second time.

The Andorra / France simulator details this two-country calculation.

“Personal income” mode

It applies the progressive income tax scales for a single person.

  • France — up to 45 %.
  • Belgium — up to 50 %, plus municipal surcharges.
  • Andorra — 10 % maximum, with a first bracket exempt up to 24,000 €.

To go further, see our detailed comparisons Andorra vs France and Andorra vs Belgium.

About the comparator

Tax comparator: frequently asked questions

What the calculation covers, what it leaves out and where the figures come from.

Another question? Write to us
How does this comparator work?

You enter an amount — your company's profit or your taxable income — and the comparator calculates the corresponding tax in the three countries according to the 2026 rates, then the saving achieved in Andorra. In company mode, it adds the corporate income tax and the taxation of the distributed dividends ; in income mode, it applies the progressive scale for a single person.

Are the figures up to date for 2026?

Yes. The French rates come from service-public.gouv.fr and impots.gouv.fr (2026 finance acts), the Belgian rates from the SPF Finances (personal income tax and corporate income tax 2026), and the Andorran rates from Llei 5/2014 and 95/2010. The sources are listed below the table.

Are social contributions included?

No. The comparator covers only tax. Social contributions (charges in France and Belgium, Andorran CASS of around 22 %) are added in each country and depend on your status ; they are included in the personalised assessment drawn up by our firm.

Why does Andorra often come out as more advantageous?

Because Andorra combines a corporate income tax of 10 %, Andorran-source dividends not taxed a second time, an income tax capped at 10 %, and the absence of wealth tax and inheritance tax. These advantages require a real and effective tax residence in Andorra, which our firm structures by the book.

Is the reduced SME rate taken into account?

Yes, as an option. In “Company & dividends” mode, switch on “Reduced SME rate”: the comparator then applies 15 % on the first 42,500 € of profit in France and 20 % on the first 100,000 € in Belgium, then 25 % above. These reduced rates are reserved for companies that meet certain conditions; eligibility is checked in the personalised assessment.

Is the France–Andorra tax treaty taken into account?

No. The comparator sets the three countries’ rates side by side without applying the France–Andorra tax treaty of 2 April 2013. The treaty prevents double taxation between France and Andorra; how it applies depends on your effective tax residence and the source of your income, and it is analysed in the personalised assessment. See our guide to the France–Andorra tax treaty.

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