Place an Andorran holding company at the top of your corporate group and wealth structure: received dividends and capital gains on qualifying participations are exempt, cash repatriation is optimised, and succession is planned.
The holding company in Andorra, in brief
Andorre Gestoria — French-speaking tax and wealth advisory firm, Canillo (RLG CAPITAL, SL). Up to date as of 15 October 2026.
Andorra
An Andorran holding company owns your participations — operating companies, real estate, portfolios — and centralises cash flows. Most commonly incorporated as an SL, it combines a favourable tax environment, great flexibility, and simplified wealth transfer.
Income distributed by qualifying participations and capital gains on their disposal are exempt from corporate income tax.
A single apex to own and orchestrate multiple companies, whether in Andorra or abroad.
Organise a smooth family transfer — with no inheritance tax in Andorra.
The general corporate tax regime (Law 95/2010, art. 20) fully exempts dividends and capital gains on participations once two cumulative conditions are met, on a basis of real substance — subject to the exceptions in article 20.2.
Hold, directly or indirectly, at least 5 % of the subsidiary’s capital or voting rights without interruption for at least one year, and the subsidiary must be subject to a comparable tax at a nominal rate of at least half the Andorran rate (deemed met in a treaty country).
An accessible thresholdManagement, resources and genuine presence in Andorra: substance makes your holding robust and fully recognised. We build it with you.
The foundation of everythingDividends received and capital gains on disposal of qualifying participations: exempt from corporate income tax — except for the cases in article 20.2, notably the gain on a subsidiary whose assets are at least 50 % Andorran real estate. All other activity is subject to the standard 10 % rate.
The outcomeFar from being an isolated jurisdiction, Andorra is today fully connected to the world. Its network of double-taxation conventions secures your holding's cross-border flows and makes all the difference for international ownership structures.
Andorra has signed more than twenty tax treaties: France, Spain and Portugal, but also Luxembourg, the Netherlands, Liechtenstein, Malta, Cyprus, the United Arab Emirates, San Marino, Monaco, Hungary, Croatia, Iceland, and now the United Kingdom. Each treaty is a bridge that secures the dividends and capital gains of your holding.
One structure, three powerful levers — which we calibrate to your situation and objectives.
Place one or more operating companies, a securities portfolio or real estate under a single roof, whether in Andorra or abroad.
A structured wealth baseDividend upstream, group treasury, reinvestment: everything is managed from a single apex within a favourable tax framework.
Optimised treasuryProgressively gift the holding's shares with no inheritance or gift tax in Andorra: wealth transfer becomes seamless.
Smooth successionMost commonly an SL (Societat Limitada), valued for its flexibility and minimum share capital of 3 000 €. An SA is available for larger groups. We select the most suitable form for your structure.
Yes, when two conditions are met: a participation of at least 5 % held without interruption for at least one year, and a subsidiary subject to a comparable tax at a nominal rate of at least half the Andorran rate (deemed met in a treaty country). Dividends are then fully exempt from corporate income tax (Law 95/2010, art. 20).
Yes, on the same conditions: at least 5 % held for one year at the date of sale. The subsidiary’s taxation condition must be met throughout the holding period; otherwise only the portion of the gain relating to compliant years is exempt.
Yes, and it is a genuine strength: real presence in Andorra — management, resources, premises — makes your holding robust and recognised, both locally and internationally. We put this substance in place with you.
Yes, more than twenty double-taxation conventions, including France, Spain, Portugal, Luxembourg and, since late 2025, the United Kingdom. This network secures the international flows of your holding.
Yes. An Andorran holding company can hold participations in French, Spanish or other foreign companies. The quality of the structure and the treaty network determine the efficiency of the arrangement: this is precisely what we design.
To hold assets rather than companies, see the wealth management company. For international business activity, the international company. Or compare all company types.
