Andorran Holding Companies
Holding companies in Andorra have the sole purpose of managing and owning shares
In the memory of the annual accounts, the details of the company´s portfolio needs to be clearly specified. Also the shares in companies that the holding company has or has held during the year needs to be specified. Same as its equity and its dividends or reserves received during the year.
All dividends received by Andorran holding companies and the profits they generate from their holdings in other companies, are exempt from tax in Andorra.
Profits/dividends distributed by the Andorran holding companies to their shareholders are exempt from any taxation as well.